Search Results for: cyber

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

by • AI, Business, News, Technology

A quarter of CEOs intend to cut their headcounts by at least five percent "due to generative AIThe proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. (more…)

Threat of recession means half of firms say they have stopped innovating

Threat of recession means half of firms say they have stopped innovating

by • Business, News

Half of UK C-suites (50 percent) say that the threat of recession has meant innovation has ceased in their businessHalf of UK C-suites (50 percent) say that the threat of recession has meant innovation has ceased in their business, according to brand new research from consultancy Magnetic. Just 22 percent disagree, with 28 percent undecided. This corroborates the 56 percent who say they’re prioritising the survival of their business above all else; an especially concerning figure when two-thirds of the sample are large businesses with more than 250 employees. (more…)

Hybrid working should be supported by a licence

Hybrid working should be supported by a licence

by • Flexible working, News, Wellbeing

A new report from workplace consultancy Advanced Workplace Associates (AWA) suggests that organisations could introduce a licensing system to ensure employees have the conditions to deliver high performance and work safely, in a hybrid working modelA new report from workplace consultancy Advanced Workplace Associates (AWA) suggests that organisations could introduce a licensing system to ensure employees have the conditions to deliver high performance and work safely, in a hybrid working model. This follows AWA’s most recent Hybrid Index Report, a study of nearly 120 workplaces in 22 countries, representing 155,000 employees, which found that workers are still only coming into the office an average of 1.75 days a week. (more…)

AI is giving business leaders the heebie-jeebies, new poll suggests

AI is giving business leaders the heebie-jeebies, new poll suggests

by • News

An overwhelming majority of business leaders (94 percent) admit to some form of 'tech anxiety' when it comes to AI, according to a new surveyAn overwhelming majority of business leaders (94 percent) admit to some form of ‘tech anxiety’ when it comes to AI and other technology, according to a new survey from Kin + Carta. This anxiety is on the rise as the pace of digital and technological change accelerates, and is prompting top executives to invest more in digital transformation, according to the survey. The report defines tech anxiety as the feeling senior leaders have as a result of the rapid pace of advancements in technology that are causing concern when it comes to how their business operates. While the top source of that anxiety is cyber security (cited by 24 percent of respondents), close behind, and rounding out the top three, are concerns over AI and machine learning (19 percent), and anxieties about sustainability strategy and tracking (17 percent). (more…)

Artificial intelligence will boost short term headcount, claim half of employers

Artificial intelligence will boost short term headcount, claim half of employers

by • News, Technology, Workplace

More than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two yearsMore than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two years, according to a survey by Experis, a part of ManpowerGroup.  The survey of 2,000+ British employers also suggests that more than two thirds (69 percent) of businesses expect AI tools and technologies – including ChatGPT, Machine Learning and Virtual Reality – to have a positive impact on upskilling and reskilling, as well as on employee training (68 percent). 67 percent of British organisations anticipate a positive impact on employee engagement because of AI technology, and 60 percent think it can positively impact the onboarding process too. (more…)

Around a quarter of jobs will shift over the next five years, WEF report claims

Around a quarter of jobs will shift over the next five years, WEF report claims

by • News, Workplace

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic ForumAlmost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment. The data is an extrapolation of data from 803 employers employing around 11 million people. (more…)

Remote workers have a few favourite excuses for not doing any work

Remote workers have a few favourite excuses for not doing any work

by • Flexible working, News

A new poll claims that technical difficulties are among the most common excuses for not working by remote workersA new poll claims that technical difficulties are among the most common excuses for not working by remote workers. Unexpected family events, sick family members, and other family emergencies come second with 18 percent. Other work obligations like attending a virtual meeting, or urgent tasks that require immediate attention are at the end of the list with 10 percent. (more…)

Canary Wharf Group shifts its focus to life sciences sector

Canary Wharf Group shifts its focus to life sciences sector

by • News, Property

The development of a major life science cluster at Canary Wharf continues to build momentum with a range of life sciences focused start-ups and scaleup businesses joining the growing community of technology businessesThe development of a major life science cluster at Canary Wharf continues to build momentum with a range of life sciences focused start-ups and scaleup businesses joining the growing community of technology businesses at its specialist co-working and office hub, Level39, according to a new statement from Canary Wharf Group. Launched by Canary Wharf Group ten years ago, Level 39 is now home to over 180 start-ups and scaleups innovating in FinTech, Cyber Security, CleanTech, Blockchain, Life Sciences and HealthTech. (more…)

One in four people will work from abroad this year, and many won’t tell their employer

One in four people will work from abroad this year, and many won’t tell their employer

by • Flexible working, News

One in four (23 percent) UK office workers plan to take advantage of remote working to log on from abroad in 2023, with a third (32 percent) doing so against company rules, according to new research by the risk management and insurance broker, Gallagher. The survey of more than 2,000 UK office workers claims that the dramatic increase in hybrid working post pandemic now extends to a “work from anywhere” culture. But employees choosing to locate themselves overseas brings risk implications for their employer, as well as themselves. (more…)

Hybrid working not always well supported by current tech infrastructure

Hybrid working not always well supported by current tech infrastructure

by • Flexible working, News, Technology

A steampunk office illustrating the poor state of tech supporting hybrid workingAlmost two thirds (63 percent) of IT directors are not very confident in their IT estate’s ability to fully support hybrid working, but over seven-in ten (71 percent) of organisations are not placing IT investment at the top of the priority list. These are among the findings from a new poll undertaken by Apogee Corporation. Due to limitations with the current IT setup, 89 percent of respondents identify that it is preventing effective collaboration, with almost half (48 percent) admitting that remote staff don’t have access to the same solutions as office workers. (more…)

Two-thirds of European SMEs are unprepared for hybrid working

Two-thirds of European SMEs are unprepared for hybrid working

by • Company news, Flexible working, Technology

hybrid workingA new poll from Dynabook Europe claims that many European small and medium sized enterprises are still grappling with the challenges of hybrid working, with two-thirds (67 percent) yet to fully optimise their IT solutions for this. The study, commissioned by Dynabook in partnership with Walnut Unlimited, surveyed 1,202 IT decision-makers at SMEs across the UK, France, Germany, Spain, Netherlands, Belgium and Italy. (more…)

UK ranks 17th worldwide for remote work

UK ranks 17th worldwide for remote work

by • Flexible working, News, Technology

remote workingThe UK ranks 17th in the world for remote work, according to a new report released by NordLayer. The report evaluated 66 countries in total. The report claims that the two biggest factors in the UK’s score are a relatively low cybersecurity ranking and a lower than expected digital and physical infrastructure ranking. The report concludes that the UK is not necessarily unsafe to work digitally but is taking longer than other countries to adapt and evolve digital practices and standards. (more…)

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