The future of work in the technology driven world |A.I. Technology | VARINDIA News Hour

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The future of work in the technology driven world |A.I. Technology | VARINDIA News Hour

Tech is the most important enabler of remote work, but it hasn’t been without issues. The current “work anywhere” trend ushered in by the COVID-19 pandemic has led to the dismantling and reimagining of many of the characteristics of last century’s workplace. The future of work is being shaped by two powerful forces: The growing adoption of artificial intelligence in the workplace, and the expansion of the workforce to include both on- and off-balance-sheet talent. It’s clear that remote and hybrid work is here to stay. Employee expectations are changing, and we will need to define productivity much more broadly – inclusive of collaboration, learning and wellbeing to drive career advancement for every worker, including frontline and knowledge workers, as well as for new graduates and those who are in the workforce today. All this needs to be done with flexibility in, when, where and how people work.” As the traditional office transitions into a place without borders, business leaders need to be proactive about keeping their talent loyal to their mission, values, and goals while adequately supporting their workforce with the tools they need to stay productive, engaged, and successful. But that’s not all. Employers also have a new burden to contend with in this new working environment: elevating the protection of their assets against bad actors.

According to Gartner, remote workers will make up 32% of all employees worldwide by 2024. Businesses face myriad challenges shifting to this hybrid landscape. Ivanti’s research shows that the remote and hybrid work experience for IT professionals varies across gender lines. More men than women report losing personal connections with co-workers in this digital-first culture. Women, however, have benefitted the most overall from the flexibility that remote work brings. This shift in employee experience cannot be ignored. Em.

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  • Watch The future of work in the technology driven world |A.I. Technology | VARINDIA News Hour Video
    The future of work in the technology driven world |A.I. Technology | VARINDIA News Hour

    The future of work in the technology driven world |A.I. Technology | VARINDIA News Hour

    Tech is the most important enabler of remote work, but it hasn’t been without issues. The current “work anywhere” trend ushered in by the COVID-19 pandemic has led to the dismantling and reimagining of many of the characteristics of last century’s workplace. The future of work is being shaped by two powerful forces: The growing adoption of artificial intelligence in the workplace, and the expansion of the workforce to include both on- and off-balance-sheet talent. It’s clear that remote and hybrid work is here to stay. Employee expectations are changing, and we will need to define productivity much more broadly – inclusive of collaboration, learning and wellbeing to drive career advancement for every worker, including frontline and knowledge workers, as well as for new graduates and those who are in the workforce today. All this needs to be done with flexibility in, when, where and how people work.” As the traditional office transitions into a place without borders, business leaders need to be proactive about keeping their talent loyal to their mission, values, and goals while adequately supporting their workforce with the tools they need to stay productive, engaged, and successful. But that’s not all. Employers also have a new burden to contend with in this new working environment: elevating the protection of their assets against bad actors.

    According to Gartner, remote workers will make up 32% of all employees worldwide by 2024. Businesses face myriad challenges shifting to this hybrid landscape. Ivanti’s research shows that the remote and hybrid work experience for IT professionals varies across gender lines. More men than women report losing personal connections with co-workers in this digital-first culture. Women, however, have benefitted the most overall from the flexibility that remote work brings. This shift in employee experience cannot be ignored. Em

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  • Watch The future of Work in 2022 and beyond | Digital world | VARINDIA News Hour Video
    The future of Work in 2022 and beyond | Digital world | VARINDIA News Hour

    The future of Work in 2022 and beyond | Digital world | VARINDIA News Hour

    Unevenness and variability will define 2022 for most employees and employers in this volatile world. Employees will work in different ways and locations, the labour market will remain increasingly competitive, and organizations will continue to strive for diversity, equity and inclusion. Leaders must manage the increased variability across all aspects of work. For IT departments, employees working from anywhere and high staff turnover pose several issues. Cloud applications and mobile devices have become essential to the everyday tasks that have kept productivity high during the pandemic crisis and are accessible everywhere. The remote work model has brought many positive changes and challenges for businesses. Maintaining the status quo and facilitating work during periods of lockdown have been business priorities, but businesses have enjoyed some unexpected benefits in doing so, including productivity increase and reductions in overhead costs. Additionally, businesses have expanded access to talent based outside office regions, including a more diverse workforce.

    Adjusting to the new remote and hybrid scenario would not have been possible without innovative tech solutions that ensure maximum employee productivity, allow employees to interact and collaborate, and enhance security posture and IT efficiency. With integration of these technological tools in the remote work ecosystem, businesses are getting contextual and real-time actionable asset insights to help IT teams gain control over their IT investments and help employees become more productive. Cybersecurity fundamentals have become even more important due to constant attacks via ransomware, malware and a host of other threat vectors. Bad actors are taking advantage of the remote workforce’s blind spots, and as attacks become more sophisticated, stakes are high for businesses and users. In the future of work, business

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    The #metaversetechnology is poised for rapid growth that will open up opportunities for the marketers and it can be helpful to first think of any shared, virtual space: everything from a chat room to games like Minecraft and Fortnite. While these spaces differ in terms of the richness of the virtual experience – text, audio, video, visual detail, sense of space, actions you can take, etc. – what they share is the opportunity for multiple, if not millions, of people to simultaneously connect within an online environment. The COVID-19 outbreak has brought a positive impact on the metaverse market and is driving the increasing interest in the metaverse concept. People began to work remotely while students shifted to online classes and the need and demand for convenient channels or approaches to make online interaction more realistic emerged. The crisis has speeded the emergence of virtual communities as key lifestyle areas for locked-down users which include gaming landscapes and also increasing adoption of mixed reality. The convergence of 5G, artificial intelligence, and edge cloud processing will soon make it easier to deliver more seamless, enjoyable, and cost-effective AR/VR experiences across a variety of connected devices. Just like the internet, industry insiders are predicting the metaverse will become a necessity for all brands.

    Metaverse is making headlines in technology, there’s a boom in metaverse crypto projects, each viewing to shape the future of both metaverse crypto projects and the nature of digital real estate. It’s the Gen Z, or someone with higher digital maturity. While we may make our purchases by making a few clicks, the coming generation will definitely want something which is more engaging and immersive.

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    The Indian Software as a Service (SaaS) landscape continues to mature rapidly, with more companies reaching larger scale and driving heightened investor interest. In 2021, more than 35 Indian SaaS companies had $20 Million+ annual recurring revenue - a sevenfold increase over five years -with between 7 and 9 of these companies reaching the $100M annual recurring revenue milestone (versus one to two companies five years ago). India could be on the cusp of unlocking a $1 trillion opportunity for Software-as-a-Service (SaaS) companies, creating nearly half a million new jobs by 2030, according to a report titled 'Shaping India’s SaaS Landscape' by #SaaSBOOMi. Vertical business software has seen 100% year-over-year growth, with several Indian success stories emerging. Growth is primarily driven by an increased number of deals for vertical business software and larger deal sizes for horizontal business software. A report says, software accounts for 20% of the total enterprise spending on technology but has a value creation of nearly 50%.

    The #SaaS companies founded in India by the Indian founders, that have the majority of their workforce in India, are serving both domestic and global customers, which is $2.6 billion in size and employs about 40,000 people, is expected to record a 20X revenue jump by 2030. The narrative goes beyond this mammoth opportunity. This ‘20X jump’, which will generate $50-70 billion in revenue, is merely 6 percent of the global SaaS market —reflecting the untapped size of the pie and the huge window of opportunity that lies ahead for the SaaS industry. The Indian SaaS ecosystem will be one of the biggest value creation opportunities that we are going to see in the decade ahead of us. It is touted to grow at a CAGR of 18%. The Indian SaaS landscape is maturing rapidly, with the number of SaaS firms doubling and 60+ SaaS firms

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    Tech is the most important enabler of remote work, but it hasn’t been without issues. Respondents from a survey were hopeful that IT would prioritize new hardware in 2022 (26%) along with modernizing the service desk to improve IT service levels (26%). Among IT professionals, the desire for modernizing the service desk rises to 32%. While the remote working environment has mitigated random walk-up IT requests from users, it has also challenged organizations that don’t have streamlined request/fulfilment processes and wide access to knowledge and other resources for self-service. Hundreds of thousands of employees will be returning to the offices globally as COVID restrictions are lifted and millions of new positions have been created and filled since February 2020, meaning that IT Departments will be inundated with thousands of new devices coming onto their networks for the first time. Many employees will have onboarded remotely, others will have allowed family members to use their devices, and more will have undoubtedly accessed vulnerable public networks. As a result, the risk of overprivileged devices accessing corporate resources will be huge in the coming weeks. If phones and laptops are brought into the office without a thorough security check, any malware on them could erupt into the entire network. It may also be the first time that many organizations have had the chance to properly manage and audit devices of those who have left employment during the past year.

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