Organisations will spend more than $650bn on Future of Work Technologies in 2021 - IDC

Kelsey Rees
clock • 2 min read
Organisations will spend more than $650bn on Future of Work Technologies in 2021 - IDC

The analyst predicts hardware to be the most heavily invested area with $228bn spent

Global Future of Work (FoW) spending will total almost $656bn (€551bn) this year, an increase of 17.4 per cent on 2020, according to IDC. The analyst defined FoW as a "fundamental shift in the work model" to one that fosters human-machine collaboration, enables new skills and worker experiences, and supports a work environment "un-bounded by time or physical space." "Traditional work models do not provide the agility, scalability, and resilience required by the future enterprise. This w...

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