• Latest
  • Trending
  • All
Downstream effects of COVID-19 on technology — GCN

Downstream effects of COVID-19 on technology — GCN

March 20, 2020
Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

April 23, 2024
Top 5 Spend Analysis Software ranked in 2024

Top 5 Spend Analysis Software ranked in 2024

March 1, 2024
How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

January 19, 2024
LATAM Cargo strengthens European cargo links

LATAM Cargo strengthens European cargo links

April 14, 2020
Ford making reusable hospital gowns from airbag materials as efforts against coronavirus expand

Ford making reusable hospital gowns from airbag materials as efforts against coronavirus expand

April 14, 2020
Don’t Sweat NBC’s Decision to Cut Back on Television Ad Inventory

Don’t Sweat NBC’s Decision to Cut Back on Television Ad Inventory

April 14, 2020
Software firms sharpen focus on AI, big data as IT spending drops

Software firms sharpen focus on AI, big data as IT spending drops

April 14, 2020
Navigating turbulent times in your supply chain (TL:DR version)

Navigating turbulent times in your supply chain (TL:DR version)

April 14, 2020
Last Mile Delivery by Drones Market is Booming Worldwide

Last Mile Delivery by Drones Market is Booming Worldwide

April 14, 2020
AIR CARGO MARKET SIZE, SHARE, DEMAND, TREND, LATEST INNOVATIONS & APPLICATION ANALYSIS AND INDUSTRY GROWTH FORECAST 2027 – Science In Me

AIR CARGO MARKET SIZE, SHARE, DEMAND, TREND, LATEST INNOVATIONS & APPLICATION ANALYSIS AND INDUSTRY GROWTH FORECAST 2027 – Science In Me

April 14, 2020
Wheat procurement in Patiala: 6,500 coupons issued to farmers – cities

Wheat procurement in Patiala: 6,500 coupons issued to farmers – cities

April 14, 2020
Pandemic, Plastics And The Continuing Quest For Sustainability

Pandemic, Plastics And The Continuing Quest For Sustainability

April 14, 2020
  • Supply Chain
  • Logistics
  • Warehousing
  • Procurement
  • Shipping
  • More
    • Strategic Sourcing
    • Spend Analysis
    • Inventory
    • Contact Us
No Result
View All Result
United States International Supply Chain Commission
United States International Supply Chain Commission
Home Procurement

Downstream effects of COVID-19 on technology — GCN

by usiscc
March 20, 2020
in Procurement
0
Downstream effects of COVID-19 on technology — GCN
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

global future (Peshkova/Shutterstock.com)

Tech called up ‘in the war against the unexpected’

  • By Stephanie Kanowitz
  • Mar 19, 2020

With much attention understandably focused on health care related to the outbreak of the novel coronavirus known as COVID-19, a new report has spotlighted the downstream effects the outbreak could have on various technologies.

“Taking Stock of COVID-19,” by ABI Research, examined how societal changes brought about in response to Covid-19 are likely to play out as the health threat eases.

For instance, as people fled indoors to avoid contracting and spreading the virus, they went online to communicate, shop, work and take classes. So far, the internet has performed well, with no network blackouts or outages, but that may not be sustainable, according to the report.

“Further spread of the virus may limit the upgrade of these networks either because of equipment shortages or restrictions taken by mobile operators to limit the mobility of staff to prevent further spread of the virus,” it stated.

In the long term, the experience of shifting life online holds promise for consumers and enterprises alike as people turn to online shopping, e-banking, remote education, telehealth and mobile entertainment while enterprises rely more on videoconferencing and online training. Technologies that are likely to get a boost as a result include 5G, artificial intelligence, machine learning (ML), augmented and virtual reality, location technologies, cloud and entertainment localization, and robotics, the report said.

But even as 5G’s demand grows, the ability to provide it could slow. That’s because the supply chain, especially for vendors that rely on Chinese manufacturers, is already seeing a ripple effect as a result of COVID-19. What’s more, 5G standards will be delayed because conferences such as the 3rd Generation Partnership Project can’t meet.

The slowdown won’t last, however. “The effects of the virus will likely accelerate the current trend to make 5G supply chains more robust and less reliant on a very small set of very large infrastructure vendors,” the report stated, and “potential supply chain shortages for 5G equipment will reaffirm the strategy of the U.S. government to create a more open market, which will go well beyond the U.S. market in the long term.”

One movement that’s afoot is a push for domestic products. An executive order in the works would create “Buy American” regulations for masks and medical supplies, for instance, according to the report.

Here’s a look at some of the other markets the report looked at:

Biometrics. In general, biometric AI and ML algorithms are working in overdrive to help governments protect their networks and data as more workers connect remotely, but biometrics such as fingerprint recognition that rely on physical contact pose a health risk. And that shift away from contact-only applications is likely to continue in the long term, the report added, which means governments must consider other options, such as facial and iris recognition. That will generate its own slew of challenges “because a great deal of law enforcement, Automated Fingerprint Identification Systems (AFIS)/Biometric Identification Systems (BIS), border control, visa and immigrations applications are also based on fingerprint identification,” the report stated.

Drones and robotics. Companies that manufacture drones that can disinfect hospitals and robots that can deliver supplies and food to patients are likely to see demand surge, the report stated. It predicted that the automated material-handling market in health care will reach $4.2 billion in 2030, up from $178 million in 2019, representing a big opportunity for aerospace and drone companies to increase sales to government agencies. Drones used for inspection, monitoring and detection will get a short-term boost from the pandemic as well as those deployed to enforce curfews or monitor secure facilities with the  small drone delivery market to reach $10.4 billion by 2030.

Utilities. Global quarantines are putting a strain on energy and water demand and on utilities’ ability to perform ongoing maintenance. In the short term, utilities must monitor changes in usage and redirect supply where necessary, the report stated, while in the long term, they should strategically invest in internet-of-things technologies to help monitor usage. “Cloud-based IoT platform vendors will need to proactively work with utility service providers to integrate [enterprise resource planning] systems and field service management platforms with real-time cloud databases, such as regional government databases that closely track the Covid-19 outbreak,” according to the report. “This real-time information would allow utilities to identify high-risk affected areas and find alternative routes or work orders for field crews.”

Big data. The data-driven responses to the virus will encourage the modernization of IT systems to improve the detection, tracking, and analysis in times of outbreaks and will depend on IoT data, the report stated. Initially, data will come from smartphone-based apps that pinpoint infections to limit community spread and expand to remote monitoring and smart inventory systems that track people and medical supplies.

 Data protection. Governments and biometrics vendors are responsible for creating citizen-centric solutions and putting the proper security measures in place to prevent the concentration of personally identifiable information and citizens’ biometric, health-care and personal data “in the hands of a few entities with no visibility, no legislative barriers, no surveillance limitations, and no biometric revocation options for the foreseeable future,” the report stated.

“The good news is that technology will be a critical tool in the war against the unexpected,” the report concluded. “Leveraging robotics for the delivery of goods and transportation of people, tapping into the sharing economy to liberate additional capacity for housing, mobility, and freight during emergencies, building automated and flexible production lines and supply chains allowing scalability and regional independence, and massively deploying online and remote capabilities for education, healthcare, meetings, and entertainment will go a long way to being better prepared for disasters.”

About the Author



Stephanie Kanowitz is a freelance writer based in northern Virginia.



Share197Tweet123
usiscc

usiscc

  • Trending
  • Comments
  • Latest
Escape From Tarkov – How to Rotate Items

Escape From Tarkov – How to Rotate Items

February 5, 2020
Supply chain examination: Planning for vulnerabilities you can’t control

Supply chain examination: Planning for vulnerabilities you can’t control

December 7, 2019
Procurement Project Manager job with Camden London Borough Council

Procurement Project Manager job with Camden London Borough Council

February 17, 2020
Art Battle Wichita Falls III at The Warehouse, 1401 Lamar.

Art Battle Wichita Falls III at The Warehouse, 1401 Lamar.

0
Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024 – ZMR News Reports

Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024 – ZMR News Reports

0
PHOTOS: Ottawa firefighters respond to warehouse fire

PHOTOS: Ottawa firefighters respond to warehouse fire

0
Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

April 23, 2024
Top 5 Spend Analysis Software ranked in 2024

Top 5 Spend Analysis Software ranked in 2024

March 1, 2024
How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

January 19, 2024
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • DMCA
  • Contact Us

Copyright © 2024 United States International Supply Chain Commission (usiscc.org)

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT
No Result
View All Result
  • Supply Chain
  • Logistics
  • Warehousing
  • Procurement
  • Shipping
  • More
    • Strategic Sourcing
    • Spend Analysis
    • Inventory
    • Contact Us

Copyright © 2024 United States International Supply Chain Commission (usiscc.org)