Companies'Digitalization Challenges and Opportunities in A Post-Covid-19 World

Abstract

Aaqib Nisar Bhat and Dr. Suresh Kaswan

COVID-19 has had a major impact on the world economy, company operations, and individuals. However, technology is additionallyhelpingseveral businesses in adapting to and overcoming this crisis obligatory by COVID-19. The augmented usage of technology in people' and businesses' daily lives in response to the present extraordinary situation is proof of the digital acceleration process. This preliminaryanalysis investigates the consequences of digital transformation processes in 3 corporate areas: labor and social relations, promoting and sales, and technology. The influence of digitalizationis probably going to be cross-cutting across all areas, encouraging the introduction of recent digital merchandise and services based on the flexibleness concept. Furthermore, new modes of operating will increase the demand for brand new talent no matterwhereverpeople live. Furthermore, cybersecurity and privacy will become 2crucialelementsthat may assist the integrated development of net of Things technological solutions, artificial intelligence, and machine learning.

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