Cisco: Three in four companies keen on embracing flexible work structure by 2016

About a third of employees worldwide may no longer have to go to their physical workplace by 2016, thanks to the cloud and growing bring-your-own-device (BYOD) trends, according to the Cisco TechWatch 2013 report.

It also suggests that more than three in four businesses around the world are expecting to shift to the next-generation workspace structure within the next three years.The report claims that a whopping 76 per cent of businesses are planning to revamp their operational structure based on maximum possible efficient usage of resources and skills by 2016. Almost 15 per cent of them are already closing in on the new model.

According to the report, smaller businesses are focusing more on remote access as they constantly search for new ways to improve productivity while helping employees to adapt to more flexible working environments.

"In 2013 we can expect to see IT get 'back to basics'. The macro challenges which IT decision makers face are clear and well defined, but what TechWatch shows us is how IT intends to meet these challenges," Ian Foddering, chief technology officer of Cisco UK and Ireland, said in a statement.

"The research shows us that whilst cost-cutting and reducing complexity is important, creating an environment where IT can support – or indeed drive – innovation within the business is paramount," he added.

The TechWatch 2013 report also suggests that almost 48 per cent of the companies that participated in the study see security threats as the most challenging factor threatening their business in the next year.