Why Should You Opt for Digital Workplace for Your Enterprise?
Do you want to stay competitive in this cut-throat era? It’s time to rely on digital transformation, and shifting to a digital workspace will be the first step that you can take.
Despite the world being restored to its normalcy after the pandemic, inflation, recovering from the pandemic-induced losses, and finally, minimizing the overhead charges are making businesses adopt a digital-first work model.
Today’s virtual equivalent of traditional workplaces is known as a “digital workplace.”
Employees may work from anywhere, on any device, at any time, with access to the data, applications, and collaboration capabilities offered by the Digital Workplace Experience.
If you have a large or mid-sized company and want to create a digital workplace for your enterprise that can facilitate work in an advanced way, digital workplace tools can help. Octonius is a work management platform that can provide reliable and high-quality work and coordination and help your team be more productive.
There are several reasons to build a digital workplace that you may want to consider:
5 Benefits of Digital Workplace in Business
Digital Workplace has various things to offer. The digital workspace market is anticipated to grow at a CAGR of 21.3% by 2026. That is why 95% of organizations believe in the power of the Digital Workplace. In detail, let us explore several reasons to build a digital workplace for your enterprise.
1. Reduction in Operational Cost
Virtual meetings and discussion forums help promote in-person collaboration while saving money on travel and overhead costs like office space and furniture. A large IT crew won’t be needed if you pick a SAAS platform to manage on-premise servers or specialized software that doesn’t need constant maintenance and monitoring.
In addition, a flexible digital workplace for your enterprise needs no additional IT configuration or training since they are so easy to use and set up. The money saved by adapting to a virtual workspace can be better utilized to enhance old products and launch newer offerings, better employee incentives, and even better deals and offers for end-users.
2. Enhanced Productivity
We are now in the era of sharing Google Docs where one or many can see the changes done on the sheet. All the online meeting tools also aid in a sharing screen where we can present our projects or coordinate with our team in real-time. These breakthroughs expedite workflows and let employees do more work in a shorter time while working remotely.
As of 2022, around 16% of companies worldwide are fully remote, and a surprising number of 77% of remote employees feel they are more productive at home rather than at the office. For employers, this means implementing digital workplace initiatives can help retain and attract talent and raise employees’ job satisfaction.
3. Increase in Sales & Revenue
With the implementation of a digital workspace, companies will be able to increase by 43% revenue along with 53% employee engagement and 67% productivity. It is due to the fact when your employees are engaged, and they effectively participate in the company’s objectives.
A digital workplace for your enterprise can aid in streamlining work procedures and removing some distractions that impede efficiency. This allows workers to deliberate about when, where, and how they work, which might encourage them to stay disciplined and finish the task when it counts.
4. Increased Flexibility
In a digital workplace, employees have greater flexibility in their work surroundings and schedules. Your workers may engage from anywhere using digital solutions like mobile intranet software, eliminating the need for a fixed timetable.
Moreover, employers also benefit from this kind of setup. Their ability to strike a better balance between their personal and professional lives has improved these days drastically. Platforms for the digital workplace might effectively increase working standards and reduce unnecessary distractions. Remote workplaces allow companies to hire talents from anywhere across the globe, leading to an improved workforce.
5. Better Employee Experience
Collaboration technologies promote employee connection and communication, including employee directories, social profiles, and activity feeds. This solid professional relationship via digital workspace fosters cooperation and a sense of togetherness.
The employee journey may be shaped and supported using a digital workplace at many interfaces. It may be used to provide new workers instant access to all the information they need throughout the onboarding process when they are quickly learning about their new position and the firm.
Apart from the points mentioned above, it has several other impressive benefits such as employee satisfaction, augmented customer satisfaction, unity in the workforce, opportunities for employees to work remotely, collaborative culture, and more.
Pros and Cons of Digital Workplace
Though there is better work-life balance opportunity in the digital workspace, the three biggest challenges with remote work are loneliness, communication gap, and unplugging after work.
Despite the advantages of digital workplaces, when you need a digital workplace for your enterprise, you must also check some of its drawbacks. As we discussed the pros earlier, it is time to look for the cons. These are:
Better IT support and infrastructure
As technology and software evolve, remote services will need to update the software and manage the IT infrastructure continuously. Additional training may be required for utilizing the continuing upgrades, and workers must continually adjust to the changes. These all upgrades demand additional funding for the company to bear.
Threats of Data Breaching
As a result of their heavy reliance on technology, most companies are easy prey for hackers. Data security may be challenging, especially if security standards don’t cover the data and information in your organization. Every year, the world’s top tech brands risk 9-12% of their brand value due to data breaches. A cyber-attack could be detrimental to the business and its stakeholders. You cannot take this issue lightly when you need a digital workplace for your company.
Excessive Technology Dependence
There are no assurances that the technologies used in a company will function properly every time. It will be alarming if a company runs all of its activities on a digital workspace and faces frequent technical setbacks. Technology permeates every part of employee work, and its sudden glitches may eventually prove to be a drawback.
Coming up to a conclusion, we can only say that a digital workspace is an attractive solution for every company that wants to move forward. Along with several advantages, some limitations also come to the fore. Before you opt for a digital workplace for your enterprise, a professional consultation is a must.
For this, you can reach out to the personnel of Octonius and consult about all the intelligent work management features and tailor almost everything according to your requirements. With Octonius, there is guaranteed strong security for your workplace, monitoring the overall performance, team activity, and much more. For detailed information, visit our page at https://octonius.com/.