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autonomous-technology-can-mitigate-the-business-impact-of-coronavirus
autonomous-technology-can-mitigate-the-business-impact-of-coronavirus

Autonomous technology can mitigate the business impact of coronavirus

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The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans to deal with the outbreak, fewer and fewer employees are able to fully function. 

When facilities don’t know who can and will show up for work, both planning and operations are seriously impeded. In Western Australia, for example, the coronavirus is potentially affecting some 60,000 fly-in, fly-out (FIFO) workers at remote mine sites and onshore and offshore oil and gas plants.

And this challenge is compounded by a flagging demand for commodities – oil, natural gas, ore, and other resources – as global industries and economies slow down or even grind to a halt. Given the ongoing price war between Saudi Arabia and Russia and the resulting price drops – the oil industry is particularly hard-hit, with companies bracing for lower revenues, diminished investment, and even large-scale layoffs.

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