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Capitalization requirements enforced after 2007 will help most banks get through the COVID-19 crisis. But they will not be unscathed. In this turbulent and unpredictable market, banks must focus on markets where they are best in class and retreat from markets where their business, technology or people are not competitive.
When students and teachers return to school, the technological leaps they’ve made will return with them. After the lockdowns, we could see artificial intelligence helping students learn faster; physical schools having to prove their worth; and teachers who once said, “Being a YouTuber isn’t a real job,” becoming YouTube stars themselves.
The COVID-19 pandemic has deeply impacted manufacturers globally, from demand declines and supply disruption to employee health and safety risks. But it has also thrown light on key areas of digitization, automation, employee welfare and commercial models that can be built upon to create more resilient manufacturing systems in future.
The current crisis is severely testing the health care ecosystem. The pandemic has emphasized a need for increased patient focus to help build a more resilient supply chain. It also underlines the need for healthcare organizations to scale up on the adoption of digital technologies to help manage customer experience effectively.
Aracoms supports professional services organizations by designing and implementing solutions for the smooth delivery of audit, tax, and legal services while leveraging new and emerging technologies. Where retail is only as strong as its weakest link. You need to be resilient in the face of disruption. Serve shoppers at the moment of truth and curate a bespoke experience. A digital ecosystem aligns demand with supply and delivers an omni-channel experience. Navigate the new normal with aracoms and become more resilient.
