COVID-19 from response to recovery, then reset is one of the three point plans most of the country is following right now in the various variations of implementation details of it. While the new variant keeps evolving from Delta to C.1.2 and maybe more will be coming, human kind from the last at least 18 months already have the experience of dealing with it with the new co-exist approach to live with it, almost all countries now follow.
As such, while the COVID-19 continues to be reported, most of the country is already in the process of implementing various recovery activities and aim to reset it eventually. As the current trend goes, we can expect most of the sector will have the social distance practice, mask all the time, and change in the human existing outgoing and shopping experience, from physical to online. Travel and tourism in the various initiatives with the attempt to attract more domestic and oversea tourists, so the local economy can recover.
The vaccinations, from the current 2 vaccines, maybe will double up to 4 due to boost the immune system against the COVID-19 infections, where it is already undergoing in some proactive countries, as 2 vaccines after a period of time, will decrease in the effectiveness. As the global finally understood, coexistence is the only way, since total elimination of it is not practical and impossible. We expect the whole world is moving forward regardless of how many people continue to cause death, what matters is to minimize the figure without the expense for the country’s economic recovery and reset initiative.
Most of the business sectors whether Business-to-Business (B2B) or Business-to-Consumer (B2C) are in the various rates of digital transformation (DT) and adoption of technology to allow the enterprise adapting to the change in the market behavior. For those that can not adapt, already exist the market, sold or take over by those who have better strategy and capable to execute much better response to COVID-19 response. What we can see is diversification and span across multiple different domains of business, under one strong group brand identity will continue, as most of the enterprise is attempting to diversify into multiple businesses with the help of the technology, from website to mobile app. We expect this market move will eventually result in the intensive market competition, as those existing niche players will require to compete with cross over competitors used to be collaborative partners.
It is in the generation of collaboration and competition, who can come up with the win – win synergy business strategy, so everyone can win in the market. It remains one of the business strategy areas where top business leaders must be able to address, so everyone can win in the ecosystem. If airlines enter into logistics, share ride, food delivery, online shopping mall, financing, hotel and travel package booking, how can it address the ecosystem, will be something we expect to see in the coming next normal era. In the end of the day, what matters most is the buyer, who can provide better value, more easy to do business, and you can respond to them faster than your competitors offer, remain one the areas we expect for everyone who cross the sector how they can deliver it better than those who are in those business.
E-SPIN Group in the enterprise ICT solution supply, consultancy, project management, training and maintenance for the enterprise and government customers across the region E-SPIN do business. Feel free to contact E-SPIN for your project requirements and inquiry.