CIO India's 'Business Continuity Amid COVID-19 Survey' (part-2) shows that the number of Indian CIOs who believe COVID-19 will significantly impact business jumps from 69% to 92% in a span of just two weeks. Credit: Fusion_Medical_Animation/1xpert_GettyImages CIO India’s latest survey on ‘Business Continuity amid COVID-19’ reveals that there is a 23 percent spike (from 69% to 92%) in the number of CIOs who believe the coronavirus pandemic, as it stands today, will have a significant impact on business. The second survey was targeted at the same set of respondents who participated in the first, to provide a fresh snapshot of the change in perception, if any, in the CIO community. CIO India Survey: Business Continuity Amid Coronavirus Part-2 (23-25 March, 2020) While the first poll – conducted 9-11 March – showed that 7.6 percent of CIOs saw no impact whatsoever on businesses, the latest survey conducted 23-25 March doesn’t see a single CIO concurring to that notion. On the same lines, the number of CIOs who viewed the COVID-19 outbreak as a business catastrophe jumped from 2.5 percent to 9.1 percent. Rise in COVID-19 cases in India between 9-25 March Furthermore, the average impact magnitude ranked by CIOs on a scale of 1-10 notched up by almost two points – from 5.1 to 7. In a span of just two weeks, the country has seen tumultuous changes resulting from the increasing number of COVID-19 cases – 30 states and union territories are now in total lockdown. The first survey was taken at a stage when India had 43 confirmed cases; when we closed the second survey, that number had rocketed to 602. CIO India Survey (Part-2): Business Continuity Amid Coronavirus (23-25 March, 2020) When asked about the time to recovery, a majority of CIOs (over 41 percent) opine it would take 3-6 months for businesses to return to normalcy – a slight spike from the first survey. On the other hand, the number of CIOs who believe it would take more than a year for businesses to bounce back shot up to 5.05 percent – that’s more than double the number of CIOs we saw in the first survey. In conclusion, although CIOs view the coronavirus pandemic as a significant threat from a business impact point-of-view, most believe things can get back to normal within six months. Related content Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe