With the effects of the global COVID-19 pandemic, many tech companies took a downfall in business. Whilst some business’ clenched onto the survival of their company, others strived for success.
With better preparation, numerous technology companies have been able to deliver a positive response to the shift in the economy. If you are lucky enough to work for a remote company then you have hopefully remained in a safe position in terms of workplace. Meanwhile there has unfortunately been a significant number of businesses have seen major job cuts, due to the lack of business income. COVID has pushed many businesses to crash, however it seems to be consolidating the power of certain tech companies as they receive an overload in success.
This article will highlight both big and small companies that have hit a tech-win during the pandemic.
Cloud-based video conferencing service Zoom allows you to virtually speak with others through both video and audio, including the use of live chats, screen sharing and the option to record sessions that you can view later.
During the pandemic, Zoom has become one of the leading video conferencing software apps. It is the recommended app to use to stay in touch with friends, family and colleagues. As millions of individuals have been forced to work and socialise more remotely, the firm’s software jumped 30-fold in April. Zoom jumped from 10 million users in December 2019, to more than 300 million daily participants by April 2020. It seems that Zoom’s success will always be associated with the global pandemic and its positive response to the new measures that took pace.
Chat and call-based platform Microsoft Teams responded to the COVID-19 pandemic tremendously, as the app became a big feature for a lot of business to continue to work remotely. The app offers a software for its users to participate in virtual meetings, document sharing and more useful features. At Searchability, Microsoft Teams has been our go-to resource for our remote working in the same way it has supported many businesses to continue as normal. Back in March, Microsoft Teams hit 44 million users, which was a jump of 40% in a week. Following through to April, Microsoft seen another massive increase as its account of daily users jumped another 70%. The CEO of the business revealed that the usage of the app increased to more than 75 million daily active users. In and out of local lockdowns, Microsoft teams will be the perfect tool for most businesses to continue with their business as normal.
Amazon has played an essential role during the pandemic, like any other retailer, it has continued to provide supplies for our everyday needs. Even though the brand was placed in a good position for business, the demand of essential products was extremely high, which caused a huge strain on the business and its employees. Their job was to respond to this quickly by prioritising essential items and take on board more employers.
Records show that Amazon in both North America and Europe have beaten both Prime Day 2019 and Cyber Week 2019. Back in July, Amazon doubled quarterly profits and their revenue has boosted up to a whopping 40%. The result of the success has pushed them to hire extra employees, raise wages and implement a safe working environment for everyone. Employees are also receiving special thank you bonuses which is always a plus! Amazon are prepared with anything that hits them, they have the software and products to keep a firm business running, even if we are going through a global crisis.
Tone & Sculpt
As the pandemic forced society to adapt to life indoors, this also meant that going to the gym was no more. Thankfully the internet meant that we could continue with our fitness virtually. There are thousands of resources to help you keep fit, whether it is a virtual live class, audio guided workouts or a YouTube video to follow. Fitness entrepreneur Krissy Cela quickly hit a gap in the market by launching her own app-based workout and nutrition guide in January 2019. During the Pandemic, Krissy’s app seen a “growth of 88% in downloads during April compared to last year” as people were forced to stay home. Her app has continued to grow as we fluctuate between local lockdowns and the inability to go the gym as normal.
Stitch and Story
Stitch and Story is an online crafts firm founded in 2012 by millennial Jennifer Lam and her partner Jen Hoang. The business sells materials and provides tutorials for people who want to learn how to knit. This was one of the smaller companies that managed to hit a peak as the result of lockdown. The business seen a huge growth as more people were looking for new motives to keep them busy in their homes. With the interest soaring, the pair saw an 800% increase in March alone, compared to last year. This is just one of many small businesses that have seen a huge turnover.
These companies are just to name a few, a lot of online businesses have also hit a tech win during the pandemic. The advantage of technology has allowed them to respond positively to their consumers as they offer the right products that can be used effectively in our homes.