Top 5 Technologies Worth Investing To Make Remote Working Seamless
The working culture around the world was greatly reshaped in 2020 due to the mass outbreak of the COVID-19. The production process of the manufacturing industries has ceased, and people engaged in precarious work are currently on the lookout for alternatives in these tough times. However, firms that have adapted to the situation by switching to virtual and remote working have still been able to stand tall amid the commotion.
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How is Remote Working and Technology intertwined?
With corporate moguls like Twitter, Infosys, and Coca-Cola asking people to work from home, one can’t help but notice the indispensable technology in our lives. In the wake of the Coronavirus mayhem, people’s attitude towards the human touch has changed remarkably. Around 74% of the workforce prefer to work from home as remote working makes way for social distancing. Even after the lockdowns have been lifted off worldwide, most people want the prerogative to continue working from home. That is where technology comes in to make the process seamless and possible.
However, organisations do not have to go out of the way, all Matrix-style, to support employees working from home. You need just the bare minimum to maintain smooth communication, keep track of employees and help them work without any hindrances. So, what technologies do you invest in to support remote working?
5 Must-Have Technologies for Streamlining Remote Working
Besides offering compensation for data charges to employees and providing them with the required hardware, here are the technologies you need to invest in.
Edge Computing as an Extension of Cloud Computing
As data keeps increasing exponentially, companies like Amazon Web Services, Microsoft Azure, and Google Cloud are battling problems related to information management. As per the statistics, cloud computing spending is expected to grow more than six times by the end of 2021. You can well imagine the amount of data being processed at this moment. At this rate, cloud computing alone won’t able to regulate data. This is where edge computing resolves the latency issues and sends data to data centres for processing.
While your employees work from home to maintain social distancing, investing in edge computing to monitor data will be a wise choice. Here’s why.
- With an increase in devices like smartphones, smartwatches, and smart homes assistants, the Edge Computing market is expected to reach $6.72 billion.
- In addition to this, Edge Computing exists close to where the actual computing takes place. Hence, it is useful for processing time-sensitive data at remote locations.
Artificial Intelligence, Deep Learning and Machine Learning
As per the reports, global spending on cognitive and AI systems will reach $57.6 billion at the end of 2021. This is because of the developments going on in the field of Machine Learning, Deep Learning, and Artificial Neural Networks.
The pandemic has caused not only the worldwide advent of remote working but also remote selling and marketing. In this case, AI and Machine Learning can help your employees market and sell your products and services better. The points mentioned below are proof of that.
- Sentiment analysis, an application of Deep Learning, actually helps in analysing the customer experience.
- Virtual assistants like Siri, Alexa, Google Now, Cortana ease the workload by providing recommendations and reminders.
- Machine Learning also personalises news feed and allows companies to do better ad targeting.
- Moreover, Deep Learning is increasingly used for speech recognition, image recognition, and NLP.
- Most importantly, it is being used in robot navigation systems, which will come in handy (home-delivery) at a time like COVID-19.
Project Management Solutions for Group Productivity
Today, project management solutions like Basecamp, Teamwork Projects, Zoho Projects are being used to conduct office tasks. It helps in the proper scheduling of tasks, easier collaboration, and file sharing. In addition to this, supervisors are using ERP software like Sage Intacct, NetSuite ERP to monitor the daily activities of employees. ERP and CRM are the strongest types of business applications. 53% of businesses name these as priority investments. Other than project management solutions, here are some more management tools that you can invest in:
- You can use CRM solutions like Salesforce and Bitrix 24for content management and gain insight into customer engagement.
- Apart from this, you can rely on video conferencing platforms like Skype, Zoom, Google Hangouts for conducting meetings and screen-sharing.
- Management platforms like TeamViewer and Microsoft Teams serve as a one-stop solution to all the corporate requirements.
Supply Chain 4.0 for Streamlining Logistics
IoT, AI, Big Data, and Cloud Computing are the building blocks of Supply Chain 4.0. 41% of professionals use Supply Chain for data analysis. Today, more and more companies rely on this technology to forecast the distribution of goods and services. They can form strategies based on insights regarding sales, market trends, and customer behaviour. You can use Supply Chain 4.0 to assess assignment help the management crunch the numbers and predict the sales volume. Here is why this tech wonder is worth your hard-earned money!
- You can conduct Predictive Analysis based on advanced simulation modelling, Cohort analysis, Logistic Regression, etc. These algorithms form an integral part of AI.
- Moreover, Big Data helps in the examination of structured and unstructured data. Thus, it becomes easier for companies to recognise patterns regarding shipments, delivery, demand, etc.
- IoT collects information from all the associated devices and transfers them to a centralised database, thus increasing efficiency.
Blockchain Technology- Easy, Swift Online Transaction
Due to the COVID-19 pandemic, online transactions are becoming more relevant. People have already started using UPI platforms and net banking to avoid contact with others. And if this practice continues to trend, the worldwide spending on blockchain solutions will increase by 15.9 billion by 2023. With the shared distributed ledger technology, transactions are recorded only once, and no participant can tamper with the transaction details.
To get a clear view, let us consider an example. Suppose you purchase an item on Amazon. After your buy, a block for your splurge purchase will record your name along with Amazon.com Inc. In this regard, a digital signature will be used to ensure privacy. And, the next block, having a unique nonce and hash, will be created through a process called mining. Most importantly, blockchain has garnered a reputation for the swift and secured process.
The pandemic has unexpectedly hit us – both emotionally, physically and financially. Do your bit as a responsible earth-dweller by giving your employees the chance to stay home and work remotely. But do not have to worry about your organisation’s profitability or productivity. As you can see, the tech trends mentioned above can help you maintain remote working and ensure productivity in this post-pandemic world.
So, make your choice wisely and invest in the technologies as per the need of your company and employees. Be a part of the technological revolution that will take the corporate sector by a storm and leverage it to your advantage.
Author Bio: Suhana is a passionate blogger and digital marketing enthusiast. Suhana Williams is one of the most talented assignment experts who also provide programming help through Myassignmenthelp. She enjoys the ever-evolving world of digital marketing and loves to share her opinion on every possible update with her audience. When not creating magic with her words, you can find her sky-diving or trekking in the most bizarre locations.