The outbreak of Coronavirus is both a challenge as well as an opportunity for companies to relook into their business and operating models, said an industry expert.

At the end of the day, Jyoti Lalchandani, Vice-President and Regional Managing Director for research firm International Data Corporation (IDC), told TechRadar Middle East that both revenues and profits are going to be impacted as demand is going to drop and will force organisations to take a hit in the short term in some of the sectors such as retail, hospitality, transportation, etc.



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