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Show allDigital Transformation and Sustainability: A Post-COVID Impact Analysis of Global Businesses
Abstract
This paper outlines the impact the Covid-19 crisis currently on our economy and how digital transformation can help us get through it. The paper covers 3 main topics: global businesses, Digital Transformation and Sustainability. In the global business section, the Covid-19 impact on the economy is explained, with reasons why it has brought the economy to a literal standstill when compared to other crises. The second section shows how digital transformation, shines a bright light during suchunpleasant times on how we have been thrust into a situation that will force us to modernize and improve technology in order to stay efficient and connected remotely. It covers the aspects of cost cutting, business intelligence and improved transparency. The third section of this paper is regarding sustainability and how these technologies help create a more sustainable future. As mentioned with the solutions above, due to lower wastage generated, we may end up in a world with less pollution, better public health and possibly, greater income equity, leading the improvement towards the United Nations Sustainable Development Goals (SDGs).
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