Most of us would agree 2020 was a year like no other. Since its emergence in late 2019 in Wuhan, China, the Coronavirus would go on to rampage its way around the world, leaving a trail of death and destruction in its wake. Indeed, it felt no corner of society remained unscathed from the effects of the virus, which changed almost all aspects of modern life.
However, while COVID brought with it seemingly endless unwanted changes to how we live and socialize, its effects have arguably been most dramatic across the world of business. With enforced lock downs and social distancing, firms were forced to move their operations almost completely online, adopting remote working policies and relying on e-commerce operations to turn a profit still.
Cloud technology became the operational backbone of many firms
Almost without exception, the firms that made it through the COVID storm were those that were already active online with superior networks and the unrivaled protection offered by endpoint detection and response (EDR).
The lockdown and remote working practices imposed by the Coronavirus served to highlight just how important a robust network infrastructure is to companies these days. With staff prevented from attending the traditional workplace, the need for remote networks was made all the more apparent as companies moved almost entirely online to remain to function.
Why home-working and cloud tech is likely to endure
Even as we slowly emerge from the worst of the virus and the promise of vaccinations bring the light at the end of the tunnel and a return to something nearing normality, there’s little doubt that home-working will remain for some time to come – and, in some cases, may even become permanent (Twitter recently announced its employees would no longer need to attend their offices to work).
Indeed, many firms have reported highly positive feedback to their new remote working operations, including:
Reduced operating overhead: By moving staff online, many firms could downsize their premises plus enjoyed reduced operating costs like rent, rates, and utility bills.
Higher employee engagement: Considerable research has shown that remote working increases employee productivity by around 35% to 40%. Moreover, there is a proven 41% less absenteeism in staff.
Staff using their own equipment: The majority of firms provide staff with devices for work (e.g., desktop, desk, phone, etc.); however, by moving to the remote working model, some of this equipment outlay could be transferred onto the employees themselves, again freeing up much-needed capital.
Staff retention: It’s worth remembering, your employees are first and foremost people and, just like the rest of us, want to strike a better work/life balance. Indeed, in a recent survey, 54% of employees stated they would move to another job in a different company if it offered greater flexibility in terms of how and where they worked.
The take out
With or without the presence of COVID, working with cloud tech can greatly increase your firm’s profitability and productivity. Moreover, in a world post-virus, remote working will likely remain a feature of modern work practices. With reduced costs and increased throughput, it’s clear why many firms view the virus as the perfect opportunity to revise how they’ll work in the future.