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Made by Indian gig workers US$250 billion of jobs by 2030
Bangalore, India, March 10, 2023 /PRNewswire/ — Gig workers play a key role in making it happen Indian 5 USD The Tn economy, currently spearheaded by a strong gig workforce of 7.7 million people.With this talent pool more than tripling to 23.5 million by 2030, these workers US$250 billion It points to joint research by Zinnov and Microsoft. Zinovis the world’s leading management consulting and strategic advisory firm, microsoftpublished a study titled, ‘Unleash the power of the gig economy with your cloud PC’, This highlights how important technology will be in enabling the gig economy.
The joint study also explored the industry challenges faced by gig workers, finding that the post-pandemic business environment saw a 31% and 20% increase in engagement with gig workers in the finance and insurance and IT sectors. clarifying. Before the pandemic, nearly half of all gig workers were concentrated in two sectors, retail and transportation, but this is rapidly being replaced by about 35% of gig workers employed in the IT sector. . In fact, soon he will be a gig worker in one of his three “employees” in an IT organization. This is especially important given the current dichotomy of mass layoffs and skilled worker shortages that companies are grappling with. As organizations seek new and innovative business models to circumvent this dichotomy, they become increasingly involved in the emerging gig economy.
Research points out that getting involved in the gig economy is beneficial not only for companies, but also for gig workers. Seen through an economic, operational, and innovative lens, gig workers benefit from multiple high-paying, short-term jobs that allow for flexibility. It also allows for rapid upskilling and, in some cases, investment in passions and interests. For businesses, engaging with a gig workforce means lower costs, the flexibility of an ad-hoc project-based work model that can scale or unscale quickly, enable rapid onboarding, and highly skilled niche talent. guarantee access to
However, engaging gig workers comes with its own set of challenges, including concerns around data security, IP theft, access controls, cultural orientation, and more. These challenges span the planning, onboarding, execution and payment stages of the gig lifecycle. Worker. The survey found that more than 70% of CXOs said onboarding and execution were two difficult but important phases he said needed to be worked on to enable widespread adoption of the gig economy model. It became clear what I was feeling. Technologies such as the cloud, artificial intelligence (AI), and cybersecurity are being leveraged to meet these challenges in a transparent and productive manner.
Cloud technology, which has enabled a seamless transition to remote work, is critical in meeting the challenges of the gig economy. This allows independent professionals such as gig workers to operate remotely, communicate freely, and navigate financial and technical complexities with dexterity and ease. Products like Windows 365 Cloud PC combine the power and security of the cloud with the versatility and simplicity of the PC, enabling both gig workers and businesses to collaborate from anywhere in the new world of work.
Rajat KohliZinnov’s partnercommented, “The current dichotomy of skilled talent shortages and layoffs highlights the importance of a strong gig workforce strategy. With gig workers expected to reach 35% in the near future, leaders will be driven by newer and more enabling engagement models and platforms.Microsoft’s Cloud PCs and the like serve as two-way enablers. It enables gigs and gives gig workers flexibility and upskilling opportunities.”
bus car busCountry Head, Modern Work, Microsoft India“Technology is a key enabler of the gig economy and will play a fundamental role in defining the future of work and the workplace. You need dynamic, cloud-powered solutions, and Microsoft is committed to helping organizations and individuals work on their own terms without compromising security or accessibility. But our aim is to empower diverse people by providing safe and reliable solutions to work on any device.We need to make sure we have the talent to join this growing field. .”
About Microsoft India
Microsoft enables digital transformation in the era of the intelligent cloud and intelligent edge. Its mission is to enable every individual and every organization on the planet to achieve more.Microsoft is the India We started our business in 1990. the current, India 11 cities in India (Ahmedabad, Bangalore, Chennai, New DelhiGurugram, hyderabad,Kochi Prefecture, Kolkata, MumbaiNoida, and PuneMicrosoft provides global cloud services from local data centers to accelerate the digital transformation of Indian startups, enterprises and government agencies.
About Zinov
Founded in 2002, Zinnov is a global management and strategy consulting firm. new yorkSanta Clara, houston, Seattle, BangaloreGurgaon, Parisand PuneOver the past 20 years, Zinnov has successfully consulted with over 250 Fortune 500 companies, developing actionable insights that help them accelerate their digital transformation journey and create value across both revenue and optimization aspects. I’ve been With core expertise in digital engineering, digital transformation, innovation, and outsourcing advisory, Zinnov helps clients in the following ways:
- Building and implementing digital transformation levers enabled by technologies such as AI/ML, cloud, IoT, and intelligent automation.
- Advising global PE firms on asset shortlisting and target valuation, commercial due diligence and value creation.
- We help global companies outline and drive open innovation programs, design and operate accelerator programs, and enable collaboration with start-ups across specific use cases and predefined outcomes.
- Enabling global companies to develop and optimize their global engineering footprint through center setup, technology and function accelerators to achieve greater R&D efficiency, innovation and productivity.
- Increase the revenue of your company’s products and services in new markets through account intelligence, market entry and market expansion advice.
With a team of experienced consultants, subject matter experts, and research experts, Zinnov serves clients in multiple verticals, including US enterprise software, BFSI, healthcare, automotive, retail, and telecom. increase. Europe, Japanand India.
For more information, please visit http://zinnov.com..
Logo: https://mma.prnewswire.com/media/694742/Zinnov_Logo.jpg
Source: Zinov
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