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Digital transformation entails considering how products, processes and organizations can be changed through the use of new digital technologies. [14] [15] A 2019 review proposes a definition of digital transformation as "a process that aims to improve an entity by triggering significant changes to its properties through combinations of ...
Evidently, Teladoc's stock valuation in 2020 increased year to date by 168%, while the industry's second-largest company, Amwell, went public on September 17, 2020. Collectively, the top 60 virtual health companies experienced a substantial increase in total revenue, increasing from $3 billion in 2019–2020 to $5.5 billion in 2020–2021.
The COVID-19 pandemic presents an opportunity to shape an economic recovery and the future direction of global relations, economies and priorities. [26] In June 2020, Klaus Schwab, who founded the World Economic Forum (WEF) in 1971 and is currently its CEO, described the three core components of the Great Reset. [4]
By late November 2019, coronavirus disease 2019 had broken out in Wuhan, China. [2]As reported in Clinical Infectious Diseases on November 30, 2020, 7,389 blood samples collected between December 13, 2019, and January 17, 2020, by the American Red Cross from normal donors in nine states (California, Connecticut, Iowa, Massachusetts, Michigan, Oregon, Rhode Island, Washington and Wisconsin ...
Due to the COVID-19 pandemic, Congress and President Trump enacted the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 18, 2020. The Congressional Budget Office estimated that the budget deficit for fiscal year 2020 would increase to $3.3 trillion or 16% GDP, more than triple that of 2019 and the largest ...
In the COVID-19 pandemic, the digital divide has been exacerbated since workplaces, schools, telehealth, and more have transitioned online. A pulse survey in November 2020 reported that for almost 80 percent of 2000 respondents aged 18+ in the US and UK internet has become more important in their lives as a result of the pandemic. [61]
A study of people's internet and social media engagement from July 2019 to 2020 indicated a 10.5% increase in active social media users. [28] Instagram reported a 70% surge in viewership of live videos from February to March when lockdown measures began. [29]
Total US book sales went down by 8.4% in March 2020 compared to March 2019 after the stay-at-home orders were implemented, [161] with bookstore sales dropping by an estimated 33%. [162] By June 2020, demand began to recover with the exception of educational material and bookstore sales, with most sales going to Amazon and big-box stores , who ...