First of all, we are experiencing a rapid contagious disease that even the person who sent the alarm before outbreak received the virus! Time to look at the outcome of this dilemma on international level.
The effect on social media has increased due to people under quarantine are communicating more through Tik Tok, Facebook, Google, WhatsApp, Telegram, SnapChat, Twitter, and more. People are using these sites for their downtime and are able to witness more from other regions on their mobile devices.
The effect on production has slowed down. Recently, Tesla Shanghai said that they will reopen their production and go back to work soon. This means that other tech companies within the regions of quarantine sections are under lockdown and losing money. Starbucks and Dominos as good industry are closed and losing quarterly earnings.
The effect on remote software apps have increased. The traffic on Zoom have increased and the company is seeing a surge of users on their platforms to utilize their software. The usage will be very helpful while under lockdown.
The delivery tech firms such as DoorDash, Uber, Lyft, UberEats, Postmates, and have a surge of users in certain region. The users are taking precaution of contact with others by minimizing travels and interaction to have orders and takeouts more.
Although, most of the Chinese tech firms such as Weibo and WeChat are the ones that should be mentioned along with Alibaba. The representation of global tech firms are the easier way to make the explaining thoroughly. The Chinese stock market has seen a massive drop in the first two weeks as the lockdown and contagious was spreading.
It impacted other region such as East Asia being the neighbors along with most destination travels from that region. Therefore, the global economy on tech production and traffic fluctuated and seen a difference what would be without and with the tech firms during crisis times.
It certainly has helped us to get through this crisis mode with various generations at home and leaving us with our pets to wonder when they can go out as well. The spread was rapid and fast due to the population China holds and the transportation methods they take.
If the tech firms saw this as the scary notion to their growth, they should consider a solution for the next crisis outbreak to plan out better since Ebola and SAR weren’t as rapid outbreak as Coronavirus. The growth of tech firms goes with finding crisis solutions and the companies named should find methods to contain certain diseases before lockdowns become necessary.