Has COVID-19 Opened Up A New World Of Remote Work?

The COVID-19 pandemic has accelerated the shift to remote work as the digital world is finally at a stage where it can support technology like virtual meetings. The digital revolution that enabled telework and the upcoming roll out of 5G will also enable telerobotics and augmented/virtual reality which will increase the amount of automation globally. The increase in virtual and telepresence also has the potential to provide alternative development paths for emerging markets, away from a manufacturing-led growth model (like China) more to a service-led growth model (like India). These are just some of the findings of a new report published by Citi, A New World of Remote Work. The report, the fifth edition in the Citi GPS Technology at Work series, looks at how COVID 19 fast-forwarded existing trends and quantifies the possible impact of these trends on the future of work.