Saba Announces Top "New World of Work" Trends for 2013
REDWOOD SHORES, Calif.--(BUSINESS WIRE)-- Saba (NAS: SABA) , the premier provider of people-centric enterprise solutions, today announced its industry insights for 2013 trends impacting today's "New World of Work." Supporting more than 2,100 organizations and more than 31 million users worldwide with its learning and talent management products, Saba has insight and knowledge around how businesses, government agencies and non-profits can best enable their people to accomplish work. Saba's vision for this "New World of Work" applies to organizations of all sizes, anywhere in the world.
As the adoption of mobile devices in the workplace continues to accelerate, the method in which people access and share information is rapidly changing. They demand access to their work applications, information and colleagues wherever they are and on whatever device they choose. Organizations must cater to this environmental shift, ensuring they support their most important asset, their people, with the technology framework and business processes to excel in their work.
According to Saba, the "New World of Work" trends to watch include:
The Move to Hyper-Specialization: Work will become more of a tradable asset. There will be more independent contractors and freelancers with "hyper-specialization," in addition to regular employees with generalized know-how. Moreover, companies increasingly will rely on crowdsourcing to secure skills and services, allocate tasks and complete projects.
Content Goes Increasingly Social and HD: People will increasingly consume information from an expanding range of content types. These include HD video streaming, live news feeds, documents and VoIP. There will also be an increased demand for platforms that deliver the desired content globally. These include live web meetings, webinars and interactive virtual classrooms optimized for low-bandwidth networks.
Heightened Power of "People Networks": Employees, partners and customers will increasingly leverage social enterprise platforms to remove siloes and better collaborate, innovate, receive instant feedback and learn like they never have before. Organizations need to remove the boundaries of the enterprise in order to really understand and leverage the collective intelligence and collaborative effectiveness.
Increased Demand for Leaders Everywhere: The continued globalization and increased growth in emerging markets will require companies to look for and develop international leaders at a greater rate. Companies will need professionals with global awareness, fluency, corporate acumen and cultural understanding to achieve their business success. Technology is the key to enabling organizations, regardless of size, to perform business worldwide.
Social, Real-Time Collaboration and Gamification Join the Enterprise: These applications will become the fabric and inherent capability of many enterprise offerings this coming year. To fully support its workforce, companies need to embed social and collaboration capabilities into existing business processes. It's more than real-time access to data on devices, it's being able to analyze, collaborate and engage with that data.
Increased Use of Modern People Management: Managing performance will move from an annual event to one with continuous 360 feedback, alignment, communication, development and transparency. Anyone in a person's people network will also be able to provide constructive feedback to current projects or tasks, in addition to that person's goals. Gaps will be identified, with formal or informal development activities assigned by managers in real time.
Careers Changing Shape: Careers will become more fluid and less linear or ladder-shaped. People will have more jobs during their careers, with more careers during their work. This will require continuous learning, development and acquisition of new skills anytime - whether employees are traveling abroad or sitting at their cubicle in the company's headquarters.
The changing workplace is the crux of Saba's vision for a "New World of Work" that the industry will see evolve in 2013 and in the years to come. No longer are business operations held within the confines of an 8-to-5 workday, onsite at the employers' offices or just amongst employees. This new world is social, transparent and collaborative, a place where people are personally motivated to deliver quality, value-intensive work at anytime and on any platform.
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Saba (NASDAQ: SABA) enables organizations to build a transformative workplace that leverages the advent of social networking in business and the ubiquity of mobile to empower an organization's most mission-critical assets - its people. The company provides a set of people-centric enterprise solutions to various businesses and industries worldwide. Saba delivers cloud-based learning management, talent management, and social enterprise solutions to transform the way people work.
Saba's premier customer base includes major global organizations and industry leaders in financial services, life sciences and healthcare, high tech, automotive and manufacturing, retail, energy and utilities, packaged goods, and public sector organizations. Headquartered in Redwood Shores, California, Saba has offices on five continents. For more information, please visit www.saba.com or call +1-877-SABA-101 or +1-650-779-2791. SABA, the Saba logo, and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. or its affiliates. All other trademarks are the property of their respective owners.
The industry trends and predictions included in this press release may be deemed forward-looking statements within the meaning of the federal securities laws. Saba's ability to benefit from any such industry trends or predictions is uncertain. These uncertainties include risks associated with Saba's ability to file its delayed periodic reports with the SEC and regain compliance with Nasdaq filing requirements, Saba's dependence on growth of the markets for its products and acceptance of Saba's products by customers and channel partners, fluctuation in customer spending, length of Saba's sales cycle, competition, rapid technological change, dependence on new product introductions and enhancements, and potential software defects. Readers should refer to the section entitled "Risk Factors" in the Form 10-K for the fiscal year ended May 31, 2011, and similar disclosures in subsequent reports filed with the SEC. The forward-looking statements and risks stated in this press release are based on information available to Saba today. Saba assumes no obligation to update them.
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