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cioaxis
cioaxis
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Joined: 2021-02-25
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The coronavirus (COVID-19) will by far have the most impact on the technology industry in 2020. It will put incredible strain on the world’s economy, which will be effectively halted for three months or more. It is effectively a stress test on companies’ ability to cope with extreme shocks. COVID-19 will test the financial robustness of companies, and many will not survive this initial phase. Almost all others will suffer a significant drop in revenues, says GlobalData, a leading data and analytics company.

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