Archive for March, 2020

Changing dynamics from experience to Life That Matters – COVID19 Defines the New Normal for the days to come.

Anxiety, fear, vulnerability, insecurity, isolation, and so on are the prominent emotions which this virus has brought out. With the world gripped into it, driving economies to the knees to cough up stimulus packages, industries forced to adopt the new normal with their employees working from home and government lockdowns to social distancing to contain the COVID.

While you think of the fearless past to what we are in today together, our human race is set to change in the way we live, we think, we behave, we do, we conduct, and we look at. Every piece of breakthrough till December 2019 would be questioned. Business dimensions would change from experiences to life that matters. What this virus has made us realize is the value of our life, the very basic which hid in the cloud of experience.

Keeping the source and origin aside from the virus, if it is here to stay, there are lots to change. While governments and enterprises are working day & night to get the solutions in place to detect, contain, cure and vaccinate for the future, the question is how secure is life. It’s not about insuring your future but living life fearless again.

Its time investing in Securing Life as we built security to secure the systems from viruses. The world around us is not going to be the same as before. One’s life would be the utmost priority and health top of the agenda. What would be essential is the transparent health system, alarming people on the outbreak at any corner of the world. What would change is the eminence of health care technologies, while molecular-based science would be working on human cells, supporting technologies to identify and securing the world would add in the checklist of every individual driving confidence.

The unfortunate part of such unprecedented pandemics is maintaining equilibrium between people and the economy. Both are hand in glove and clearly, there is no balance, countries prioritizing on people are seeing the impact on the economy. Long durations of lockdown would impact demand & supply at some point, like manufacturing set up can’t function with employees working from home. This would lead to cascading effects across the chain. Given the scenario what would lead the change in technologies is robotics, automation, and 5G. Humanoid might see its evolution which was debatable so far.    Coexistence with humans would be explored as part of BCPs.

As market shifts from experience to life that matters, data science would make it’s the way through and through systems in driving one view in visualizing an individual. COVID-19 is also about traceability to contain the exposure. The government would need to think of connecting citizen through technologies driving traceability and identifying arising anomalies which can be treated and actioned using AI. Data would be the key to the unpredictable and vulnerable society we have stepped into.

Smart would now have to add to a social value proposition. It is back to basics to detect, contain & cure. The need of the hour is technologies and consumer durables operating on medical technologies in defining smart.

 

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