Companies are being urged to incorporate greater use of technology into their operations, if they are to survive the continuous measures to contain the spread of COVID-19. Earlier this month, Prime Minister Andrew Holness announced longer curfews and seven no-movement days in a bid to curb the current surge in cases. However, experts believe that could impact revenues of up to 40 per cent in some businesses.

Equity trader at Jamaica Money Market Brokers (JMMB), Clive Charlton, told Kalilah Reynolds on Taking Stock that the fast ability of companies to recover any revenue shortfall will be key to their survival, pointing to the application of technology as the best solution. His comments come against the background of the lingering uncertainties with the pandemic, which continues to force more businesses to pivot online to limit interactions within the country.

https://www.jamaicaobserver.com/sunday-finance/technology-key-for-businesses_229852?profile=1056