Jason Lopez: So because of the pandemic, do you expect a growth in the use of the technology.
Kitty Fok: There were some discussions about it since last year, but it's really, really slow. The provider, the supplier is also thinking like, well it is really the market. The user is thinking like, Oh uh, especially for the mentality in China is that, well I will still be fair to own my facility then paying a all-purpose type of model. So it was a really long discussion evaluation. The demand is very, very low this time. We think that would definitely speed up. We do expect increased demand.
Jason Lopez: Well one thing I saw in your report is that this will be a you recovery and not a of the correction. Um, but you know, Chinese companies seem to be responding pretty quickly. Leveraging technology. What's driving that action to go faster?
Kitty Fok: I think first of all you want to survive at this moment. So as a company you really want to stay on top of the curve by leveraging technologies. Whether it is a reshape or your shape, you say how fast you can let fish, what are, you can let fish everything you have available right now. So some companies decide to actually move faster than fishing technology and they can identify very quickly which pack of the company that they H they need to move faster and go ahead and move on. And they are not just looking at a short term investment date, big investment right now. It can be a long-term benefit and it is not just to help them to survive is to help them to bounce back and then to be competitive moving forward. So at this moment for any company's leader, what they would need to think about is how fast they can move on your site, how fast they can evaluate a situation to look at which part of the organization that they need to move and leverage technology. What they can do on disc strategy is not just for a short term survival, but for them to make sure that they can rebound and also stay as more competitive moving forward.
Jason Lopez: Well, you know, the pandemic has really brought on a lot of profound changes in the way that we are conducting ourselves these days and the way we're using technology. How many of these changes do you think are going to remain in place after the virus is contained? And we're sort of back to normal?
Kitty Fok: Well, I want to go back to what happened to saws 17 years ago. So when SARS happened 70 years ago in Asia, mainly in China, uh, Hong Kong, Singapore and Taiwan. So what I saw is that, um, Singapore for example, did, you know, forget about. So at that moment, they have been like continuously to build special unit hospital so that they can have um, isolation or quarantine facility. So with COBIT 19 happened, the Singapore government is actually more prepared, so they know that they will have the facility for the people for quarantine or isolation, but some of the country actually did not build dosa facility. So when COVID-19 hit, um, it is not as fast in terms of infection compared to the Singapore [inaudible]. So I think some of the people will go back to their comfort zone. Some of the people will move on and think that this is something that can create more opportunity or like can have a change of life.
Kitty Fok: It really depends on, again, for the industry demands personal preference as well as some of the policy. So I want to go back to education again. I don't think the education will go back to like a hundred percent back to what we used to be because the content is already available and it can definitely support more kids that need education. So that will definitely move on but it will change from a hundred percent on our education back to like a hybrid model. So now the school can we left fish what is available online? They're already set up the communication channel with all the parents so that we'll move on. So I think it really depends on the industry and the need of it.
Jason Lopez: kitty folk is the managing director of IDC China. In her latest report, she identifies opportunities for tech innovation and investment in China. Of course, it areas like cloud AI and five G are on the list but now because of the pandemic, they're stronger focus on areas like smart cities, digital health, online learning, remote work and food e-commerce. This is the Tech Barometer podcast. I'm Jason Lopez. Tech Barometer comes to you from The Forecast covering technology and the people behind tech.