The Covid-19 pandemic has changed how business are conducted globally. The increased use of technology has fast became a norm and more and more people are staying connected while operating remotely from their homes.
A Boston Consulting Group (BCG)-Zoom survey report, brings this aspect of change in the way businesses are conducted starkly. According to it, over a third of employees of business surveyed (a high 47 per cent for India) will work remotely while nearly half of the employees (52 per cent in India) expect to use video conferencing even after the pandemic.
Besides, the survey shows that majority of the businesses (87 per cent in India) strongly agree with the statement that their company is considering a flexible remote working model because of successful remote collaboration thorough successful video conferencing solutions.
Also, 70 per cent of businesses surveyed agreed that video conferencing tools will continue to be essential for business operations beyond the pandemic.
No industry was immune from the economic impact of the pandemic, but some were able to make dramatic shifts in behavior to adjust. For this survey, BCG took a look at how the healthcare, education, technology, and professional services sectors embraced remote collaboration to enable continuity during the pandemic and how the trends may continue in the future.
In the healthcare segment 67 per cent of businesses surveyed agree with the statement: “My company is considering a flexible remote working model because of successful remote collaboration through video conferencing solutions.”
In education, the survey brought out that there is more than 3.5 times increase in the use of video conferencing solutions during the pandemic at businesses. In technology segment this is higher with 84 per cent of businesses surveyed agree “Video conferencing solutions will continue to be essential for business operations beyond the pandemic.”
In professional services: 2.7x increase in remote work during the pandemic at businesses surveyed.
The survey was undertaken with the idea to evaluate the economic impact of remote work and video communications solutions during the pandemic. In this regard Zoom commissioned the Boston Consulting Group (BCG) to conduct a survey and economic analysis, focusing on what industries were able to pivot their business processes using video conferencing, resulting in business continuity and even growth during a time of significant economic turmoil.
BCG’s COVID-19 employee sentiment survey from 2020 showed that 70 per cent of managers surveyed are more open to flexible remote working models than they were before the pandemic
Hybrid working models are here to stay as businesses surveyed expect over a third of employees to work remotely beyond the pandemic.