The Coronavirus pandemic and subsequent economic downturn caused uncertainty throughout the business world. Even thriving business sectors, such as FinTech, suffered a few notable impacts. Still, certain transformational changes, like embracing the work from home staffing model, brought a surprising boost in productivity.
With the New Year now here, it warrants an analysis of the technology industry in Boston and New England. Obviously, the region still feels the effects of the Coronavirus pandemic, which caused a significant impact on the local IT market. Still, with COVID-19 expected to wane throughout 2021, the forecast for the local tech scene looks promising.
2020 is seeing a massive transformation of the global business world. The Coronavirus pandemic obviously played its part, as companies quickly moved to allow their employees to work from home. In the wake of this diaspora, many firms enjoyed increased productivity while saving money on their real estate bill.
A competitive and changing business landscape requires companies to employ a talented managerial team. Technology managers must possess a mix of technical, business, and soft skills to lead teams effectively. Read more
Even with the Coronavirus pandemic ravaging the world, the technology industry stayed surprisingly resilient. Either way, 2021 is poised for a significant rebound, as the economy is expected to continue its current recovery. Read more