An Overview of Covid-19 and Its Impact on It Industry

Published in Journal

Anusandhan (RNTUJ-AN) [RNTUJ-AN] (Vol:17/ Issue: 26) DOI: [NA]
Authors: R.Malathi Ravindran
Subjects: Technology & Management

Year: Sep, 2020
Volume: 17 / Issue: 26
Pages: 2297-2299
Publisher: RNTU
Source:
ISSN: 2278-4187
E-ISSN: 2457-0656
DOI: NA
Published URL:
Published On: Sep, 2020

Article Details

An Overview of Covid-19 and Its Impact on It Industry | Original Article

R.Malathi Ravindran in Anusandhan (RNTUJ-AN) | Multidisciplinary Academic Research

ABSTRACT:

Coronovirus or COVID-19 is a family of viruses that causes a range of innocence in human including the common cough, cold and more severe forms like SARS and MERS which are life threatening. With the increase of COVID-19 cases and death rate worldwide, the WHO declared the virus outbreak a pandemic in the second week of March 2020. The Coronovirus outbreak and the subsequent country wide lockdown deeply impacted the Indian Economy. Majority of the companies are expecting a significant loss of revenue and jobs. The most severely impacted sectors are aviation, automotive and sea food etc. At the same time, many pharma companies are benefited due to huge demand for paracetomal and alike medicine. These companies gained priority due to the pandemic. This pandemic has made the people realize the importance of life and medical insurance. A lot of apps have been built in the past few months to help the people.