A 2020 Year in Review on Digital Strategy Trends
Haynes Strader, Vice President of Data Center Solutions, CBRE, returned to Not Your Father’s Data Center for a look back and assessment of one of the craziest years in recent memory. To summarize the market during the pandemic, Strader said, “CBRE had a really busy first quarter, and then, in March, we saw a big screeching halt as everyone was trying to figure out what was happening.” There was still lots of activity, even with a slump in transactions. “We’ve seen that start to pick back up with what’s shaping to be a busy fourth quarter. I think we’re going to be rocketing into 2021 from both an enterprise standpoint and a hyper-scale standpoint.”
Strader pointed out how the pandemic accelerated digital transformation in many different sectors and industries during the pandemic, from the shift for many businesses to remote work and learning to telemedicine in healthcare.
“The same thing is happening with eCommerce and food delivery,” Strader said. “You’re seeing people who normally wouldn’t be comfortable on a computer or their phone engaging with a service provider now, having been forced to do that for a year, feeling much more comfortable.”
How has the pandemic affected the commercial real estate market? Strader said there is still an abundance of activity, and businesses will continue to need space after COVID-19. Strader also believed many positions might permanently shift to remote, and that the needs of companies for large spaces will reduce. On the flip side, the rapid and expanding digital storage requirements will see those businesses’ needs increase and continue to grow in that marketplace.
Follow us on social media for the latest updates in B2B!
Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale
Latest
Mastering AV Sales Strategies: A Diverse Market Requires Understanding Individual Needs
Mastering AV sales strategies in a global professional audio-visual (Pro AV) market, poised to reach $79.2 billion by 2028, requires much attention to detail. The surge in demand from corporate, government, and institutional sectors, driven by the need for enhanced productivity and efficient working environments, gives AV sales pros a lot of opportunity. In […]
Cybersecurity in Healthcare: Addressing the Growing Threat
To keep up with the growing threats, cybersecurity in healthcare is a high-level priority. The recent ransomware attack on Ardent Health underscores a stark reality for the healthcare industry: cyber threats are a significant and ongoing challenge. Mike Saylor, the CEO of Blackswan Cybersecurity, LLC, sheds light on the complexities of cybersecurity in healthcare. […]
Effective Debt Management Holds the Keys to Small Business Cash Flow and Growth
Effective debt management through a robust accounts receivable system is essential for small business cash flow and growth, necessitating automated payment schedules and strategic policy adjustments. Collaborating with a collection agency as a strategic partner can enhance revenue recovery while preserving positive customer relationships. How critical is effective debt management for the financial health […]
