Cities That Are Re-Opening Successfully During COVID-19

0
Cities That Are Re-Opening Successfully During COVID-19

There is new data of which cities have had success in re-opening business during COVID-19.

Get Our Activist Investing Case Study!

Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign up below!

Q3 2020 hedge fund letters, conferences and more

Re-Opening Business During COVID-19

Top findings include: 

Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

  • SAFE: London, New York City, Tokyo, and Boston have 3-5 times the amount of remote workers compared to pre-COVID.
  • LOCKDOWN MODE: Beijing and Paris experienced initial success opening business but have since seen its remote workforce double in recent months. Zurich who peaked at 7 times pre-COVID numbers, but have remained stable after dropping to a bit more than 2 times its pre-COVID average
  • BETTER, BUT NOT BACK TO NORMAL: Berlin - Usage peaked at 4X pre-COVID numbers but dropped to 2 times pre-COVID in mid-June and remained stable since.
  • OPEN FOR BUSINESS: Frankfurt and Vienna - Top-2 cities that are currently open for business around the world.

This information comes from Open Systems, the secure access service edge (SASE) platform.

Open Systems has been securely connecting offices and employees across the globe during the pandemic by utilizing its Secure Remote Access solution to provide the secure connections required. The solution has enabled over 195,000 workers to remotely connect 72 businesses from 279 cities in 53 countries.

While come cities are re-opening, the overall findings conclude that remote work is here to stay for the foreseeable future. With that in mind companies need to ensure that employees can remotely and securely connect to corporate clouds and networks.

Cities Re-OpeningIs your city re-opening? Tell us what is going on locally by sounding off in our comments section.

Updated on

Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver
Previous article Pinterest Blowout Earnings Buoyed The Tech Sector
Next article COVID-19 will bring total pension debt to $1.62 trillion this year

No posts to display