Archive for December 12, 2009

Budget Constraints, Cost-Cutting Delay Uptake of New Technology

According to a new online poll conducted by Deloitte, a resistance to adopt virtual workforce tools and methods, along with budget constraints and prevailing cost-cutting strategies, are the major reasons companies are not providing employees with new workplace technologies.

            Of the 750 technology executives across multiple industries surveyed during Deloitte’s online poll in November 2009, more than 40% cited organizational resistance as the primary roadblock to new workplace technologies. Additionally, nearly 28% of the respondents, ranging from upper management to managerial level, pointed to budget and cost constraints as the main deterrents.

            “The polling results indicate that corporate leaders should devote as much interest and investment into where and how the work is performed as they do into the nature of the work itself. The recent realities of a changing workforce and evolving worker demands are driving up the need for new workplace technologies,” said Hope Hughes, director, Deloitte Consulting LLP. “However, our polling indicated that some companies are still slow in adopting ‘workplace of tomorrow’ type strategies that could help improve agility and effectiveness, as well as respond to workforce changes in a cost-effective manner.”

            Highlights from the poll included:

  • 44.7% of respondents said their companies have begun workplace of tomorrow initiatives, including alternative work policies, workforce mobility, virtual technologies, telecommuting, and increased collaborative spaces.
  • Nearly 30% of respondents’ companies are not using Web 2.0 tools, increasing shared workplace areas, or developing real estate strategies to improve workplace utilization.
  • Blogs, wikis, podcasts, instant messaging, social networks and other Web 2.0 tools are the mobile technologies most companies are considering, according to 29% of respondents.

            Deloitte Consulting Director Seth Siegel commented: “A hiring surge can result in a significant increase in the real estate and facility costs required to provide a physical workspace for the new personnel. Similarly, a workforce reduction might result in a significant increase in vacant, unused space. Effective workplace of tomorrow strategies and technologies can help de-link physical workspace consumption from headcount and align technology investments with business demands and workforce patterns.”

            The webcast about results of this poll is accessible at:


December 12, 2009 at 12:11 am Leave a comment

ICIS Heren Launches New Energy Pricing Website

London-based ICIS Heren, provider of pricing intelligence and analysis for the gas, power, carbon and coal markets, also publishes authoritative reports, price assessments, news of key developments and expert analysis of the global energy markets.

            The company announced the launch of its new website, which makes it easy for subscribers to access and download their information quickly and easily, ensuring they have the latest news and intelligence to enable them to operate confidently in the marketplace. The new website contains full details of all the reports ICIS Heren offers, plus the opportunity to request free samples of ICIS Heren reports.

            ICIS Heren monitors the gas, power, carbon and coal markets through its team of expert correspondents. Companies use its pricing intelligence for planning and forecasting, as a powerful tool in day trading markets, in negotiations and to provide pricing benchmarks accepted by the industry.

December 12, 2009 at 12:09 am Leave a comment

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