Acceleration Of Digitalisation And The Role Of Fintech

The lockdown measures implemented during the Covid-19 crisis have provided an extended proof of concept for a remote living and working model. This has accelerated digitalisation, with some commentators predicting that, in the next 18 months, we may see digital transformation that would otherwise have taken five to seven years.

Rethinking the business model

To keep businesses going during lockdown, organisations have had to consider and adopt remote working rapidly and at huge scale. Some of these challenges will be ongoing post lockdown. Organisations with business models that have previously involved lots of people working in close proximity have been forced to move to a digital model.