Remote work, home office, work from home, telework are some of the terms used to describe settings where workers are not physically present in the office of their employer or the purchaser of their services. The concept mainly works for jobs and tasks that involve a large amount of screen work. The advancement of digitalization and the shift to a more knowledge-based economy in many countries have made the option of remote work more realistic for employers and employees. For example, roughly half of all jobs could be done in a remote setting in the United States.
The infrastructure of remote work: Broadband, cloud, and collaboration tools
The increasing availability of stable, reliable, and fast fixed and mobile broadband connections, along with the rise of cloud computing, provides the backbone infrastructure for work from home. The steady growth of cloud solutions offers companies and workers alike the flexibility to have access to data and tools from anywhere. Spendings from small and medium-sized businesses on cloud-based business applications, collaboration tools, cybersecurity, and remotely managed IT services are projected to grow by almost 100 billion U.S. dollars over the next few years for example. Spending for on-premises solutions is forecast to stay nearly flat on the other hand.
Placed on top of the fundamental infrastructure, collaboration and communication tools provide the necessary services to work collaboratively as a team in remote settings. In line with the growth trend of the cloud market, the revenue from the cloud email and collaboration market is set to double in size by 2024 compared to 2020.
Benefits and challenges of WFH for employees
The main benefits of working from home for employees are a more flexible schedule and saving the commute as well as money. The option to work from anywhere and the possibility to spend more time with family are other reasons why people want to work remotely.
Some of the challenges people deal with when working from home are difficulties with communication and collaboration, loneliness, distractions at home, and disconnection from work.
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In the following 8 chapters, you will quickly find the 59 most important statistics relating to "Work from home & remote work".