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Covid-19 crisis will accelerate firms' automation plans: Report

China city Mumbai covid-19 pandemic crisis
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Mumbai: Firms will invest more in cognitive capabilities and artificial intelligence, industrial robots, service robots, and robotic process automation (RPA) as businesses recover post covid-19, according to a research by Forrester.

The pandemic has made automation a boardroom imperative as CEOs expand business continuity plans and take new risks. Early stages of the outbreak created supply shock as China accounted for 24% of the world’s industrial value.

Moreover, 22% of all global imports from China were of intermediate products, as opposed to finished goods. This placed enormous stress on global supply chains.

As the world emerges from the grip of the pandemic, business leaders in sectors, including manufacturing and retail, will look

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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