The crisis is a good time to accelerate changes that are already under way and pushes us to do things that could have been postponed in good times. This is forcing us to look for new outputs and goals, and to think about how to do better in the future. One way to do this is to join forces and develop business together. Consolidation has been going on in both the Estonian and European markets for some time, but the crisis could give it an even stronger impetus.
The coronavirus crisis that began with the coronavirus epidemic has affected all sectors of the economy – some more than others. The impact in the software development sector has certainly already been felt quite strongly, and its effect will intensify in the coming months. However, software companies are definitely most affected by customers’ uncertainty about making investments.