China currently is under campaign for the zero-COVID strategy where most major cities practise isolated and lockdowns. China has been one of the major supporters for the zero-COVID strategy.
The rest of the world is adapting a more flexible and reasonable approach, once the majority of the population get their vaccination, to soft-land the hard impact of the economy. With a lot of multinational corporations relocating their top senior officers out from Hong Kong due to zero-COVID strategy, and most of the world is accepting for co-exist, in particular in view that the Omicron variant is not the same like Delta variant in the past.
Despite ongoing work from home allow, but also trigger the global great resignation phenomena. Lot of sectors and industries is under the pressure for optimize enterprise resources, some is adapt for the cloud, seamless automation, digital workspace, AI chatbot, robotic process automation (RPA), real time chat and web live meeting, eliminate lot of areas in the past required semi and white collar workers manual in handle. For the factory end, smart factories eliminate more manual worker work that allow flexible manufacturing of small advance or complex order on demand, based on the sales, stock and order to adjust the manufacturing products for small quantities of variety of products.
As the trend goes, co-exist will be the only COVID-19 pandemic strategy response and those who practise zero-COVID strategy by the market and economic pressure, will adapt to it, it matters for how long the economy of the said country can sustain the economic impact. Not to mention the current Russia-Ukraine conflict, and the economic sanctions accelerate the economic pressure.
On the technology end, we have more and more emerging technologies rolling out. Besides AI, big data, IoT, EV, chatbot, we have the low-code and no code. AI demonstrates they can write human code, which will revolutionise the world, as the role of programmer needs to be redefined.
With more and more low code/no-code tools tapping cloud computing and making their offering , business enterprises can automate the ordinary, and free the knowledge worker to perform extraordinary work. Ads per Forrester predicts that low-code/no-code platforms will account for nearly 75% of new application development by the end of 2021. We expect the figure to keep rising, as it lets business enterprise finally shift the control of how business application development, in the hands of those who run and operate the business.
E-SPIN Group in the enterprise ICT solution supply, consultancy, project management, training and maintenance for corporation and government agencies did business across the region and via the channel. Feel free to contact E-SPIN for your project requirement and inquiry.
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