Future of Work going to be Hybrid and Collaborative

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Digital economy is triggered by the continued pandemic bringing an unprecedented opportunity for the technology companies and it brings the confluence of people, process and technology to reconstruct existing business models. Covid has proven instrumental in boosting the growth of the tech industry. Companies operating in the most demanding sectors like online education, payments, OTT, and tech-enabled staffing service are among the tech honourees on the business journal's fast 50 start-up lists. With the tech sector gaining traction, most tech companies are anticipated to increase headcount in 2021.

Covid has undoubtedly magnified the demand for technology. Simultaneously, this increased demand of technology has given rise to a greater demand for tech-skilled resources. An average Indian is now presented with a multitude of opportunities to pursue a lucrative tech career. With India right in the midst of experiencing a deadly second wave of coronavirus, it has become clear that remote work is here to stay and we should evaluate this time to evolve our hybrid workplaces to build capabilities for businesses to thrive. The hybrid workplace essentially gives employees and businesses the choice to explore further flexibility encouraging them to work wherever they feel most comfortable or productive. It has led to recreating the way we work and rethinking how work gets done, and where it gets done. According to a recent survey conducted by Citrix Systems, 52% employees prefer hybrid models for work post-pandemic.


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  • Watch Future of Work going to be Hybrid and Collaborative Video
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    Digital economy is triggered by the continued pandemic bringing an unprecedented opportunity for the technology companies and it brings the confluence of people, process and technology to reconstruct existing business models. Covid has proven instrumental in boosting the growth of the tech industry. Companies operating in the most demanding sectors like online education, payments, OTT, and tech-enabled staffing service are among the tech honourees on the business journal's fast 50 start-up lists. With the tech sector gaining traction, most tech companies are anticipated to increase headcount in 2021.

    Covid has undoubtedly magnified the demand for technology. Simultaneously, this increased demand of technology has given rise to a greater demand for tech-skilled resources. An average Indian is now presented with a multitude of opportunities to pursue a lucrative tech career. With India right in the midst of experiencing a deadly second wave of coronavirus, it has become clear that remote work is here to stay and we should evaluate this time to evolve our hybrid workplaces to build capabilities for businesses to thrive. The hybrid workplace essentially gives employees and businesses the choice to explore further flexibility encouraging them to work wherever they feel most comfortable or productive. It has led to recreating the way we work and rethinking how work gets done, and where it gets done. According to a recent survey conducted by Citrix Systems, 52% employees prefer hybrid models for work post-pandemic.


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    Future of Work going to be Hybrid

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    The company sources termed the cuts as part of an aggressive measure to reduce excess burn and the need to prioritise profitability over growth. The entire tech sector has been hit by the global economic slowdown. Even giants like Apple, Microsoft and Snap are feeling the squeeze and have cut back on hiring plans.

    The Indian IT sector, which has a large part of its earnings from outside India, is also feeling the heat but has not entered the meltdown stage yet. The start-ups, however, are shedding jobs. The list includes Byju’s, Unacademy, Vedantu, Cars24, Ola etc. Ryan Roslansky, CEO of LinkedIn, has said that there will be a hiring freeze across various verticals of the company.

    Experts are of the opinion that employees are turning to different platforms to look for new and better opportunities and even upskill themselves for better prospects. The past year was filled with several changes to the conventional workplace, and hybrid work emerged as the new norm. As per a survey, 74% of Indian employers agree that hybrid working is the future and is here to stay for the long run.

    We can only expect this trend to continue to evolve as remote, freelance, and contract employees become even more prevalent, and employees seek more work-life balance. The workplace has been evolving drastically, and technology has continued to be at the centre of everything. Hybrid work, however, comes with a few challenges.

    Going forward, video collaboration will become the norm of communication. The rise in the adoption of AI is with a focus on the end-user experience. However, if companies can ensure equity in a hybrid work setup, create employee-friendly policies, and focus on embracing collaboration technology deep into an organisation's DNA, hybrid working can not only survive as the future of work but thrive.

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    A report from #Linkedin on State of Sales APAC 2022 says that the rising #remotework culture has accelerated the proliferation of sales technology. The pandemic disrupted the sales process permanently and positively, with 81% of buyers in India agreeing that working remotely is making buying easier.


    There is a continued rise of sales technology and data-driven selling. In today’s predominantly digital era, 4 in 5 (81%) buyers in India feel that remote work has made buying easier today. Sellers too have felt this pull, with every 1 in 5 (22%) clocking deals worth $500,000 or above without ever meeting the buyer in-person.

    With the number of sales professionals without any remote work experience dropping to one-fourth during the pandemic, it is evident that remote working is here to stay. Top performers are thriving due to their intelligent use of technology and data-driven selling.

    The survey indicates younger sales professionals are placing a higher emphasis on soft skills, so they can develop closer relationships with their buyers or clients and close better deals. The survey also reveals that the ability to build trust is the most important factor for closing deals among younger (under 35 years) sales professionals (21%), as compared to older (over 35 years) professionals who prioritise metrics like ROI (16%) and price (17%).

    Companies are increasing their appetite for data-based insights to better gauge buyer intent and drive greater sales. This is especially true amidst the ongoing Great Reshuffle when buyers and sellers are constantly considering shifting roles. In fact, more than 8 in 10 (84%) sales professionals in India have lost at least one deal to an important decision maker changing roles in the past year alone.

    Therefore, access to the right intel has become mission-critical for sales functions across the board. The report further reveals that top performers are also more likely to leverage these insight

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    A study by Citrix Systems shows hybrid work is here to stay and in this new world of work, delivering a unified, secure, and simplified work experience will be key to success. Many companies viewed remote work as a short-term solution to the pandemic, they now recognize it must be part of their permanent workforce and cost management strategies. When asked how they would prefer to work post-pandemic 52% of respondents said they want a hybrid model where they can choose to work remotely or from the office each day; 16% indicated they have no interest in returning to the office and would prefer a permanently remote role; 45% noted that if they were to change jobs, they would only accept a role which offered flexible and remote work options; and nearly 75% said they would likely consider relocating to a different city if they could perform their role to the same level without commuting to a place of work.


    With a lack of boundaries between their work and personal lives and no commute to manage, two-thirds of employees polled say they are working the same or more hours. And while they remain productive, many are struggling to do so. The study found that 41% of employees cited distractions in their home environment, 28% say they lack appropriate technologies and applications to get work done and 36% feel isolated and out of touch with colleagues. As many companies have learned through the pandemic, digital workspaces are an efficient and effective way to do this, as they: (i) Unify work – whether at home, on plane or in an office, employees have consistent and reliable access to all the resources they need to be productive across any work channel, device or location; (ii) Secure work – contextual access and app security, ensure applications and information remain secure – no matter where work happens and (iii) Simplify work – Intelligence capabilities like machine learning, virtual assistan

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    The attitudes of both employees and employers towards hybrid working - a style of working that allows for a more balanced home-office work pattern - have fundamentally changed due to the pandemic, according to GlobalData. The leading data and analytics company notes that this is good news for tech companies producing collaboration and communication (C&C) services such as Zoom that have seen a boost from remote working over the pandemic. C&C tech acted as a life vest for businesses forced to move to remote working. Their use will only continue as these enterprises step into the future of hybrid working. Companies have growing commitments to environmental, social and governance (ESG) goals, which means they have to demonstrate the benefits to society and address customers’ environmental concerns – all enabled by C&C services.



    Over time, the market is bound to consolidate – as evidenced by Zoom’s agreed deal to buy Five9 for around $14.7bn. The generally accepted ‘marketing rule of three’ indicates that as individual markets mature, they tend to be dominated by three dominant players, so the battle has started to gain a place at the top table. Experts predict that “Zoom’s deal is just the start of what will be an onslaught of C&C mergers and acquisitions.”Another key trend is the migration from upfront investment-heavy, on-premises products to pay-as-you-go-based cloud solutions, often from new competitors such as Facebook and Google. Facebook’s ‘Workplace’ now has over seven million paying business customers, while Google’s ‘Workspace’ is being actively marketed as a solution for hybrid meetings.

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