Since its initial outbreak in China, the COVID-19 (a.k.a. coronavirus) has begun rapidly proliferating across the globe. Italy is on lockdown, Iran is teetering on the brink of crisis and the United States is bracing itself for a widespread and potentially devastating national outbreak. And this pandemic situation is spreading more than just sickness and death. It’s also disseminating a pervasive sense of panic that’s enough to send the global economy into a nosedive.
The impact this outbreak is having on businesses simply cannot be understated. Some organizations are being directly affected by things like mandatory quarantines and worldwide travel bans. Others are realizing the trickle-down effect that comes with things like international trade restrictions and disruptions to the global supply chain.
The unfortunate and downright bleak reality is that this health crisis isn’t going anywhere anytime soon. In the meantime, business leaders across just about every industry are facing difficult decisions about things like production and staffing. Talks of layoffs are undoubtedly on the table, ultimately impacting the livelihood of everyday workers and, subsequently, pushing the world further toward another recession.
The good news – if there can even be “good” news at a time like this – is that there is a solution that could potentially prevent business disruption and keep organizations (even those hit hard by the epidemic) afloat, despite the dire external circumstances. That solution is intelligent automation. Here are just a few ways:
- Workers on mandatory quarantine can continue to perform their daily duties from their home offices.
- Organizations in high-risk areas can improve their odds of avoiding exposure and also reduce further spread of the disease by voluntarily allowing employees to work from home.
- Companies that rely heavily on travel can utilize virtual technology to continue “business as usual,” slashing travel expenditure at the same time.
- IT teams can leverage intelligent automation to balance the workload so they can either operate on skeleton crews or manage their normal workload remotely.
- Advanced technologies, like machine learning, natural language processing and artificial intelligence can be employed to enable end-users (either on-site or working remotely) to self-serve a wide variety of their IT support needs, such as password resets and system restarts.
Is intelligent automation the be-all and end-all solution? Of course not. Some industries, such as travel and tourism, will undoubtedly feel the brunt of this pandemic outbreak. For most industries, however, the scenarios outlined above can help keep things operating on schedule, thereby limiting business disruption. Not only does this help organizations avert financial loss, but collectively, it could help to keep the economy more stable, preventing or at least minimizing the impact of a widespread downturn.
The best way to prepare for the coronavirus? Wash your hands. Avoid touching your face. And if you’re a business decision-maker, implement intelligent automation as soon as possible. Get started today with your free 30-day trial of Ayehu NG.