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Coronavirus Has Put No Impact on Dassault Systemes, Says CEO Bernard Charles

The overall confirmed cases in Mainland China reached 44,653 by Wednesday, with 1,113 deaths being confirmed by the Chinese authorities

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Coronavirus
The economic damage caused by novel coronovirus to the Chinese economy is likely to be larger than SARS, leading to GDP estimates being revised downwards. VOA

The China lockdown owing to the deadly novel coronavirus has little impact on 3DExperience platform major Dassault Systemes as the company has no dependency on China for supply chain kind of activities, Bernard Charles, Vice Chairman and CEO, Dassault Systemes, said on Wednesday.

The overall confirmed cases in Mainland China reached 44,653 by Wednesday, with 1,113 deaths being confirmed by the Chinese authorities.

“We do have big labs in India but not in China. So we do not have any specific dependencies related to the supply chain kind of activities. But we are concerned about the slowdown in the industry globally,” Charles told IANS.

“Our customers use the 3DExperience Cloud platform online. So even if people are working from home with good Internet access, they can perform design and training as usual,” he added.

The economic damage caused by novel coronovirus to the Chinese economy is likely to be larger than SARS, leading to GDP estimates being revised downwards.

“We have a very sizable client list from China. It has been a strong dynamic market for us for many years. It is difficult to know at this point how long this is going to continue. We are concerned,” Charles noted.

Dassault
The China lockdown owing to the deadly novel coronavirus has little impact on 3DExperience platform major Dassault Systemes as the company has no dependency on China for supply chain kind of activities, Bernard Charles, Vice Chairman and CEO of Dassault Systemes said. Wikimedia Commons

Citigroup has cut China’s GDP forecast for the first quarter of 2020 to 3.6 per cent from the initial 4.8 per cent.

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Citigroup said the economic damage from coronavirus will be more than the SARS virus, assuming that the virus will be contained by the end of March. (IANS)

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Microsoft Plans To Make All Events “Digital-Only” Till July 2021

"As a company, Microsoft has made the decision to transition all external and internal events to a digital-first experience through July 2021," it read

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Microsoft
As a company, Microsoft has made the decision to transition all external and internal events to a digital-first experience through July 2021. Pixabay

In a strong message for tech giants as new coronavirus continues its unabated growth globally particularly in the US, Microsoft is planning to make all its events – internal as well as external – digital-only till July 2021.

According to a report in The Verge on Tuesday, the online-only focus is now extending to far more events over the next year.

“In light of the challenges presented by COVID-19, Microsoft has been closely monitoring the developing global situation and re-assessing the overall company-wide in-person event strategy,” the report said, quoting an an internal Microsoft email sent to most valuable professionals (MVPs).

“As a company, Microsoft has made the decision to transition all external and internal events to a digital-first experience through July 2021,” it read.

Microsoft has already announced that ‘Ignite’ which is its final major conference of 2020 in September has been shifted to a digital-only format.

Micorsoft
In a strong message for tech giants as new coronavirus continues its unabated growth globally particularly in the US, Microsoft is planning to make all its events – internal as well as external – digital-only till July 2021. Pixabay

‘Ignite’ is Microsoft’s conference for IT professionals and developers.

Microsoft earlier cancelled its flagship developer conference ‘Build 2020’ in-person, scheduled to take place in the US from May 19-21.

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Microsoft has also cancelled its Most Valuable Professional (MVP) Summit in Seattle.

The tech giant would now rely on its own digital tools and Microsoft Teams to hold events remotely. (IANS)