Search Results for: technologies

The world will be completely awash with information by 2025 and firms should adapt soon

The world will be completely awash with information by 2025 and firms should adapt soon 0

by • News, Technology

The amount of data humans and their devices create will rise to 163 zettabytes over the next eight years, according to a new report from data firm Seagate. That is ten times as much as we created last year. As usual, the amount of data described in the report is inconceivable. A linguist called Mark Liberman once estimated that every word ever uttered by human beings would create around 42ZB of stored data. So if I were to make up a fact such as that a printout of 163ZB of data could create a planet the size of Neptune, you’d have to believe it. It’s a lot and it’s rising exponentially, that’s all we need to know. The interesting thing apart from the scale of the storage issue, is that the major source of the increase will be businesses not humans and that by 2025, we will be interacting with an Internet of Things connected device an average of 4,800 times a day.

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Designing space for virtual collaboration in an untethered world

Designing space for virtual collaboration in an untethered world 0

by • Case studies, Premium Content, Technology, Workplace design

collaboration and technologyWorking with colleagues across different geographies and time zones has become the norm since an increasing number of organisations now integrate and seek collaboration at a global level. Interestingly, according to Cisco, 62 percent of workers now regularly collaborate with people in other countries. These globally integrated enterprises (GIE) aim to draw in the best talent from across the world, delivering maximum innovation and efficiency. The rise of global and distributed teams has been further encouraged by the popularity of remote working, with 71 percent of office workers now choosing greater flexibility to work from various locations instead of travelling to the office everyday . And the trend only looks set to gain pace, with 56 percent of senior leaders in large global companies expecting global teams to increase in the next one to three years.

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Social technology has the power to make the workplace more humane

Social technology has the power to make the workplace more humane

by • Comment, Technology, Workplace

Coloured-Social-Media-Icons-RoundSocial technology can, and should, make the workplace more humane. That’s because it has the potential and ability to shift the power dynamic from the few to the many. It gives more people a voice: one that they’re not afraid to use. You’ve only got to look at the uprisings, and the overthrowing of governments, in Egypt and Tunisia, to see the power of greater connectivity enabled by platforms such as Facebook. What was dubbed the Arab Spring was change on a grand scale. But, as Seth Godin points out in his book Tribes, it’s “tribes, not money, not factories,” that will change the world. The consequences of this are not lost on the people and cultural practices within organisations. The functions of how we recruit, how we learn, and how we communicate are all under pressure to bring greater humanity into the approach.

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Up to a third of UK jobs to be displaced by robots in near future

Up to a third of UK jobs to be displaced by robots in near future 0

by • News, Technology

The latest report to examine the disruptive potential of robots in the workplace has been published by PwC as part of the firm’s regular Economic Outlook series. The study claims that up to 30 percent of existing UK jobs will be susceptible to automation by robots and Artificial Intelligence by the early 2030s, although in many cases the nature of jobs will change rather than disappear and the change will increase productivity and wealth. This is lower than the US at 38 percent and Germany at 35 percent, but higher than Japan at 21 percent. The report looks in detail at the composition of jobs in different industry sectors and occupations, using machine learning techniques to model the potential impact of AI in the future based on OECD data. The likelihood of automation appears highest in sectors such as transport, manufacturing, and wholesale and retail, and lower in education, health and social work.

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New report identifies ways facilities management contributes to business success

New report identifies ways facilities management contributes to business success 0

by • Facilities management, News, Property

RICS in collaboration with IFMA has now published the full version of Part III in its ‘Raising the Bar’ research series. The report, written by Occupiers Journal, makes a case for how facilities management makes contributes to business success and organisational effectiveness and reviews the current state of the FM sector. An Executive Summary  of Raising the Bar: From Operational Excellence to Strategic Impact in FM is also available. Both versions of the review identify the key issues facing the facilities management sector and suggest ways forward for how FM can build recognition and understanding within the boardroom, among other business leaders, and with related infrastructure groups.

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The digital revolution is polarising the labour market and increasing wage inequality

The digital revolution is polarising the labour market and increasing wage inequality 0

by • News, Technology

The increasing ability of machines to perform cognitive, physical, and social tasks has polarised labour markets by “hollowing out” demand for middle-skill jobs, claims a new report published by IZA World of Labor based on research from economist Michael Gibbs of Chicago Booth School of Business. It suggests that analytical, problem solving, and social and communication skills are likely to be most valued in employees in the future. The new report finds that the advance of technology has opposing effects on jobs. It facilitates automation, creating fewer and less motivating middle-skill jobs. Conversely, it complements social and innovation tasks, creating more interesting low- and high-skill jobs. This causes labour market polarisation, “hollowing out” demand for middle-skill jobs, and increasing wage inequality.

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Age remains the biggest obstacle to career progression in Europe

Age remains the biggest obstacle to career progression in Europe 0

by • News, Workplace

European employees feel that age is the biggest factor preventing them from progressing in their career, according to research of nearly 10,000 European working adults by ADP. A fifth of employees name age as their biggest obstacle, followed by favouritism (7 percent), lack of opportunities with current employer (7 percent), qualifications (5 percent), and family needs (5 percent). Age is a particularly cited obstacle in the Netherlands (24 percent), Switzerland (21 percent) and the UK (20 percent). This issue increases as workers get older, with 46 percent of over 55s and 27 percent of those aged 45-54 feeling this way. This situation may reflect the increasing generational diversity of the workforce, as five generations of employees will soon be working side by side. Advancing technologies and more significant age differences in the workforce are likely to be isolating older workers, who may feel outdated by a younger, tech-ready generation.

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What the budget meant for the workplace; experts have their say

What the budget meant for the workplace; experts have their say 0

by • Flexible working, News, Property, Technology

BudgetAs has been the case with recent UK Government Budget announcements, Chancellor Philip Hammond’s first Budget addressed a number of issues related to the workplace, technology and infrastructure. It was the first Budget delivered in the post Brexit era and this clearly informed many of the announcements made. While most of the headlines over the past 24 hours have related to the changes to the tax status of the self-employed as a way of raising around £2 billion, the announcements also covered a broad range of topics related to the workplace, HR, technology and property sectors and have drawn an immediate response from key figures in the sector. These include nearly half a billion pounds relief on the vexed question of business rates reforms, a new focus on technical qualifications and a greater investment in 5G and other forms of digital infrastructure. We’ll be having our own say about the implications of the Budget in the near future, but in the meantime, here’s a rundown of the key announcements and the reaction of industry experts.

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Use of mobile technology is key for European businesses in attracting best talent pool

Use of mobile technology is key for European businesses in attracting best talent pool 0

by • News, Technology, Workplace

Use of mobile technology is key for European businesses in attracting best talent pool

If European employers want to attract the best job candidates, they need to utilise the latest mobile technologies to attract the right talent pool, a new report commissioned by the Futurestep division of Korn Ferry, has claimed. In a digital and mobile-first world, where candidates browse potential jobs and apply via mobile devices, just 20 percent of respondents in EMEA use mobile technology tools for recruitment – the lowest usage rates in the global study. In addition, just 45 percent say they use video interviewing, while only 46 percent use online assessment tools. According to Talent Forecast, the second part of a major global survey into recruitment and engagement which polled more than 1,100 hiring professionals  this represents a missed opportunity as these can help make the talent acquisition process streamlined and more efficient.

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Over two thirds of people now use a smartphone, but sales are stalling

Over two thirds of people now use a smartphone, but sales are stalling 0

by • News, Technology

Google smartphone

Over two thirds of people in developed markets worldwide now own a smartphone, according to a study of 625,000 people by Google and researchers Kantar. But sales in major markets fell 2 percent last year as the market reached full maturity with consumers reluctant to change brands and vendors increasingly focussed on selling upgrades and replacing existing devices. The five-year study found that 70 percent now use a smartphone, up from 51 percent in 2012. Dependence on the devices is also growing with 54 percent preferring to carry out a task digitally, two-thirds (65 percent) use the smartphone to go online ‘at least as much’ as a computer, and 76 percent using their smartphones or other connected devices while watching TV.

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Dyson announces plans for £2.5 billion tech campus in Wiltshire

Dyson announces plans for £2.5 billion tech campus in Wiltshire 0

by • News, Property, Technology

Entrepreneur and inventor Sir James Dyson is to create a 517 acre campus in the Cotswolds as part of a £2.5 billion investment to establish a robotics and artificial intelligence firm capable of taking on the likes of Google, Amazon and Facebook. Although Dyson has previously come under fire for his decision to site parts of his operation overseas, the creation of the facility is the biggest investment in the UK’s technology since the Brexit vote. The firm has consistently increased its headcount in the UK in recent years and now employs around 3,500 people in its home market. The latest announcement is expected to see that increase that to 14,000, many of them highly skilled engineers and scientists. The location is a former RAF base in Hullavington, Wiltshire, and will aim to significantly shift the perception of the firm as primarily a vendor of vacuum cleaners to become a pioneer of AI, robotics and high density power systems.

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Employers not ready for digital disruption, where tech and people work side by side

Employers not ready for digital disruption, where tech and people work side by side 0

by • Facilities management, News, Technology, Workplace, Workplace design

Very few organisations are ready to manage a workforce where the latest technologies and people work side by side. Just 13 percent of UK companies are ready to respond to digital disruption and create “the organisation of the future”; despite 88 per cent believing this has become a priority. This is according to the 2017 Deloitte Global Human Capital Trends survey, which tracks the top trends shaping the agenda for HR and business leaders. However, while UK companies believe they are ill-prepared for the change brought by digital disruption, this has not stopped many of them from embracing disruptive technologies. 42 per cent report that they have adopted robotics, cognitive and artificial intelligence (AI) technologies within all or parts of their workforce. Another 42 per cent are running pilots in certain areas of their organisation. But only 16 per cent say they are ready to manage a workforce with people, robots and AI working side by side.

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