Trying to envision the future of work has become an elemental part of the business mindset since the coronavirus pandemic emerged, with the firm International Data Corp. forecasting that FoW spending will reach nearly $656 billion this year, up more than 17% compared to last year.
To facilitate the new reality of work and the evolving workforce, companies are investing in a growing range of technologies and services. IDC predicts the largest area of investment this year will be in hardware, encompassing enterprise hardware, infrastructure as a service (IaaS), robotics and drones.
Data intelligence firm The Morning Consult partnered with The New York Times and payroll firm TriNet on a study which revealed that the pandemic has accelerated digital transformation and adjusted workplace scenarios at small businesses in all industries, with 87% of small businesses acquiring or upgrading one or more pieces of digital technology since the pandemic began.
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