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YES-PACT Newsletter
Strengthening Ghana’s response to the digital and ecological transition of work for youth employment.
Globally, the nature of work is undergoing a transformation that is driven by the “twin transitions” – the fast-paced adoption of digital technologies and the shift towards green business practices to address climate change and its impact on society. This paradigm shift is reshaping how companies are increasing their focus on technologies like artificial intelligence, machine learning, mobile technology, virtual reality, and big data analytics that enhance and maximize productivity across areas such as data-driven decision-making, automation, and cybersecurity.
Studies have shown that adopting digitized business models yields significant productivity gains in the long run, with Gartner estimating that the digital workplace market is expected to grow at a compound annual rate of 14.6 percent, reaching US$45.7 billion by 2027.1 Additionally, Deloitte reports that adopting digital workplace platforms can save businesses up to US$11,000 per employee annually,2 thereby allowing them to make gains in productivity and efficiency.