The Role of Tech Companies in Economy and Environmental Protection using COVID-19 Pandemic (Case Study: Cisco Systems)

Majid Lotfi Ghahroud; Hussein Aghajani Kalkhouran; Hamed Besarati Ziabari; Mahdi Parseh; Amir Sedighi; Farhad Azizi

Majid Lotfi Ghahroud Social and Behavioral Science Department Financial Management, Faculty of Management, University of Tehran
Hussein Aghajani Kalkhouran Technical Consulting Center, Cisco systems
Hamed Besarati Ziabari Persian Languae and Litrature Department, Allameh Tabataba`i University
Mahdi Parseh Tourism Management Department, Allameh Tabataba'i University
Amir Sedighi Business Management Department, Islamic Azad University
Farhad Azizi Department of Accounting, Islamic Azad University, Iran

Abstract

The global COVID-19 pandemic is of course not only a critical public health emergency, but a political, economic, and social emergency too. There is a huge number of private and public companies and even governments have changed their policies for their employees to work from home during COVID-19 pandemic. “Work from Home” is not a new way of working and it has been in some jobs for more than a decade; however, the COVID-19 pandemic has suddenly highlighted it. There are tech companies connecting employees and employers together by internet and they have significant role in the economy of counties worldwide. While COVID-19 pandemic has made their role became more prominent, their role in preserving the environment is clear. For example, they have reduced employees and students’ Intra-city commute. In this article we show some benefits of online services by tech companies like Cisco systems during pandemic and then new statistics about number of new users of tech companies and their economical and environmental benefits.