How Outdated Tech Wastes Billions of Dollars

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Unwieldy record in a workplace hinders capability and formula in hidden, vast financial waste for U.S. businesses, according to a new survey. Why? Technology does not fit an organization’s needs, and paltry tasks that could be automated, such as cue reset requests, new worker onboarding, agreement examination and approval, could be automated. “The commentary clearly uncover that workers wish change in a workplace. IT policies and entrance to smarter record not usually concede for automation of non-essential tasks, though for particular alleviation in productivity,” pronounced Randy Drawas, CMO of Samanage. “Outdated, sterile record is burdening U.S. businesses and spiteful their employees. In sequence to emanate a improved work life, organizations need to adopt complicated technologies that concede them to streamline their inner operations and yield collaborative, easy-to-use technologies that capacitate employees to spend some-more time on suggestive and impactful tasks, and distant reduction time on a repeated and mundane.” Samanage, a cloud craving program company, conducted a survey, that enclosed 2,932 respondents ages 18 and up, and a 95% certainty level.

Why U.S. Businesses Waste $1.8 Trillion Annually

Workers spend on average 520 hours a year (over one day of work each week) on mundane tasks that could easily be automated. Based on the average national hourly wage of $25.39, this translates to businesses losing $13,202.88 a year per employee on unproductive tasks.

Use of Technology at Work

43.8% use technology and devices at work. That means roughly one in three employees do not use technology or devices for work.

Generation X and Millennials

Technology and device use for work breaks out as follows: Generation X (35-54): 49.6%, Millennials (25-34): 46%, Baby Boomers (55-64): 42.6%, Younger Millennials (18-24): 39.8%, Older Baby Boomers (65 and older): 28.5%

Technology That’s Most Helpful for Productivity

Asked which work-related technology helps them be most productive, 51.7% of respondents named computers. Email followed at 13.7%, mobile smartphones at 11.6%, company applications or software was 10.5% and tablets trailed at 5.2%.

Biggest Recurring Technology Problem

31.2% of respondents say Internet speed or network outages are the greatest technology hindrance at work. Remembering passwords followed at 22.5%. Next came restricted access to sites, files and software, at 14.4%. Email software performance was only 6.2%.

Collaboration Technology

Email remains the most frequently used technology at 63.4%, whereas chat, at 7.2%, is the least frequently used. Only 11% of respondents use filesharing sites.

Manual Tasks That Could Be Automated

33.9% of respondents spend less than an hour daily doing tasks manually that could be automated. 34.1% spend 1-2 hours daily completing work that could be automated. That means employees lose 10 hours a week this way.

Does Your Company’s Technology Hurt Productivity?

One in four workers think their company’s technology and policies hurt their productivity, with 30.9% of young Millennials the most dissatisfied and young Baby Boomers (ages 54 to 64) following at 29.1%.

Outdated Technology

36.8% of respondents believe their company’s technology is outdated. Young Millennials (18-24) are most dissatisfied at 40%.

How to Increase Productivity

Although 40.8% of respondents say they did not know how productivity could be increased, 20.2% said automating non-essential tasks would help. 12.2% suggest more mobile-friendly devices and 9.5% think cloud-based apps to access information would help.