Search Results for: investments

October 5, 2022

Condeco and iOffice + SpaceIQ announce merger

Investment firm Thoma Bravo has announced the merger of Condeco, a provider of workspace scheduling software with workplace and asset management firm iOffice + SpaceIQ to create a new business called Eptura. The firm claims that the “strategic combination creates a global worktech leader that provides software solutions to power the modern workplace”. The merger follows previously announced investments in Condeco and iOffice + SpaceIQ by Thoma Bravo and JMI Equity, who will remain the primary investors in Eptura. Terms of the transaction have not been disclosed. More →

September 9, 2022

Hybrid work may be ‘here to stay’, but the office remains essential for many businesses

by Neil Franklin • Flexible working, News, Property, Workplace design

As businesses continue to evolve their workplaces to best meet the needs of their employees, JLL’s global Future of Work Survey claims that 72 percent of decision makers believe the office is critical to doing business. The research shows that over the next several years companies anticipate hybrid work to become the dominant model and will be looking across their real estate portfolios to re-think their office spaces, invest in new technology, including virtual offices, and prioritise sustainability. More →

June 27, 2022

Two thirds of those working from home suspect their employer thinks they are less productive

by Neil Franklin • Flexible working, News

Employers appear to lack trust in their workers to decide where they are the most productive, with more people now returning to the office full-time. Whilst 76 percent of UK respondents said they are more productive working remotely or are just as productive as they are in the office, 65 percent also believe their employer is concerned they are actually less productive when working from home. According to the fifth quarterly Talent Index from Beamery, almost half of workers (44 percent) in the UK say they have been asked to return to the office full-time with almost nine out of ten (88 percent) saying their employer sees staff returning to the office as essential and important. More →

June 21, 2022

Flexible working options can support women in the workplace

by Dr Gabriella Rosen Kellerman • Comment, Flexible working, Wellbeing

As of May 2022, more than one hundred years after the passage of the Sex Disqualification Removal Act – legislation which opened the workplace equally to women – more than half of the UK’s female professionals are at risk of leaving their jobs. As a recent study showed, 52 percent of women in the UK say they are either considering leaving or have already left a role due to lack of flexibility. The widespread nature of this “Flexidus” is chilling. The pandemic has already set back women’s participation in the workforce back 22 years behind men. How can businesses respond with the flexible working choices that many women are seeking? More →

June 13, 2022

Is hybrid working the final cure for workplace woes or the beginning of something better?

by Jo Sutherland • Comment, Wellbeing, Workplace design

This year’s World Workplace Europe saw 2022 hailed as the year of the worker. A worthwhile focus considering negative emotions are on the rise, with more depression, anxiety and loneliness plaguing society despite the claimed benefits of hybrid working. The pandemic robbed us of many things. It restricted our freedom for two years and forced us to live, love and work in a way that felt a little less human. But at least there was a sense of unity, working together for the common good, a mask-muffled cry of “all for one and one for all” as people considered how their actions would and could impact others. More →

June 1, 2022

Sedus Stoll Group ends the 2021 financial year on a positive note

by Freddie Steele • Company news

With a turnover of EUR 195.9 million, the Sedus Stoll Group was able to record sales growth of 6.5 percent over the 2021 financial year. Despite the continuing challenges of COVID-19 and extraordinary cost increases in the energy, transport and material sectors, the Group’s net profit for the year was EUR 2.6 million. The Sedus Stoll Group further expanded its position as a European player in 2021: With revenues of around EUR 88.6 million, the Group was able to record an increase of 18.6 percent overseas. The group of companies further strengthened its market position, in particular, with international business customers. More →

May 19, 2022

Reinventing procurement for a post pandemic world

by Stuart Waine • Business, Company news, Technology

Most businesses have undergone some form of digital transformation over the last two years simply to remain afloat. This has typically involved a total shift to the cloud, the relocation of inhouse comms rooms to co-location facilities, or incorporating remote login functionality into core IT systems to support home/hybrid working. This also boosted the demand for cloud computing courses. Whilst 5G, all fibre broadband and cloud computing have been gaining traction for a while, the pandemic has given agile working a turbocharge. This change has resulting in businesses relocating to smaller premises with flexible, more appealing leasing contracts. Hybrid working has also affected many internal departments, none more so than procurement which has been totally transformed More →

April 8, 2022

The Metaverse in the workplace: Meta’s wobble may affect how we use emerging technologies

by Neal Riley • Comment, Technology

There has been much talk over the past two years of the adoption of hybrid working for elephant-in-the-room reasons and it is now the case that the practice is being widely adopted by many organisations. Knocking at our office doors now is the next big talking point in terms of technology: the Metaverse. There has been much speculation recently on how this collective, virtual open space, which incorporates environments including those in which to shop, learn, be entertained and, of course, work, will evolve. It has been described as the ‘next chapter of the Internet’ and is created by the convergence of virtually enhanced physical and digital reality. More →

March 31, 2022

UK tech talent shifts from London to other cities

by Neil Franklin • Cities, News, Workplace

The number of professionals with technology skills is expanding at a faster pace in the North of England than in London and the South of England, as demand for technology talent increases around the country, according to the latest U.K. Tech Talent Tracker from Accenture. The tracker, which analyses LinkedIn’s Professional Network data, finds that the pool of technology talent in cities in the North of England has grown on average by 15 percent in the last year, outpacing southern cities that grew on average at 9 percent. Technology talent in cities across Scotland and Wales has grown on average by 5 percent and 9 percent respectively. More →

March 17, 2022

Technology and talent should be main focus for business leaders now

by Neil Franklin • Flexible working, News, Technology

Businesses are investing in technology to expand online operations and facilitate remote work during the pandemic. But many of those same businesses are also eager to see their employees return to the workplace in greater numbers over the long term. Those are among the findings of a new survey of small and midsized business leaders conducted by The Harris Poll and sponsored by CIT, a division of First Citizens Bank. More →

February 17, 2022

ESG issues top wish-lists for investors and employees

by Neil Franklin • Environment, News, Workplace

The annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. More →

February 7, 2022

Net zero climate pledges of major companies hide their true intentions

by Neil Franklin • Environment, News, Property

The headline climate pledges of 25 of the world’s largest companies in reality only commit to reduce their emissions by 40 percent on average, not 100 percent as suggested by their “net zero” and “carbon neutral” claims, according to a new analysis. These are the findings of the Corporate Climate Responsibility Monitor released today, conducted by NewClimate Institute in collaboration with Carbon Market Watch. It evaluates 25 major companies – operating across different sectors and geographies – to determine the transparency and integrity of their headline climate pledges. More →