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IT, ITES work from home set to spearhead new corporate business models

India experts pandemic innovations
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India's IT and ITES sector spearheading the work from home (WFH) model are set to usher in a radical restructuring of business models that will transform everything from collapsing management hierarchies, expenses on commercial real estate to hiring of top talent.

Around 90% of IT employees and 70-80% of Business Process Outsourcing (BPO) firms as well as small and medium business firms including e-commerce have moved to work from home and that is unlikely to change much even after the lockdown is lifted.

Amid fears that the covid pandemic may persist and social distancing likely to stay, the paradigm being set by the sector could well be the new norm for most industries.

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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
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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