After two years of COVID-19 pandemic, a lot of countries are facing inflation, but it is further accelerated by the Russian and Ukraine conflict. If this conflict can not be resolved in a mutual manner, digital cold war alone beside economic sanction will have a huge impact on Russia and Eastern Europe under the Russian influence.
Like in separate dedicate post earlier, the digital cold war may has strong impact Russia may not be want, from digital economy sanction and ban access to world ecosystem, lot of Russia origin multinational corporations will be first group of victims, follow with rest of workforce who do business with the global market.
Rise in global inflation, will trigger a series of chain reactions, from the cost perspective, which will trigger a range of the cost containment, from downsizing, relocating business and impact related value chain and ecosystem with those related businesses.
Lot of industry analysts already predict 2022 to be the year for the global depression, where you can observe from the big corporations that collapsed after two years of COVID-19 pandemic, accelerating the impact of the mis-managed or over expansion before COVID-19 pandemic. Series of acquisition and takeover happens here and there, where the stronger one targets the smaller one for acquisition.
As the whole world is transitioning toward the fourth industrial revolution (4IR) industry 4.0, new and emerging technologies that are known as disruptive innovations are accelerating their growth, we may notice in a lot of product categories. New generation of disruptive innovations deliver core value faster, better in the seamless integration, automation and delivery manner, where the past generation of product may not be complete.
Are you getting ready for the hyperinflation accelerated next normal?
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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