Digital Workplace – history, technology and market overview
The digital workplace is an organizational structure of an organization's workplace in an online setting. The workplace and the digital workplace are becoming ever more important in modern organizations. As a result of the Digital Revolution, many organizations have begun to shift the traditional workplace structure towards a digital workplace model. As defined by the Office of the Chief Technology Officer at the US federal government, the digital workplace is "an environment that maximizes the power of information and communication technology to improve business outcomes by bringing people together, creating better work and better business".
History
The term "digital workplace" was first introduced in 1998 by Robert K. Glushan in the article "The Next Wave of Organizational Innovation: The Digital Workplace". In this article, he also described the digital workplace as a "virtual organization", where management and employees could work "side-by-side". Later the term digital workplace was referred to as "online work", which is defined as "work done primarily online". The digital workplace is now used in both academic and industrial circles, in addition to governmental and industry circles. One key advantage of the digital workplace is the ease with which it can be implemented. Because most work is conducted online these days, it allows for a shift of work and business to online-only. This shift to online-only can benefit both workers and employers, as it can lower costs and raise productivity.
Technology
The digital workplace allows employees to work in an online environment, typically in the cloud. It also involves working from any device, whether it is a desktop, a laptop, a tablet or a phone. With the increase in technology, more and more digital devices such as smartphones, tablets and laptop computers are being used by employees for day-to-day tasks. These devices can allow employees to access online resources through the internet and work from anywhere in the world. The Office of the Chief Technology Officer at the U.S. Department of Homeland Security (DHS) states that the digital workplace, "promotes the adoption of current and future technologies and best practices to support a new, efficient and productive work environment." This allows workers to move freely across different geographical locations, even if they are working in different countries or even different time zones. Workers also feel comfortable working online, as it allows them to work in their own time and at their own pace, which may allow them to better plan their workload. This shift to a more casual working environment also allows workers to engage more in their work and not feel as though they are being monitored at all times. These factors allow workers to be more productive at their jobs.
The adoption of new technology is also beneficial to both employers and employees. Employers can use the information obtained from their employees to optimize the resources that are used at their workplace, increasing their overall efficiency. Employees are also able to utilize this information to help them better plan their workloads, thereby giving themselves a chance to succeed in their work. Because of the new technology that is being adopted into the workplace, employees are able to spend more time with their family and engage in other forms of personal leisure time, which can then help them to better work and succeed.
Market
The market is driven by the rapid growth of digital workplaces. These enable staff to communicate and work together from anywhere in the world and make collaboration easier. As collaboration has become a major topic of discussion within the business world and IT, digital workplaces have grown rapidly. These workplaces facilitate collaboration by offering employees a wide range of tools, such as cloud solutions for virtual meetings, collaborative software solutions, collaboration, task management and group management. Digital workplaces make collaboration easy by offering applications, such as team and project management software and collaboration solutions, and provide cloud solutions for virtual meetings, which is the only way to reach employees across the world. These solutions are used by employees for different kinds of tasks, including collaborative projects, virtual meetings, and business processes. They also support the use of social networking technologies for collaboration, thereby helping organizations increase employee productivity. The digital workplace market in Europe includes three business areas: online communication, virtual workplaces and collaboration.
The online communication segment encompasses software solutions that enable businesses to communicate with employees and customers. For example, this segment includes virtual meetings software solutions, as well as social media software solutions that enable employees to keep up with colleagues and customers. The virtual workplace segment includes software solutions that support virtual workplaces and enable employees to work together from any location. These solutions also include collaboration tools, such as document management, e-mail clients, and task management tools. The collaboration segment includes software solutions that enable users to quickly create meetings, share documents, and interact using online collaboration tools.
Rising markets
The market is expected to expand during the forecast period at a CAGR of 20.5%, and is estimated to reach $1.9 billion by 2025. The virtual workplaces segment is expected to have the highest market value in the segment. Virtual workplaces enable employees to work from different locations without being physically located at the same workplace. Virtual workplaces also enable employees to collaborate more efficiently and thus contribute more in their business units. In addition, virtual workplaces are one of the most popular and efficient ways to engage with customers and improve the productivity of employees. For example, an increasing number of companies have deployed virtual workplaces solutions, such as Yammer, Skype for Business, Office 365 or SION. In addition, various market participants are offering solutions for virtual workplaces and collaboration. For instance, Aetna, CA Technologies, Citrix, Microsoft, Adobe, Oracle, and PTC have offered virtual workplace and collaboration solutions. Furthermore, Cisco, Dell, Hewlett Packard Enterprise, and IBM have also introduced collaboration solutions to offer users the flexibility to collaborate in various ways.
Some of these companies have also started integrating their collaboration solutions with their virtual workplaces solutions to simplify the user experience. For example, CA Technologies has integrated Skype for Business and Microsoft Teams to provide users with a unified experience. On the other hand, the presence of many competitors in the market has impacted the growth of the market. However, market participants are increasingly adopting social networking technologies, such as Facebook and Twitter, to enhance the effectiveness of virtual workplaces. Furthermore, market participants are also trying to simplify the process of adopting virtual workplaces. For instance, Microsoft and Citrix have tried to simplify the process of deploying virtual workplaces solutions to end users. The adoption of virtual workplaces is expected to increase due to a need for workers to be more engaged and productive, as well as due to the rapid adoption of social networking technologies by users. For instance, the adoption of virtual workplaces and social networking technologies are expected to grow in the government and healthcare segments. However, the adoption of virtual workplaces and social networking technologies is expected to remain stagnant in the construction and automotive segments.
Growing Demand for Greater Productivity
The widespread adoption of social networking technologies has enabled users to collaborate using the Internet. This has also increased the demand for employees to use the Internet to collaborate and conduct business. For example, social networking technologies have allowed workers to communicate and collaborate in different ways. These technologies have not only improved communication, but they have also allowed workers to engage in other forms of collaboration, such as knowledge sharing and business planning. For instance, many companies and organizations have used social networking technologies to engage and facilitate communication between employees, and to keep employees updated with the latest projects and opportunities. Moreover, the widespread adoption of virtual workplaces has enabled workers to carry out day-to-day tasks from remote locations. Furthermore, virtual workplaces have the potential to offer several benefits, such as greater workplace productivity and engagement of workers. For instance, employees can easily communicate with their colleagues, and these interactions are more productive than face-to-face interactions. Additionally, the ability to conduct business remotely reduces the costs of business trips. Furthermore, these benefits are expected to drive the growth of the virtual workplace market. In addition, the need to collaborate and facilitate communication has led to a rise in the use of social networking technologies by employees. For instance, workers can participate in virtual learning through the use of social networking technologies. This has led to higher engagement among workers. As a result, the use of social networking technologies has increased due to a demand for social networking and communications. However, factors such as privacy concerns and regulatory restrictions hinder the growth of the virtual workplace market. Moreover, social networking technologies are often integrated with social media platforms. This hinders the adoption of social networking technologies by companies, as they would require employees to use multiple social networking platforms to conduct their business. The global virtual workplace market is projected to expand at a CAGR of more than 31.5% during the forecast period.
The market is expected to witness high demand due to the availability of social networking technologies, as social networking technologies have significantly increased the engagement between workers. Additionally, the growth of the virtual workplace market is driven by the increasing adoption of these technologies by organizations and organizations to increase employee productivity and engagement. Asia Pacific is projected to have the highest market value in the global virtual workplace market during the forecast period. This is primarily due to the rising demand for digital platforms in Asia Pacific.
As a result, Asia Pacific is expected to remain the largest market for virtual workplace technologies. Additionally, the availability of technologies in Asia Pacific, especially in China, has resulted in an increase in the demand for virtual workplaces. For instance, over 70% of China's population uses WeChat as an application. This is due to the fact that WeChat provides communication tools such as messages, social media, and videos, which are essential for conducting business and increasing productivity among employees. The growth of the virtual workplace market is expected to be driven by the expanding need to increase the productivity of employees and the increasing demand for collaboration among employees.
