IIC Journal of Innovation 15th Edition | Page 66

Advances in Connected Worker Technology
Overall , connected worker technology can benefit the process of inventory observations by providing health and safety benefits , enabling less travel and in-person interactions through the use of hazard-proof solutions . It can also provide significant process innovation and efficiencies , while reducing costs incurred for all parties involved .
CONCLUSION
Fig . 4 : Inventory Count , Multi-Channel Merchant
Today ’ s innovation happens at an unprecedented rate and continues to accelerate as technological advancements emerge . The last year has presented its unique set of challenges as the COVID-19 pandemic unraveled . However , a recent PwC survey 10 revealed that while 52 % of companies plan to cut or defer investments because of COVID-19 , just 9 % of those surveyed will make cuts in digital transformation .
In fact , businesses who have successfully established or solidified their digital leadership over the years have done so by staying consistent with their innovation thesis , both in good and more challenging times . They have built resilient cultures that don ’ t fear crises , mandated change , invested more than others , and focused on people . 11 While predicting the future of work postpandemic and beyond is extremely challenging , it is likely that not only digital business models will continue to prevail , but also that workforce interactions will look a lot different .
The examples presented in this discussion highlight one avenue in which we can expect workforce-related tech innovation to continue . We ’ re witnessing business-critical tasks that have historically required several people to co-locate being maintained , despite travel and healthrelated restrictions , thanks to connected technology that allows a more seamless interaction between the digital and the real world .
10 https :// www . pwc . com / gx / en / issues / crisis-solutions / covid-19 / global-cfo-pulse / may-11 . html
11 https :// www . pwc . com / DiQ2020
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