The Hybrid Work
Home / Office Model - How #Cloud Companies are Profiting (OTC: $EPAZ) (NYSE:
$WORK) (OTCQB: $DOCRF) (NASDAQ: $ZM) (NYSE: $AMC) @epazz @SlackHQ
@CloudMD_SS @Zoom @AMCTheatres
Point
Roberts WA, Delta, BC –July 8, 2021 - Investorideas.com, a
leading investor news resource covering cloud-based technology stocks releases
a special report on the new office/work environment as COVID restrictions are
lifted and many workers have become accustomed to working from home, featuring Epazz, Inc. (OTC:
EPAZ), a mission-critical cloud computing
software provider.
Read this in full
at https://www.investorideas.com/news/2021/technology/07091Hybrid-Work-Home-Office-Model.asp
As
workers were forced to work at home during the pandemic, the new work- at-home
model became more attractive than many companies expected, so the response to
opening up has been mixed and the new work station of the future is a hybrid of
both home and office buildings.
In
recent
news, companies like HSBC, KPMG
and Deutsche Bank said they would be implementing a "hybrid" strategy
which will see employees share their workload between home and office.
Ian Stuart, the Chief
Executive of HSBC UK said some workers had already returned to its headquarters
in a socially distanced environment in Centenary Square.
Perfectly positioned
to benefit for this new model, Epazz,
Inc. (OTC:
EPAZ), a mission-critical cloud computing
software provider, confirmed
recently that DeskFlex desk booking software is signing up new customers each
week as employees return to offices, but the success of working from home has
permanently changed how companies manage their employees and office spaces.
Companies are finding the hybrid model of allowing their employees to work
part-time at home and part-time at the office is working. Many companies have
employees complete individual tasks and light collaboration with team members
via video conferencing. Companies have found that heavy collaboration, such as
product development or strategy is best served in person - the hybrid model
allows for both. Large organizations are turning to desk booking software to
manage this process. DeskFlex desk booking software is the software of choice
for enterprises, governments, nonprofits and hospitals. Epazz will see an
increase in sales in its second quarter financials.
According to Survey
Monkey: "Two-thirds of workers who have
been working from home this year (65%) say their ideal choice for a future work
setup is one in which they could work both from home and from the office."
From the
news: “DeskFlex meeting room booking
software continuously adds new features and
functions that help public and private organizations, schools and enterprises
transition to the "new normal" post-vaccines. DeskFlex added vaccine
management to allow companies to track the percentage of employees who are
vaccinated. DeskFlex meeting room scheduling software recently added
COVID-19-compliant features, including the Thermal Scanner, Mask Detection,
Social Distancing Survey, Contact Tracing, Automatic Desk Sanitation, Dynamic Scheduling, Capacity Limits
and Visitor Management.”
From the
news:
“DeskFlex helps offices and schools prevent
infection within their vicinities. DeskFlex's room scheduling system can also quickly facilitate the contact tracing process in case
of an outbreak. Complimentary devices - such as Contactless Room Display, the
FlexCube, Bluetooth Beacons and the Lobby Kiosks - assist in the software's
functionality.”
Founded in 1997,
DeskFlex is a pioneer in desk booking software, conference room
booking and remote working concepts. For over 20
years, DeskFlex has continually improved to meet the demands and challenges of
organizations in different eras.
According to Shaun
Passley, PhD, CEO of Epazz, Inc., "We are gratified to announce that our
team is now working overtime to cater to different organizations that request
customized DeskFlex anti-COVID features and help them return to work or back to
school safely."
Earlier
in June, The Future Forum, a consortium launched by
Slack Technologies, Inc., (NYSE:
WORK) to help companies reimagine work in the
new digital-first workplace, released
a new global study that unpacks how 15 months
of pandemic work has shifted employee expectations. The Future Forum Pulse shows that flexibility now ranks second only to
compensation in determining job satisfaction: 93% of knowledge workers want a
flexible schedule, while 76% want flexibility in where they work.
And employers should
take note: One in five (21%) knowledge workers is likely to jump to a new
company in the next year, and more than half (56%) are open to looking for a
new position.
The Future Forum Pulse is based on data from
more than 10,000 knowledge workers in the U.S., Australia, Germany, Japan,
France, and the U.K (see detailed methodology below). In addition to the
research report, the Future Forum is also releasing three playbooks developed
with Herman Miller, Boston Consulting Group (BCG) and Management Leadership for
Tomorrow (MLT) in consultation with a network of C-suite executives from
companies as diverse as Chobani, Levi’s and the Royal Bank of Canada.
The research and the playbooks
paint a picture of flexible work that is more nuanced than the choice between
office-based or remote work. Instead, flexibility is shown to require a new
working model that delivers always-on access to information, creates channels
for consistent communication and carves out predictable working rhythms—without
having to revert to an office-based 9-to-5 schedule.
"The past year shifted everyone’s expectations: People
don’t want to go back to pre-pandemic norms of office life, but they are also
eager to turn the page on the all-remote experiment that was forced upon them
for the past 15 months. Companies who want to attract and retain top talent
must look forward to an entirely new way of working: a flexible model that
fundamentally reimagines not just where but also when and how people
work." —Brian Elliott, Future Forum Executive Leader
Slack Technologies Inc. is also
releasing new features to help people work with their colleagues
whether in the office or at home, a sign of the stepped up competition around
managing a hybrid workforce.
Slack Huddles, one of the new tools,
will let users have casual audio conversations across channels and direct
messages on the workplace communications platform. Other features include the
ability to create and play back video and audio recordings with a full
transcript as well as an employee directory called Slack Atlas.
Even the healthcare sector is looking
at the new hybrid model of workflow such as companies like CloudMD Software & Services Inc. (TSXV:
DOC)
(OTCQB:
DOCRF), a healthcare technology company revolutionizing the
delivery of care, who
recently announced that it has closed the previously
announced acquisition of Oncidium Inc., one of Canada’s leading healthcare
providers to employers. Oncidium has built a difficult-to-replicate ecosystem
of over 500 clients servicing more than 2 million employees across Canada and
more than 2,000 health care providers and medical assessors.
From the
news:
“The acquisition of Oncidium enables CloudMD to evolve its ecosystem of
healthcare services through occupational health, medical management and
assessment services. COVID-19 has accelerated the need for employers to have
robust health and safety solutions resulting in increased demand for new
approaches in the workplace. The new capabilities will be a key component of
the Company’s Enterprise Health Solutions (“EHS”) Division and provide
Oncidium’s clients with access to our new connected healthcare platform. This
transformative acquisition expands CloudMD’s national footprint to include
5,500 clients and over 5 million individual lives touched.”
From the
news:
“Since announcing the binding agreement, Oncidium acquired an organization
specializing in independent medical evaluations and health-related services to
employers and insurers. The strategic tuck-in is complementary to Oncidium and
will provide immediate cost saving synergies through consolidation and
integration. The business has also developed an award-winning technology
platform that offers workflow management that will be used across CloudMD with
our provider networks. The highly accretive business generated $17 million in
revenue with positive earnings before interest, tax, depreciation and
amortization (“EBITDA”) for the 12-month period ending April 2021.”
Obviously, one of the biggest
winners of this hybrid model of work so far (featured in a recent
Bloomberg article) has been Zoom Video Communications Inc. (NASDAQ:ZM), who
have also been offering new features to their videoconference services and are
pitching new hardware to make this hybrid scenario work better.
Zoom recently
announced that the company has entered into a definitive
agreement to acquire Karlsruhe Information Technology Solutions - Kites, GmbH,
a start-up specializing in real-time machine translation.
From the
news:
“Kites leverages self-developed
technology and predictive AI that runs in the cloud or on-premises to deliver
the highest levels of translation accuracy with low latency. The transcript and
translated text are displayed in real time before the speaker completes the
sentence, and are autonomously modified if a better interpretation is found by
adding context.”
From the
news:
“Zoom and Kites will work together to advance in machine translations and
provide multilingual translation options in order to make meetings more
productive and efficient for Zoom users. In addition, Zoom is considering
setting up a research and development location in Germany.”
Zoom already offers real-time
transcriptions but these are limited to people who speak English. There are
plans to open a research center in Germany, where the Kites team will be
located.
Zoom has been benefiting from an
expanding enterprise customer-base backed by its cloud-native unified
communications platform. Its solutions combine video, audio, phone, screen
sharing and chat functionalities and make remote-working and collaboration
easy.
Looking at how the world is adapting
to a re-opening mindset, it seems going out into the world for entertainment or
travel ranks much higher than going back to work. AMC Theatres (NYSE:AMC), the
largest theatrical exhibitor in the United States, in Europe & the Middle
East and in the world, just recently announced that
audiences came roaring back to AMC movie theatres in post-reopening record
numbers this weekend. AMC credits the opening of F9: THE FAST SAGA, as well as
other movies also currently playing at its theatres, to AMC seeing its busiest
weekend attendance numbers in more than a year.
From the
news: Some 2 million people watched movies at AMC‘s
United States theatre locations between Thursday, June 24 and Sunday, June 27.
These are the biggest numbers recorded by AMC in the U.S. since closing its
theaters in March of 2020 due to the coronavirus pandemic.
The world is changing. There may
never be a full return to the “normal” office world many knew pre-COVID19 but
many companies, as well as employees are realizing the many benefits of the new
hybrid office model as companies are able to decrease costs, increase
efficiency and improve the work/life balance for many employees. Not only is
this new model good for businesses and employees alike but it also is
continuing to push innovation in cloud-based technology companies. The office
may never be the same, and that’s a good thing.
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