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Future of Work

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Praveen Kumar Sah, Co-founder and CTO, Awign As a young and ambitious 18-year-old fascinated by the potential of technology, you can imagine my excitement at cracking IIT on the first try. But while this was the moment that opened the doors of opportunities for me, it was working at Flipkart and Ola that sparked my interest in building solutions that solve real and tangible problems. I quickly comprehended my desire to achieve it at a…

A report titled ‘World Economic Outlook’ published by the International Monetary Fund (IMF) recently stated that the world is in a volatile period where economic, geopolitical, and ecological changes are all impacting the global outlook. And we’ve been witnessing the same in the last year. Inflation has soared to multi-decade highs, prompting rapid monetary policy tightening and squeezing household budgets, just as COVID-19-pandemic-related fiscal support is waning. As a result of the same, many low-income…

As technology continues to penetrate every aspect of our lives at a rapid rate, it is also by extension changing the way the industry operates. Following the trend of exponential growth, there were approximately 846 million internet users in India in 2021, a number projected to reach 1.5 billion by 2040! In this scenario where digital has become the new norm, businesses are increasingly leveraging online platforms to reach their audience, and to expand. A…

Opportunities for techies in the gig economy have observed a noteworthy growth with a 20-25% spike in demand for high-skill tech talent in 2021. In fact, specialists in these roles comprised 65% of the gig workforce at the time! Two years into the aftermath of Covid, this upward trend remains consistent as the economy gradually reels back to normalcy. India’s booming startup culture, along with rising technological advancement since the last few years have led…

Set to witness an annual growth rate of 12% by 2025, the electrical equipment industry in India is making prosperous leaps. This expansion is also going to play a key role for India to meet its target GDP growth of 8-9% in the coming years. To accelerate this growth, the electrical industry needs to align itself to newer ways of working. The gig economy is the perfect model to accommodate this fast-paced expansion. With its…

With the festive season around the corner, businesses are expecting a spike in demand for their goods and services. But this time it will be extra special as shoppers loosen their purse strings after two years of constrained festivities. With massive promotions during the festive season, the e-commerce, retail, consumer durables and FMCG industries are ready to experience bumper sales and must gear up to make the most of the season. To meet seasonal demand,…

In the last two years, workforce around the world has been forced to reconsider their ways of working and reconsider what constitutes a fulfilling work life. Employees now realise that work has to be wholesome to be sustainable. There has been, what can be called an awakening in terms of how one’s job is meant to serve them instead of the other way around. Employees around the world today hope to extract a meaningful experience…

K. Venkateswaran, CBO & SVP, Enterprise Business, Awign  The gig economy is today being hailed as the future of work. With the emergence of tech-led enterprise gig platforms, it’s only obvious that businesses of varying sizes and sectors want to deploy a gig workforce to offload a core function. Whether hyperlocal or digital, enterprise gig platforms can today carry out any type of work including business development, auditing, auditing, content and data operations, last-mile delivery,…

We are an outcome and technology-driven platform, leveraging Bharat’s workforce for India Inc. So, how did we get here? In the last few years, India’s gig economy has gained a lot of prominence and adoption, becoming a mainstream concept. While the pandemic caused enterprises throughout the world to reconsider their workforce approach, an influx of other factors such as the rise of work fulfillment platforms, internet penetration and changing attitudes of workers, etc. too have…

Globally, the gig economy has grown at a rocketing pace. This has been catalysed during the last couple of months, owing to the pandemic. The latest survey (2020-21) highlights that the Indian gig economy comprises almost 40% of total freelance jobs. The estimated number of freelancers that India holds is approximately 20 million. This alone shows that the growth towards the gig economy is a tectonic shift for India’s workforce. This shows that the gig…

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