Future Of Work Trends For 2022

Digital Transformation of the Workplace at Scale Occurring in 2022

Digital transformation in the workplace is so fascinating. So many new life-work balance issues are arising let’s take a look at some of the biggest trends for 2022. So without further adieu, let’s get into it:

7 Ways Staff Augmentation Remarkably Scales Up Your Business

To meet the rapidly evolving business needs and customer expectations, organizations need experienced and reliable staff to manage specialized operations. A lack of qualified personnel can delay projects, damage brand rapport, and result in poor ROI. And searching for the right talent and onboarding can put HR under a lot of pressure. Staff augmentation is the solution to this challenge that can also streamline your organizational operations and help you succeed. Whatever your organizational needs might be, you can easily hire experts for your specific projects. But the best part about outsourcing is that it enables organizations to save costs, improve project visibility, and become future-ready with a skilled labor force. In this blog, we will discuss seven reasons why you should consider team augmentation as opposed to acquiring people on your own. We will also list the top features that you should search for while choosing an augmentation service.

Artificial Intelligence and Data Management

Data is the lifeblood of industry today. Understanding how to harness and use the wealth of information created by our increasingly digitized businesses and operations is key to understanding how to meet the needs of customers more effectively and do it in a way that is less wasteful as well as more cost-effective.

Increasingly, AI is the key to unlocking that understanding. The data is there, and we have the technology to capture it – from smart machines, and internet of things (IoT) equipment, as well as our customers and workforces. The challenge is that there’s just so much of it that it’s very hard to get at the real meaning using purely traditional means like business intelligence or traditional analytics. This is why we need AI.

AI – which, in a business context today, generally refers to machine learning (ML) – means analytics that are as close as it’s possible to get (yet) to having a human-level understanding of data. This means being capable of understanding messy, unstructured information as well as the neat, tidy tables and databases that computers are traditionally good at analyzing.
AI – computers that can think like people – is amazing and until just a few short years ago was something you’d only really hear about in either science fiction or if you were involved in top-level academia. Today it’s very real and is having a very real impact. It's an umbrella term for a number of technologies, including machine vision (computers that can see), natural language processing (computers that can understand and reply to us in human languages), and deep learning. But perhaps its most exciting function is how it interacts with all of the other important tech trends – enabling smarter 5G networks, intelligent edge computing devices, and more accurate, useful digital twins. Read more on Forbes.Com 

4 Ways Any Business Can Use Blockchain

More than just Bitcoin, blockchain is changing the way small businesses do business. Blockchain may have gained notoriety as the technology that provides the infrastructure for Bitcoin, but it’s playing a bigger role in business, including small and midsize businesses (SMBs).

At its most basic, blockchain is a more efficient way of storing information. What makes it more powerful than any other file-sharing service is that data isn’t stored from the point of view of anyone participating, but rather from everyone’s point of view in agreement. That means that two parties sharing a document will always be looking at the same exact copy of that information, eliminating the time-consuming back-and-forth that comes from ensuring that everyone has the same version of, say, a contract or an invoice. Blockchain creates an audit trail that everyone can see in real-time. Read more on Inc.com

Human Resources Automation and Deep Learning Software

Going into 2022, more organizations are transforming their human resources departments as they leverage data analytics, indirect sourcing, and talent acquisition. HR workers can also use data to find out why employees are leaving their organizations and stem turnover.

New screening tools that leverage A.I. or even facial recognition are being used to improve the analysis of interviews and potential candidates. AI is a powerful technology that can help HR improve how we recruit, hire, measure, compensate and develop people. Heading into 2023 the labor shortage also improves how organizations utilize data analytics and A.I. to optimize their HR processes.

The Founder’s Guide to Startup Fundraising

You’ve heard it before: when the majority of startups fail, it’s usually because of funding issues. There are many costs associated with starting a business, such as legal fees, permits and registration, and more. That doesn’t even include the costs for hiring or developing a product.

But acquiring funding is also getting easier as alternatives to traditional loans become more common in the startup space. With the right preparation and strategy, you can avoid being one of the 38% of startups that flop due to cash shortages. The key is knowing how to navigate the space and speak the language of investors.
To that end, we’ll explore some important aspects of startup fundraising etiquette and best practices, broken down into the three phases of the process. Read more on allBusiness.com