Working remotely is the new normal for 2021

There is no question that the 2020 pandemic catapulted remote work and remote offices as the new the normal. One study by Stanford University found that two-thirds of U.S. GDP in May was generated by people working at home. In fact, the Bloomberg article from this material is sourced indicates that many companies told employees to stay away from the office well into 2021, and some signaled they’ll make flexible work permanent.

Work-from-home has mostly passed the technology test, giving employers and staff new options. That’s a worry for businesses catering to the old infrastructure of office life, from commercial real estate to food and transportation. It’s a boon for those building a new one: shares in videoconferencing platform Zoom jumped more than six-fold in 2020.

We believe that service-orientated jobs will rely more heavily on technology into 2021, as employees are expected to go straight from home to site and cloud-based software, like Knack will help entrepreneurs control their business remotely.

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