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.

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Q3 2020 hedge fund letters, conferences and more

Re-Opening Business During COVID-19

Top findings include: 

Michael Zimmerman’s Prentice Capital is having a strong year

business manPrentice Capital was up 15.3% net last month, bringing its year-to-date gain to 49.4% net. Prentice touted its ability to preserve capital during market downturns like the first quarter of this year and the fourth quarter of 2018. Q3 2020 hedge fund letters, conferences and more Background of Prentice Capital The fund utilizes a low 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.