During the current economic downturn, there are strategies software companies can use to manage cost. Simon Heap, Prasad Narasimhan, David Schannon and Christopher Schorling, partners with Bain's Software and Performance Improvement practices, share Bain's perspective on what actions companies can take to bolster their bottom line in the near term, manage costs over the longer term, and accelerate into the postpandemic recovery.
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The global Covid-19 pandemic has extracted a terrible human toll and spurred sweeping changes in the world economy. Across industries, executives have begun reassessing their strategies and repositioning their companies to thrive now and in the world beyond coronavirus.