社区

2nd year into the pandemic would have brought stability into work from home arrangements and the necessary investments from business would have being made. for businesses that see greater value in fact to face meetings with their customers and partners, it would imply a drop in the demand for virtual meetings. some business activities need to be conducted in person like audits, stocktakes, viewing of the facilities, the equipment and materials for projects and installations. only so much can be achieved virtually. it was a necessary workaround due to the pandemic. with economy leaving the pandemic into an endemic phase, a drop would be expected. but there are also companies who saw both effectiveness and efficiency from zoom and will continue to work through a hybrid of virtual and in person meetings - achieving costs savings and productivity as a result. while it is not all bad news, it is likely that the economy will move to a hybrid of in person & virtual meetings compared to mostly virtual meetings. let us continue to monitor. the earnings of the coming quarters will affirm the trend.