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Home»Research Report»How is Digital Workspace Transforming the Way Companies Work?
Research Report

How is Digital Workspace Transforming the Way Companies Work?

Rajnish ShankharBy Rajnish Shankhar6 Mins ReadApril 26, 2023
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Table of Contents
  1. Why are Companies Shifting to Digital Workspace?
  2. Conclusion 

The way businesses operate has been fundamentally transformed by digital workspaces. They have also made work more enjoyable for employees on a daily basis and enabled high levels of productivity. There are numerous additional ways that digital workspaces have altered the way that businesses operate. We will investigate each one in this blog! To begin with, let’s define a digital workspace.

A digital workspace is the virtual representation of a physical workspace or its contemporary equivalent. It’s all about technology, which makes it possible for you to work whenever and from any device.

Real-time collaboration, file sharing, automated workflow, app/desktop virtualization, and other features are some of the most popular components of a digital workspace.

Table of Contents

  • Why are Companies Shifting to Digital Workspace?
  • Conclusion 
    • Read More

Why are Companies Shifting to Digital Workspace?

Digital Workspace
Source: Mindcentric

It aids in selecting the most qualified candidates

You are not constrained by location when it comes to hiring, recruiting, and onboarding when you have a fully linked digital workspace in place.

This implies that you can look for highly qualified people from anywhere in the world, regardless of their location, city, or nation. A digital workspace might also aid in your company’s growth if it is located in a niche market or a sparsely populated region.

Enables you to access information quickly

According to research, employees squander roughly 20\% of a working week, or one day per working week, looking for the knowledge they need to execute their jobs well.

All files, documents, web links, and other rich material can be kept in one place using a digital workspace.

Ensuring that staff members have access to the appropriate documents and content at the appropriate time, regardless of their location or device, eventually optimizes workflows.

Simplifying training and development

A digital workspace can be useful in many different ways for every employee training program.

For example, you can utilize it to connect staff members with all the necessary training resources, programs, and reference materials so they can study on their own schedule.

A flexible, independent, and functional digital workspace will undoubtedly help the staff members because it provides them with learning support when and where they need it.

Improves customer experience and service

All the company information you require may be found in one location, including FAQs, how-to instructions, and troubleshooting guides. Your customer care representatives can deliver a better, quicker, and more knowledgeable experience.

In summary, a digital workspace helps your business to meet consumer expectations and succeed in a world where everyone is searching for instantaneous solutions.

An Increase in Teleworking

Thanks to digital workspaces that enable employees to work from anywhere, the culture of telecommuting has greatly expanded.

Employees are able to cut back on their commuting time, which boosts productivity and eventually improves firm profits.

More than 77 percent of remote workers claim to be more productive, and 52 percent say they use fewer vacation days.

Increasing Productivity

It all comes down to doing better work within the allotted time constraint, and better work is produced via collaboration and easy communication—two essential components of a digital workspace.

By reducing the amount of time spent on administrative tasks, transportation, and other activities, these workspaces boost productivity. But more crucially, they let you quickly turn ideas into reality and get rid of those annoying email chains.

Easily Connect & Engage with External Partners

Your business may maintain smooth two-way contact with outside partners, including suppliers, clients, and consultants, by using a productive digital workspace.

This flexibility and increased accessibility will be advantageous to both your staff and your outside partners. Traveling will take less time, and lodging costs will be lower as well.

Decreases reliance on paper

By using a digital workplace, you can cut down on the time you spend manually processing papers.

Additionally, it significantly reduces the need for paper and eliminates the extra expenses associated with printing, storing, maintaining, and filing. Most significantly, going paperless is a morally sound decision that demonstrates how committed your company is to protecting the environment.

Makes the Workplace More Employee-Centric

Digital workplaces are intended to lighten employees’ workloads and improve their working conditions.

It focuses on and eliminates abnormalities that could cause unhappy employee experiences.

The fundamental characteristics of these workspaces are the well-being of the employee, work-life balance, health, productivity, professional development, and burnout prevention.

Opens the door for flexible office setups

Employees assigned to regular 9–5 positions must work from their designated desks, where they are required to sit.

Your employees can choose the location that works for them, whether it’s their living room or a site in the hills, in a more flexible workplace, which a digital workspace offers. It all comes down to making the best use of technology.

Eliminating organizational silos

You can communicate with other departments and employees much more effectively in a digital office.

In the end, this results in enhanced staff communication increased interdepartmental relationships, and improved workflow.

While organizational silos in a physical workspace frequently hinder the flow of information and knowledge.

Removes the Repetitive Work

A survey found that 54\% of workers thought automation might help them save 240 hours a year.

Well, a digital workspace typically includes some level of automation, which simplifies mundane tasks and frees up your staff members’ time to work on other important things.

Simply put, it is possible to free up creative energies while still completing all necessary responsibilities.

Sharing Knowledge More Easily

 If your chief marketing officer opts to leave the company or join another one, they leave behind the expertise, leaving a void in the business that requires pricey, in-depth training to close. However, by setting up a digital workspace, you can save the expertise and knowledge of senior managers so that it is accessible to current or future staff.

Improves the performance of the business

It goes without saying that a digital workspace dramatically lowers operational costs, whether it is through savings on leasing prices or reduced outlays for travel and administrative costs.

According to surveys, businesses that implemented digital workspaces saw a 43 percent rise in sales.

Overall, a digital workspace is a fantastic (and more affordable) option for conventional work settings.

Establishes a Changed Work Environment

A Deloitte study found that 64\% of workers would choose a lower-paying position if it offered more working flexibility.

The survey also showed that an engaged workforce with access to technology increased employee retention by 87 percent.

This demonstrates that the current workforce is seeking a sophisticated and cutting-edge work environment, which is precisely what a digital workspace provides.

Conclusion 

A digital workspace can improve productivity by streamlining processes, fostering information sharing, and enhancing communication and cooperation. A digital workspace also improves resource management effectiveness, customer satisfaction, and employee engagement and empowerment. In this article, we talked about the digital workplace and how it can transform the way companies work. To get more information about it, connect with SaaSworthy. 

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