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May 22, 2020
The Largest Employers In The World Are All Telling Their Employees Work From Home! What Are The Technology & Monetization Implications

With Facebook’s adoption of permanent remote work on Thursday, Chief Executive Mark Zuckerberg has untethered one of Silicon Valley’s biggest companies from the place that incubated it.

https://ca.finance.yahoo.com/news/remote-plan-facebook-dashes-hopes-110602039.html

Bank of Montreal anticipates that as much as 80 per cent of its staff — or about 36,000 employees — may adopt new flexible arrangements that blend working from home with going into the office even after the COVID-19 pandemic subsides.

https://business.financialpost.com/news/fp-street/bmo-says-80-of-employees-may-switch-to-blended-home-office-work

Global IT spending is expected to shrink by 2.7 percent in 2020, predicted IDC this week, as economic activity grinds to a halt under the weight of coronavirus.

To put that into context, spending in 2019 grew by 4.8 percent on 2018. In terms of the broader worldwide economy, IDC expects real GDP to fall by 1.7 percent this year.

https://www.telecomtv.com/content/coronavirus/idc-warns-of-rapid-cuts-to-it-spending-as-coronavirus-hits-economy-38248/

Google : https://business.financialpost.com/technology/google-facebook-tell-staff-to-plan-to-work-from-home-for-the-rest-of-the-yea

Microsoft : https://www.businessinsider.com/microsoft-work-from-home-policy-coronavirus-october-2020-5

Salesforce : https://www.businessinsider.com/salesforce-employees-work-from-home-rest-of-the-year-2020-5

Square : https://www.theverge.com/2020/5/18/21261798/square-employees-work-from-home-remote-premanent-policy-ceo

The Largest Employers In The World Are All Telling Their Employees Work From Home! What Are The Technology & Monetization Implications

Facebook just announced employees will be allowed to work permanently from home.

Twitter has done the same.

Google, Salesforce, Microsoft are on the same path with extensions to end of the year and beyond.

Bank of Montreal in Canada (one of Canada’s largest private sector employers) has said 80% of all employees will be partially or fully working from home each week.

COVID 19 has demonstrated that companies are no longer accepting the Status Quo when they think about the #modernworkplace or the how, the where, and the when of work.

It means the way in which traditional IT assets have been deployed and paid for is being completely rethought & the who pays for what.

What does this mean : Bring Your Own Everything (BYOE)

BYOE means :

Office Desk (or equivalent) Office Chair (or equivalent) Office Supplies (pencils & paper) Printer Scanner PC Upgraded WiFi router Upgraded Home Internet connection Smartphone Smartphone Wireless Plan

What no one has figured out is the reimbursement piece….

How do we reimburse the employee for the business use of their Personal IT assets?

Until mobilityView : https://www.linkedin.com/feed/update/urn:li:activity:6645291179699167233

Are you in B2B IT or Wireless/Telco Sales & how this will affect your business : https://www.linkedin.com/feed/update/urn:li:activity:6655236691483246592

The Largest Employers In The World Are All Telling Their Employees Work From Home! What Are The Technology & Monetization Implications

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