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Technology: Winners and losers of the year

Stream-aram, Zoom-aram, we ordered fruits, vegetables, houseplants while trying to address our technological shortcomings to work from home. In many ways, the isolation caused by the COVID-19 pandemic changed our technology needs, which became almost all digital.

Technology: Winners and losers of the year

Below you will see the winners and losers of the year in technology.

Lost of the year

Virtual reality

As the world adjusted to a new reality at home, the pandemic could be a virtual reality opportunity to offer an escape. Using special headphones and equipment, this technology allows people to interact with a 360-degree view of a XNUMXD environment - of course this is all seemingly a good app for people who are constantly at home.

But people turned to easier-to-use software and games they already owned. Thus, virtual reality again lost its chance to conquer the market.


Quibi, short for quick bites, raised $ 1,75 billion from investors, including big Hollywood players Disney, NBCUniversal and Viacom.

However, the service was not able to reach the viewers, as many are circulating on the internet soon video. The company announced that it closed in October, a few months after circulation of April.

Uber and Lyft

In May, Uber laid off 3.700 people, or about 14% of its workforce. THE Lyft also announced cuts jobs. But there are some signs of hope. After significantly reducing costs by restructuring in the second quarter, Lyft said last month that it expects to have its first profitable quarter by the end of 2021.

Winners of the year

Nintendo Switch

The Nintendo Switch was launched in 2017. According to the NPD group, in the first 11 months of 2020, the Nintendo Switch sold 6,92 million units in the US. It was the console with the most unit sales for 24 consecutive months.


All video conferencing software from Microsoft Teams to WebEx has flourished as tens of millions of people abruptly shift to remote work and distance learning during a pandemic.

The ease of use of the Zoom allowed for widespread adoption during the pandemic. There have been some issues with its lax security that have led to some security breaches but since the company renewed its security, it remains one of the most popular platforms for hosting remote meetings and courses.


The scourge of ransomware reached epic proportions in 2020. In Germany, a patient was removed from the intensive care unit of a hospital whose computer system was paralyzed by an ransomware attack and died on the way to another hospital.

On USA, the number of attacks on healthcare facilities has almost doubled since 2019. Attacks on government agencies have increased by about 50 percent since last year.

Cybersecurity Emsisoft estimates that the cost of ransomware attacks in the US this year alone has reached $ 11,8 billion.

Computer manufacturers

Of course, this sector does not surprise us. Since everything was done online, the demand for computers has skyrocketed.

The July-September period was particularly strong, with missions computers in the US to increase by 11% from the same period in 2019 - the largest quarterly increase of sales industry in a decade, according to research firm Gartner.


Amazon is one of the few companies developed during the COVID-19 epidemic. Users turned to online shopping and helped the company bring record revenue and profits in April and June. This came despite having to spend $ 4 billion on supplies and pay overtime and bonuses workers.

But it's not just Amazon. THE pandemic has accelerated the transition to online shopping, a trend that experts expect to remain after the end of the COVID-19 pandemic.

And thanks to buyers who consciously support small businesses, Adobe Analytics reports that online sales to smaller retailers in the US increased by 349% on the day Thanksgiving and Black Friday.

Source of information: smh.com.au

Teo Ehc
Teo Ehchttps://www.secnews.gr
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