Events

Introduction

The COVID-19 pandemic has forced many around the world to rethink our daily lives and routine from work to school to business to entertainment. In response to travel bans, school and office closures, and recommendations to not gather in large groups and social distancing from fellow humans to limit the spread of the virus, many people turned to digital tools to keep some resemblance of normality. It's been imperative to digitally transform our places of work and education to be able to operate effectively. Those companies able to adapt and adopt to technology well to keep going and rethink their business model for the future by fast-tracking and adjusting towards digital transformation will be ones ahead of their competition.

Even companies that were resistant to the concept of a distributed workforce have been forced to allow working from home or working remotely, so work can still be done while taking precautions to halt the spread of the virus.

While the ability to work from home and remote mobile is a benefit many employees value, many companies lack the technology infrastructure structure and governance to offer that capability without some sacrifices to "business as usual."

However, one unexpected outcome of COVID-19 is that companies realize the benefits of fast-tracking digital transformation as well as the adoption of the new era of the Fourth Industrial Revolution (4IR) which seen be evitable when this episode of major Pandemic outbreak is over. During 1998 financial crisis, there were millions of jobs disappear and when the economy recovered and the same job came out it required new type of skills due to the new business model being introduced. The same scenario may repeat again but this time the impact could be bigger if we are not ready to for it. Let’s spend some time to listen from Mr. Ts. Azhar Md Nayan the subject matter expert for the digital transformation in the region.

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