HP Innovation Journal Issue 13: Winter 2019 | Page 46

DaaS is ideal for companies undergoing workplace transformation, with a platform that is agile, secure across the organization, and tailored to employees. NEW TECHNOLOGY CONSUMPTION MODELS MORE THAN A TECHNOLOGY REVOLUTION The switch to a subscription-based consumption model of technology is gaining wide acceptance across many organizations and reveals a cultural shift from “owning” to “using” assets. This is manifest in the growing demand for software as a service (SaaS) solutions, dominated by application purchases (e.g., ERM, CRM, and collaborative applications) and for infrastructure as a service (IaaS). While many technologies are playing a part in the concept of the Future of Work, mobility and collaboration solutions are the most empowering at present. As far as devices are concerned, the BYOx phenomenon is losing relevance in the Future of Work and new procure- ment models are rising in popularity, notably device as a service (DaaS). A combination of combating security risks and the fact that new employees expect their work devices to be superior to their own could partly explain the cur- rent trend of employees opting for corporate devices at work. DaaS can allow for both personal and work use with the right corporate policies in place. Companies are developing an appetite for an operational expense model and for outsourcing daily time-consuming tasks. IDC surveys reveals that 14% of IT personnel are spent on device lifecycle management, which is excessive in the opinion of most IT directors. IT workload reduction is viewed as one of the top benefits of DaaS agreements. We predict that 20% of Fortune 1000 companies will have a DaaS agreement in place by 2020. DaaS is ideal for companies undergoing workplace trans- formation, meeting both IT departments’ and end users’ requirements with a platform that is agile, secure across the organization, and tailored to employees. Employee satisfaction is enhanced when the solution offers choice, design, and a uniform end-user experience across devices. Solutions with advanced analytics can help with IT auto- mation and employee productivity. 44 HP Innovation Journal Issue 13 As companies transform their workspaces, we are witness- ing not only a technology revolution, but also fundamentally a cultural and organizational transformation with employ- ees at its heart. A successful Future of Work strategy takes a holistic integrated approach and addresses questions such as how to empower and trust employees to work anywhere and connect with customers and partners alike, how HR can retain top talent, how organizations can retrain skills and bring innovation, and how robotics and cognitive computing can augment the future workforce. The Future of Work is an enterprisewide imperative to drive productivity, agility, and workforce engagement. It requires CxO leadership and intimate collaboration between IT, line-of-business, HR, and facilities functions to source differentiating technology solutions that will drive next-gen- eration talent sourcing and retention. These strategies may not be easy to implement, but along the steep learning curve is a fascinating journey.