Coronavirus is a deadly and highly contagious disease that spreads
rapidly. Its rate of infection has impacted various business industries
in unexpected ways. There is no cure for the disease yet. Therefore, most
businesses around the world have made the decision to shut down to
help reduce the rate of infection. Also, employees are being encouraged
to practice social distancing by working from home.
However, essential workers such as health care professionals, grocery
store workers, and more still have to go to work. The impact of COVID-19
on both small and large businesses is projected to be huge as the
pandemic does not seem to be ending anytime soon. It would take quite
a while for several businesses to recover from such a hit.
Tech and software industries like the software vendors industry have not
been spared of the chaos. Although the effect is to a lesser degree
compared to other industries especially if your solution is on the cloud
provided as a SAAS platform. All Internet Software companies, Service
Providers, and Information Technology Services are not fully affected by
the restrictions that have been imposed on other business sectors.
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