Skip to Content

Sponsored

Policy

Amid the covid-19 pandemic, shifting business priorities

Organizations are reshuffling projects and accelerating investments that were already underway, leaning heavily on technology to stay competitive.

In association withInference Solutions

Remember all those articles you read in January with headlines like “2020 trends to watch in your industry?” You tossed those predictions out long ago. But while everyone knows that the coronavirus pandemic changed everything, none of us is sure how.

This content was produced by Insights, the custom content arm of MIT Technology Review. It was not written by MIT Technology Review’s editorial staff.

Amid the covid-19 pandemic, shifting business priorities

As efforts to contain covid-19 crippled entire economies, put millions out of work, and forced office workers to clock in and out at home, every business—and every individual—has made changes. Some adjustments are or were short-term, such as commercial airlines offering cargo flights or even staid organizations permitting staff to work remotely. But it’s evident that deeper business transformations are underway. Organizations are reshuffling existing priorities and accelerating investments in technology to remain competitive while supporting the needs of their workforces.

To get insight into organizations’ plans and expectations, MIT Technology Review Insights surveyed 372 business leaders from its Global Panel executive group to learn about covid-19’s financial impact on organizations, its effect on their strategic decisions, and where management is investing company resources.

The financial impact is significant. Among respondents, 62% expect 2020 company revenue to decrease—a quarter of them by more than 25%. 

To survive, businesses must adapt, and to accomplish that, they are leaning heavily on technology. Nine out of 10 business executives agree that corporate technology adoption will increase in speed because of covid-19. In fact, 44% “strongly agree.” 

Download the full report.

Deep Dive

Policy

Three things to know about the White House’s executive order on AI

Experts say its emphasis on content labeling, watermarking, and transparency represents important steps forward.

Meta is giving researchers more access to Facebook and Instagram data

There’s still so much we don’t know about social media’s impact. But Meta president of global affairs Nick Clegg tells MIT Technology Review that he hopes new tools the company just released will start to change that.

Government technology is famously bad. It doesn’t have to be.

New York City is fixing the relationship between government and technology–and not in the ways you’d expect.

Stay connected

Illustration by Rose Wong

Get the latest updates from
MIT Technology Review

Discover special offers, top stories, upcoming events, and more.

Thank you for submitting your email!

Explore more newsletters

It looks like something went wrong.

We’re having trouble saving your preferences. Try refreshing this page and updating them one more time. If you continue to get this message, reach out to us at customer-service@technologyreview.com with a list of newsletters you’d like to receive.