Collaboration 101: Why the Technology Is a Must for Your Workplace

    With today’s economy still finding its footing, companies have been forced to become more competitive. Because businesses cannot afford to slow down or take a break, business collaboration is on the upswing. In fact, 75 percent of businesses plan to use social collaboration tools by the end of this year, and 86 percent plan to do so by 2015. However, despite this very bright future for collaborative technology, many businesses still remain in the dark regarding exactly what workplace collaboration entails and what it can do for their business. Here we offer a quick breakdown.

    What is collaboration?

    Collaboration technology is software, platforms or services that enable people across different locations to seamlessly communicate and work with each other. This can include cloud communications like voice and video calling; instant messaging (IM) or Web presentation and collaboration with audio; or Web and video conferencing for document creating and sharing.

    What are the advantages of collaboration?

    • Stronger remote workforce: Today’s business looks much different than it did 10 years ago. The in-office environment is no longer in an office; it can be attained via a mobile device, at-home or while on the road. Collaboration supports companies that choose to widen their geographic limitations so that their workforce is constantly connected, dynamic, team-ready and richly interactive.
    • Empowered BYOD Initiative: Forty percent of Americans currently own a smartphone, and among them, 81 percent use at least one of their smart devices for business use. Collaboration supports your BYOD initiative so that you can work anywhere, anytime to get more done quicker.
    • Cost savings: For companies with increasingly thinning budgets, telecommuting can save as much as $2,500 per employee, with the estimated annual savings of the “everywhere” employee being anywhere between $300 and $1,300.

    You’re looking to gain a competitive edge over the rest of the pack. So, why be part of the 96 percent of executives who currently cite lack of collaboration or ineffective communication in the workplace?