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.
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
The Coronavirus pandemic and subsequent quarantine continue to disrupt and transform the technology job market. More IT companies now allow their employees to work from home on a full time basis. Tracking how telecommuting influences these organizations’ overall productivity is going to be a worthy exercise over the next year or two. Read more
The Coronavirus pandemic continues to play havoc with the job market, as unemployment rates are expected to reach historical heights. Thankfully, the technology industry generally stays immune to economic downturns, but some companies are curtailing their staffing efforts in the wake of COVID-19. Read more
As the FinTech world continues to explode, the need for talented technology professionals experienced in finance is growing. Read more