Category: digital era

Investing in the New World of Remote Work



The following content is sponsored by eToro

Investing in the New World of Remote Work

The COVID-19 pandemic was a major catalyst in the future of work.

We quickly learned that work could be done practically anywhere. To emphasize the impact remote work culture has had, consider the fact that some 71% of Americans did some type of remote work in 2020, compared to just 20% pre-pandemic.

This infographic from eToro dives into the new world of remote work and explores the main trends investors need to know.

Reaping the Benefits

Remote work culture has been met with positivity by both workers and employers. While the benefits may vary from person to person, there are a key few that seem to resonate on a wide scale. For instance, 32% of survey respondents point to flexible scheduling as a top benefit.

Employee Benefits From Remote WorkEmployee Response (%)
Flexible schedule32%
Flexible location25%
No commute22%
Family time11%
Work from home8%
Other2%

In addition to happier workers, productivity has seen an untick as well. About 56% of workers report being slightly or considerably more productive during the pandemic. By contrast, only 28% report being either slightly less or considerably less productive.

Challenges to Address

Of course, the remote trend does not come without its fair share of challenges.

The most notable is being unable to unplug from work. This might be the result of constant and seemingly endless emails, or perhaps the lack of being able (Read more...)

Industry 4.0: What Manufacturing Looks Like in the Digital Era



The following content is sponsored by ASE Global

ASE Industry 4.0 Manufacturing in the Digital Era Main

Industry 4.0: What Manufacturing Looks Like in the Digital Era

It might sound futuristic, but the Fourth Industrial Revolution—also known as Industry 4.0—has already begun.

Following the Industrial Revolution’s steam power, electrification in the 1800s, and the Digital Revolution of the late 20th century, Industry 4.0’s innovative smart technology is unlocking the next steps in automation.

So what does the next major evolution of manufacturing look like? This graphic from ASE Global breaks down the rollout of Industry 4.0, from increased robotization to lights-out manufacturing.

The Basics of Industry 4.0

Each industrial revolution has built on what came before, incorporating new technologies and knowledge of manufacturing. Industry 4.0 has four core principles paving the way:

  1. Interconnection: Machines, devices, sensors, and people in the manufacturing process all connecting and communicating with each other.
  2. Information transparency: Comprehensive data and information being collected from all points in the manufacturing process, allowing for more informed decisions.
  3. Technical assistance: Improved technological facility of systems assisting humans in decision-making, problem-solving, and difficult or unsafe tasks.
  4. Decentralized decisions: Cyber physical systems that are able to make decisions on their own and perform tasks autonomously.

Combining these principles is what makes the ongoing Fourth Industrial Revolution unique. Much of the underlying technology has been available for decades, including robotics and networks, but properly using them together unlocks a massive stride in manufacturing capabilities.

Already, the market size for Industry 4.0 specific technology was estimated to be $116.1 billion in 2021. (Read more...)