Aside from commercial real estate dealers, office equipment vendors were among the hardest hit by the massive office evacuation following the pandemic.
But the death of the office was much exaggerated, say some affected CIOs, who point to an increasing number of corporate mandates for employees to return to the office for at least three days per week as the telltale of better business ahead for them.
Tokyo-based printer manufacturer Konica Minolta, for instance, is seeing a jump in business that its US subsidiary CIO cannot quantify now but is confident will show in future earnings.
