June 16, 2020: The technologically advanced world today where the maximum of the business is relying on the internet and the advanced technology for their business. The recent survey suggested that more than 75% of the small businesses are relying on the internet and the tools to run their business.
The tech giants like Google, Microsoft, Apple, Amazon, Facebook, Twitter, etc are helping the small and medium-sized companies to come and start on their own with the support from the advanced technologies. As the major jobs have been created by the small business the tech giants are the core reason how the small business could help them in the process and get into the market.
The collaboration tool, video conferencing tool, the team messaging apps in the market has helped the companies in this pandemic where they could communicate and get things working in their way. Small business owners say they are surviving in the market because of the technology and if not they would have shut down by now.
We have seen discussion regarding the tech giants today making a move to get more of the business from countries like China to home. We would also have to think about the consequences behind the same competing with Alibaba, Huawei not easy. China government responds similarly, it would be difficult to handle.
All the trillion-dollar companies have come forward with allocation funds to the small business launching few tools to help small businesses with lesser cost. Amazon recently launched a book on how to overcome the current pandemic which is an eye-opening to know how they are stepping aside from their business to help the SMB.
A survey conducted to know should the government take part in the decision about online activity; it was a one-sided answer where 76% of the people said the government has to stay away from the decision.
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