Reply To: The impacts of Covid on current earnings

I am working for an IT consulting firm. Covid did not have significant impact on our revenue due to following reasons:
– We have cutting edge IT / digital infrastructure and devices
– We used hybrid / virtual work even before Covid (Zoom/Team calls, SharePoint collaboration, etc.)
– As soon as Covid came, we went 100% digital by using Cloud collaboration tools
– We were able to lower our consulting fees (due to zero travel fees – no hotels, no flights)
– Well managed Covid internal communication and preparedness