Employers are facing multiple workforce-management challenges and are having difficulties coming up with novel strategies to attract and retain top talent. Gartner published a report highlighting the nine trends that will shape work in the future. Refer to Figure 1, below.
Statista claims that worldwide spending on digital transformation reached a staggering $1.59 trillion, an increase of 20% compared to 2020. While cloud-technology implementation investments lead the way, workforce transformation also remained extremely important. Upskilling and reskilling existing employees and introducing digital analytics in day-to-day work are top-priority deliverables.
Manufacturers have invested massively in technology and automation since the start of the pandemic in order to confront the challenges that accompanied this global phenomenon. Now, at the beginning of 2023, high inflation and market volatility have hit businesses hard, and companies are prioritizing digital tech and process automation investments, with some companies cutting their initial investments.
Digitizing tasks and activities for frontline workers, while providing real-time operational visibility and driving process optimization and improvement, across all areas of business operations.
