'NECESSITY is the mother of invention,' at least according to Plato, but I concur. As someone who grew and has championed digitalization, e-commerce and internet technologies in the Philippines for 24 years, I was amazed at how the Covid-19 pandemic sped up the country's digital transformation.
'NECESSITY is the mother of invention,' at least according to Plato, but I concur. As someone who grew and has championed digitalization, e-commerce and internet technologies in the Philippines for 24 years, I was amazed at how the Covid-19 pandemic sped up the country's digital transformation.This period triggered a technological quickening and awakening that led corporations, economies and small businesses to go digital in a quest for survival.
Some countries, like the US, the UK, Canada, Australia and Singapore, were better adapted to the disruption a global pandemic would bring because they made digital a key component of businesses years ago. On the home front, banking and finance, wholesale and retail trade, and real estate led the digital movement. Of the three, banking and finance was — and still is — the most aggressive.
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