Reference no: EM133220524

Technology Mega Trends For 21st-century enterprises, connectivity, big data and analytics, and digitization are technology mega trends that cannot be ignored. Business breakthroughs and innovation would be impossible without them. They also mark the difference between outdated 20th-century business models and practices and those of today's on-demand economy.

One of the things that has been in the headlines recently is COVID19. Recent developments surrounding the COVID-19 global pandemic have had a far-reaching effect on the global economy and the professional and personal lives of individuals. Consequently, companies in all industry sectors have had to act much more quickly to create new business models that address the regulatory requirements of COVID-19 lockdowns along with ensuing health and safety concerns and new purchasing habits of consumers, vendors and partners. Most companies have achieved this goal primarily by integrating new innovative information and communication technologies into their business models to increase personal engagement with consumers, vendors and partners, maintain a competitive advantage in the market and develop the operational resilience needed to safeguard their sustainability. As a result, the rate of digital transformation around the globe has increased significantly.

Research a company or area of your choice such as education, healthcare, law enforcement, retail, social media, etc. and discuss the impact COVID19 had on them and what they did about it.