How Monitor is Confronting the Covid Situation
Monitor’s strategy has been – and will remain – to invest in expertise, both in marketing and development.
The history books recall how the Spanish Flu ran wild all over the world from 1918 to 1920. The total number of deaths is uncertain, but estimated at between 50 and 100 million.
One-hundred years on, just like the Spanish Flu, the Covid-19 pandemic is affecting every corner of the globe. Besides widespread humanitarian suffering, the virus has also led to crippling financial consequences for companies, organizations, and entire nations.
Over the course of the pandemic, Monitor’s strategy has been – and will remain – to invest in expertise, both in marketing and development. We’ve employed developers, trainers, and support staff, and we’ve expanded our marketing department, with the aim of delivering an even better service to our users and meeting their functionality requirements to an even greater extent.
Monitor Academy has become a very popular way of training up our users, and because it’s a digital platform, there's less risk of transmission. We’ve also reinforced our commitment to Norway by setting up a company and starting to build up a strong organization. At present, we have four people employed there.
Monitor isn’t the only company choosing to invest its way out of the Corona pandemic. In the spring and summer, the message from the market was clear – lots of manufacturing companies are investing in better, more cost-efficient ERP systems, and many of them are choosing MONITOR. This is reflected by our order inflow, which has risen by 24 percent year-on-year after the first nine months of 2020. And remember, 2019 was our most successful year since the company was founded in 1974.
Investing in expertise, machinery, and digitalization will prove a successful formula both for Monitor and other companies. It will help us to emerge from this crisis even stronger. Maybe you’ll even read about it in the history books, one-hundred years from now?