{"id":125167,"date":"2020-12-02T21:08:14","date_gmt":"2020-12-02T18:08:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/tech-trends-accelerated-by-covid-19-pandemic-likely-here-to-stay\/"},"modified":"2020-12-02T21:08:14","modified_gmt":"2020-12-02T18:08:14","slug":"tech-trends-accelerated-by-covid-19-pandemic-likely-here-to-stay","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/tech-trends-accelerated-by-covid-19-pandemic-likely-here-to-stay\/","title":{"rendered":"#Tech trends accelerated by COVID-19 pandemic likely here to stay"},"content":{"rendered":"

“#Tech trends accelerated by COVID-19 pandemic likely here to stay<\/strong>”<\/p>\n

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COVID-19 has accelerated technology<\/a> trends around things like e-commerce and remote work that likely will continue even after the pandemic subsides.<\/p>\n

A report by financial services firm UBS Global Wealth Management\u2014Tech Trends after COVID-19: The Future of the Tech Economy\u2014contends that the pandemic has made more people rely on, and become comfortable with, doing things digitally over the Internet.<\/p>\n

That means a shift to a digital way of doing things that was already under way prior to the pandemic is expected to gain even more momentum going forward.<\/p>\n

“When we think about a virtual world, I don’t think that is going to change,” said Kevin Dennean, a tech equity strategist at UBS who contributed to the report. “I think some of this is a permanent fix. When we think about distributed workforces, that may be a structural change.”<\/p>\n

Small- and medium-sized businesses\u2014only 20% of which were considered to have an adequate digital presence before COVID\u2014likely will continue to establish online foundations for their businesses, according to the report.<\/p>\n

“Even if we are getting better news<\/a> on the vaccine front and a more optimistic view of 2021, I think the adoption rates for e-commerce aren’t going to change that much,” said Dennean. “What the pandemic did was it brought into the e-commerce fold people who weren’t e-commerce shoppers before. Some of that is going to stay.”<\/p>\n

UBS’s Tech Trends report targets investors. Already, technology firms, especially the giant brands such as Amazon, Google, Facebook<\/a>, App<\/a>le and Microsoft, are driving the stock market’s heady gains since March lockdowns.<\/p>\n

Dennean declined to talk about specific companies. But he did point to technologies that UBS believes will drive and benefit from the expansion of digital business models.<\/p>\n

They include e-commerce, 5G, artificial intelligence, cloud computing, cybersecurity, 3D printing and drones, among others.<\/p>\n

Longer term, promising “moonshot” technologies include quantum computing, neural interfaces, solid-state batteries and fuel cells, according to the report.<\/p>\n

These trends could spill over into other economic sectors, according to the report. E-commerce, for example, boosts demand for warehouses, which could spark an uptick in automation technologies used to ship products.<\/p>\n

San Diego is well-positioned to benefit from these trends, said Alex Howell, senior vice president and financial adviser at UBS locally.<\/p>\n

“San Diego is a top 10 market for venture capital\u2014a lot of people don’t realize that,” he said. “There is money flowing here. There is an incredible talent pool. It is a very educated city with a great university system.<\/p>\n

“So we have seen and heard from a lot of people moving from areas like San Francisco because the find it a more affordable place to live, a more enjoyable place to live and for their business, an attractive place to recruit talent,” he said.\n <\/p>\n\n

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Amazon to expand tech hubs, corporate offices, adding 3,500 jobs\n <\/p><\/div>\n

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\n \u00a92020 The San Diego Union-Tribune
Distributed by Tribune Content Agency, LLC<\/p>\n

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\n Tech trends accelerated by COVID-19 pandemic likely here to stay (2020, December 2)
\n retrieved 3 December 2020
\n from https:\/\/techxplore.com\/news\/2020-12-tech-trends-covid-pandemic.html<\/p>\n

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