The COVID-19 pandemic causes prolonged recessions to economies worldwide. Many national economic development drivers halted because most industries shut down while others scaled-down their operations, reducing the pace of a country’s financial prowess. However, during the global pandemic, sectors that focus on digital solutions for the consumer market continue to advance and expand their operations. Countries imposed social-distancing measures that limit the number of people who can meet at a particle place for a specific time. Many companies and businesses that relied on person-to-person interactions closed down most of their outlets.
Even multi-billion-dollar corporations decided to adopt new ways of maintaining their operations to cushion their ventures from the devastating impacts of coronavirus. The most commonly used platforms for meetings include Zoom Meetings, Google Meet, Skype, etc. The channels help executives conduct board meetings in the comfort of their homes. Companies can maximize on managing working hours by eliminating the wastage of time and frustrations that reduce productivity. All these web-conferencing platforms require high-speed internet connections.
The coronavirus continues to increase the reliance on virtual activities to facilitate business development amidst the uncertainties of operations. There is a need for ultra-high-speed internet connections; the solution is the revolutionary satellite internet communication network. Many first-time users of the satellite internet access comment that the reliability and downlink and uplink speeds are phenomenal. However, several people residing in overpopulated city centres receive limited broadband network performances. The COVID-19 pandemic increased the urgency for everyone to maintain communications, although the internet access networks are not affordable for many people.
Many space cooperations like Elon Musk’s SpaceX, through its Starlink broadband satellite program, to provide Earth with high-speed internet access. SpaceX plans to achieve its vision for internet connectivity by deploying massive constellations of broadband internet satellites. In March 2020, Elon Musk stated their brand-new details on the plan to construct SpaceX’s Starlink satellite internet services. Elon said that the cluster of Starlink satellites in Earth’s lower orbit provide ultra-high-speed internet services. Revolutionary technology enables the utilization of beaming of the internet.
Other technological developments in existing digital solutions include fibre connection, cable, 5G networks for mobile phones. The companies plan to enhance the effectiveness of satellite transmission. The opportunities unlocked by digital solutions give a clear divide between the United States and other countries. The pandemic prompted the high market demand for reliable, better performance, and fast internet progress.
In summary, many companies and businesses worldwide plan to continue using webcasting platforms even after the end of the coronavirus season. The technological advancements indicate humanity’s resilience, the ability to innovate solutions to challenges humankind faces. The ever-growing demand for fast internet access increases business opportunities for companies offering digital solutions.