Technology is transforming the way we work and reshaping the future of businesses. The adoption of automation, remote work, and gig work is disrupting traditional work models, and it’s essential for businesses to adapt to remain competitive. In this blog post, we’ll discuss the trends that are reshaping the future of work and what businesses need to know to stay ahead of the curve.
3 Ways Technology is Reshaping the Future of Work
1- Remote Work and Digital Nomadism
The COVID-19 pandemic has accelerated the trend of remote working, with many companies adopting a work-from-home model. This trend is likely to continue, with studies showing a significant percentage of employees want to continue working remotely even after the pandemic.
Digital nomadism, which refers to remote workers who travel the world while working, is also on the rise. Businesses can take advantage of this trend by leveraging technology such as video conferencing, cloud computing, and collaboration tools. To enhance this, businesses can invest in virtual private network (VPN) technology to provide a secure connection between remote workers and company servers. Some popular VPN options include NordVPN, ExpressVPN, and CyberGhost.
2- Gig Work and The “Uberisation” of The Workforce
The gig economy refers to a labour market characterised by the prevalence of short-term contracts or freelance work instead of permanent jobs. This trend is booming, with platforms like Uber, Airbnb, and Upwork changing the way people work. The gig economy trend is not limited to the transportation and hospitality industries; it’s also spreading to other sectors such as healthcare and finance.Â
Businesses can take advantage of this trend by leveraging freelance talent and outsourcing non-core functions. By doing so, they can reduce costs and increase flexibility. Businesses can now use online platforms such as Fiverr, Freelancer, and Guru to find and hire freelancers. These platforms allow businesses to post project requirements and receive bids from qualified freelancers.
3- Automation and The Future of Jobs
The adoption of automation technologies such as Artificial Intelligence (AI), machine learning, and Robotic Process Automation (RPA) is transforming the way we work.
While some jobs will be displaced, new jobs will be created, and existing jobs will be augmented. Businesses can take advantage of this trend by leveraging automation to streamline their operations, reduce costs, and increase efficiency. An Enterprise Resource Planning (ERP) system helps automate various business processes, such as accounting, inventory management, and customer relationship management, resulting in improved productivity and profitability. It is one of the top software solutions for business productivity.
Businesses can invest in Robotic Process Automation (RPA) tools such as UiPath, Blue Prism, and Automation Anywhere. These tools can help automate repetitive tasks such as data entry, customer support, and HR processes.
Conclusion
The future of work is being shaped by technology, and businesses need to adapt to stay competitive. Remote work, gig work, and automation are trends that businesses can leverage to increase flexibility, reduce costs, and increase efficiency. In particular, an ERP system automates various business processes and provide insights that enable businesses to make data-driven decisions. We recommend adopting an ERP system like PurpleDove, one of the top software solutions for business productivity. PurpleDove will help you streamline business operations and improve efficiency, allowing your business to thrive in the rapidly changing landscape of the future of work.