Earlier this summer, there was a New York Times story about the challenges healthcare officials face, including a memorable anecdote about how a fax machine spilled hundreds of pages of faxed Covid-19 test results all over the floor of a Texas public health department office. It effectively illustrated a critical larger point: Healthcare providers are drowning in paper.
In the wake of the economic downturn brought on by the Covid-19 pandemic, investments in digital business transformation have accelerated. The applications that drive those processes are not only highly distributed, they also operate at a level of scale that no IT team can manage using legacy approaches to managing IT. It can take weeks to discover the root cause of any issue.
The SARS-CoV-2 coronavirus pandemic has left a significant footprint on the global economy. For this reason, it had a substantial impact on the behavior of all financial instruments, including cryptocurrencies. It turns out that the fluctuations experienced by the virtual currency market during this period reflect changes in other capital and commodity markets. This market has also shown relative stability during this difficult time. It is another proof that cryptocurrencies can be treated as a mature and full-fledged financial instrument.
The ongoing global pandemic has created an urgent need for rapid tests that can diagnose the presence of the SARS-CoV-2 virus, the pathogen that causes COVID-19, and distinguish it from other respiratory viruses. Now, researchers from Japan have demonstrated a new system for single-virion identification of common respiratory pathogens using a machine learning algorithm trained on changes in current across silicon nanopores. This work may lead to fast and accurate screening tests for diseases like COVID-19 and influenza.
There is no better example of evolution than what we have seen in the financial world. From traditional in-person banking to internet banking which eventually moved from your desktop to the comforts of your palms through mobile banking. The strides that technology has taken have further changed the way we bank today introducing us to digital banking.
The Internet of Things (IoT) is one of the most prominent tech trends to have emerged in recent years. In simple terms, it refers to the fact that while the word “internet” initially referred to the wide-scale networking of computers, today, devices of every size and shape – from cars to kitchen appliances to industrial machinery – are connected and sharing information digitally, on a global scale.
While many companies were reportedly undergoing some form of digital transformation before COVID-19, it seems they were not far enough along their journey to respond effectively. At the outset of the pandemic, companies scrambled to look for IT equipment such as laptops and IT services like Zoom to get a grip of the new digital reality that came overnight. As the crisis unfolded, it became increasingly clear that those companies lacking a robust digital backbone or the ability to conduct their business online were struggling.
Over the past few months, Covid-19 has been credited as the driving force leading digital transformation for many companies. Organizations that were not already pursuing digital innovation have been thrust into the digital arena and forced to make rapid changes. Regardless of what their strategy looked like coming into 2020, today’s leaders are managing an accelerated pace of change as everyone seeks to serve customers in new ways.
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