Wednesday 2 December 2015

Why Crowd Is the New Cloud

It seems like almost every day that a new structure of work is presented to the modern workforce. With options like freelancing and utilizing the “gig economy,” workers and employers have more options than ever when it comes to how we work, and how businesses can stay competitive in recruiting top talent as market demands increase.

One of the newest methods of work and in obtaining advanced skills is through crowd sourcing. The term itself is only 10 years old, and while utilizing the crowd is still a new idea, businesses taking advantage of this on-demand work format are seeing superior results in efficiency and cost savings.

While preliminary use of crowd sourcing has proven beneficial to workers and employers, as with any new idea or solution there can be a level of trepidation. When it comes to crowd sourcing, some of the fears and objections around why businesses are hesitant to implement this method of work are similar to ones heard a decade ago about using cloud computing solutions.

Similarities between cloud and crowd
Crowd sourcing offers proven benefits like flexibility, lower investment risk, and the ability to tap into global resources. In addition, crowd sourcing can also work as a pay-for-results based model, eliminating the risk of rework because of poor deliverable. Crowd sourcing can eliminate the need for costly on boarding of new talent or training updates when there is an increase in market demand. Accessing a crowd community means that workers will compete for the project presented, with the top talent and most advanced skill sets rising to the top.

Read More: http://recode.net/2015/12/02/why-crowd-is-the-new-cloud/

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