Historically, the enterprise software industry has proved relatively resilient to macroeconomic shocks and cycles, and is expected to weather the COVID-19 storm better than most industries.
The pandemic is accelerating software adoption in certain market segments, for example the increased demand for virtual collaboration tools and the growth in e-commerce since the lockdown began.
Our experts discuss the need for software leaders to consider the risks and opportunities that COVID-19 presents, and will continue to present, and how to navigate and address these in the coming years.
“Software is likely to be among the first industries to recover from the COVID-19 crisis. Certain segments will even benefit from accelerated adoption of digital solutions by businesses to enable flexible working, social distancing and automation.”
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