#Stocks to watch
for Re-opening following #Pandemic (OTC: $EPAZ) (NYSE: $WORK) (OTCQB: $DOCRF)
(NASDAQ: $ZM) (NYSE: $AMC) @epazz @SlackHQ
@CloudMD_SS @Zoom @AMCTheatres
Point
Roberts WA, Delta, BC –July 12, 2021 - Investorideas.com, a leading
investor news resource covering cloud-based technology stocks releases a
special report on the new office/work environment as COVID restrictions are
lifted and many workers have become accustomed to working from home, featuring Epazz, Inc. (OTC:
EPAZ), a mission-critical cloud computing software provider.
Read this in full at https://www.investorideas.com/news/2021/technology/07121Stocks-To-Watch-Re-Opening.asp
As
workers were forced to work at home during the pandemic, the new work- at-home
model became more attractive than many companies expected, so the response to
opening up has been mixed and the new work station of the future is a hybrid of
both home and office buildings.
In
recent
news,
companies like HSBC, KPMG and Deutsche Bank said
they would be implementing a "hybrid" strategy which will see employees
share their workload between home and office.
Ian Stuart, the Chief
Executive of HSBC UK said some workers had already returned to its headquarters
in a socially distanced environment in Centenary Square.
Perfectly positioned to
benefit for this new model, Epazz, Inc. (OTC:
EPAZ), a mission-critical cloud computing software provider, confirmed
recently that DeskFlex desk
booking software is signing up new customers each week as employees return to
offices, but the success of working from home has permanently changed how
companies manage their employees and office spaces. Companies are finding the
hybrid model of allowing their employees to work part-time at home and
part-time at the office is working. Many companies have employees complete
individual tasks and light collaboration with team members via video
conferencing. Companies have found that heavy collaboration, such as product
development or strategy is best served in person - the hybrid model allows for
both. Large organizations are turning to desk booking software to manage this
process. DeskFlex desk booking software is the software of choice for
enterprises, governments, nonprofits and hospitals. Epazz will see an increase
in sales in its second quarter financials.
According to Survey
Monkey: "Two-thirds of workers who have been working from home
this year (65%) say their ideal choice for a future work setup is one in which
they could work both from home and from the office."
From the news:
“DeskFlex meeting
room booking software continuously adds new features and functions that help public
and private organizations, schools and enterprises transition to the "new
normal" post-vaccines. DeskFlex added vaccine management to allow
companies to track the percentage of employees who are vaccinated. DeskFlex
meeting room scheduling software recently added COVID-19-compliant features,
including the Thermal Scanner, Mask Detection, Social Distancing Survey, Contact Tracing,
Automatic Desk Sanitation, Dynamic Scheduling, Capacity Limits and Visitor
Management.”
From the news: “DeskFlex helps offices and schools prevent infection
within their vicinities. DeskFlex's room scheduling system can
also quickly facilitate the contact tracing process in case of an outbreak.
Complimentary devices - such as Contactless Room Display, the FlexCube,
Bluetooth Beacons and the Lobby Kiosks - assist in the software's
functionality.”
Founded in 1997, DeskFlex is
a pioneer in desk booking software, conference room
booking and remote working concepts. For over 20 years, DeskFlex has
continually improved to meet the demands and challenges of organizations in
different eras.
According to Shaun Passley,
PhD, CEO of Epazz, Inc., "We are gratified to announce that our team is
now working overtime to cater to different organizations that request
customized DeskFlex anti-COVID features and help them return to work or back to
school safely."
Earlier
in June, The Future Forum, a consortium launched by
Slack Technologies, Inc., (NYSE:
WORK) to help companies reimagine work in the new digital-first
workplace,
released a new global study that unpacks how 15 months of pandemic
work has shifted employee expectations. The Future
Forum Pulse shows that flexibility now ranks second only to compensation in
determining job satisfaction: 93% of knowledge workers want a flexible
schedule, while 76% want flexibility in where they work.
And employers should take
note: One in five (21%) knowledge workers is likely to jump to a new company in
the next year, and more than half (56%) are open to looking for a new position.
The Future Forum Pulse is based on data from more than 10,000 knowledge
workers in the U.S., Australia, Germany, Japan, France, and the U.K (see
detailed methodology below). In addition to the research report, the Future
Forum is also releasing three playbooks developed with Herman Miller, Boston
Consulting Group (BCG) and Management Leadership for Tomorrow (MLT) in
consultation with a network of C-suite executives from companies as diverse as
Chobani, Levi’s and the Royal Bank of Canada.
The research and the
playbooks paint a picture of flexible work that is more nuanced than the choice
between office-based or remote work. Instead, flexibility is shown to require a
new working model that delivers always-on access to information, creates
channels for consistent communication and carves out predictable working
rhythms—without having to revert to an office-based 9-to-5 schedule.
"The
past year shifted everyone’s expectations: People don’t want to go back to
pre-pandemic norms of office life, but they are also eager to turn the page on
the all-remote experiment that was forced upon them for the past 15 months.
Companies who want to attract and retain top talent must look forward to an
entirely new way of working: a flexible model that fundamentally reimagines not
just where but also when and how people work." —Brian Elliott, Future
Forum Executive Leader
Slack Technologies Inc. is also
releasing new features to help people work with their colleagues whether in
the office or at home, a sign of the stepped up competition around managing a
hybrid workforce.
Slack Huddles, one of the new tools, will
let users have casual audio conversations across channels and direct messages
on the workplace communications platform. Other features include the ability to
create and play back video and audio recordings with a full transcript as well
as an employee directory called Slack Atlas.
Even the healthcare sector is looking at
the new hybrid model of workflow such as companies like CloudMD Software & Services Inc. (TSXV:
DOC)
(OTCQB:
DOCRF),
a healthcare technology company revolutionizing the delivery of care, who
recently announced
that it has closed the previously announced acquisition of Oncidium Inc., one
of Canada’s leading healthcare providers to employers. Oncidium has built a
difficult-to-replicate ecosystem of over 500 clients servicing more than 2 million
employees across Canada and more than 2,000 health care providers and medical
assessors.
From the news: “The acquisition
of Oncidium enables CloudMD to evolve its ecosystem of healthcare services
through occupational health, medical management and assessment services.
COVID-19 has accelerated the need for employers to have robust health and
safety solutions resulting in increased demand for new approaches in the
workplace. The new capabilities will be a key component of the Company’s
Enterprise Health Solutions (“EHS”) Division and provide Oncidium’s clients
with access to our new connected healthcare platform. This transformative
acquisition expands CloudMD’s national footprint to include 5,500 clients and
over 5 million individual lives touched.”
From the news: “Since announcing
the binding agreement, Oncidium acquired an organization specializing in
independent medical evaluations and health-related services to employers and
insurers. The strategic tuck-in is complementary to Oncidium and will provide
immediate cost saving synergies through consolidation and integration. The
business has also developed an award-winning technology platform that offers
workflow management that will be used across CloudMD with our provider
networks. The highly accretive business generated $17 million in revenue with
positive earnings before interest, tax, depreciation and amortization
(“EBITDA”) for the 12-month period ending April 2021.”
Obviously, one of the biggest winners of
this hybrid model of work so far (featured in a recent
Bloomberg article)
has been Zoom Video Communications Inc.
(NASDAQ:ZM), who have also
been offering new features to their videoconference services and are pitching
new hardware to make this hybrid scenario work better.
Zoom recently
announced
that the company has entered into a definitive agreement to acquire Karlsruhe
Information Technology Solutions - Kites, GmbH, a start-up specializing in
real-time machine translation.
From the news: “Kites leverages self-developed technology
and predictive AI that runs in the cloud or on-premises to deliver the highest
levels of translation accuracy with low latency. The transcript and translated
text are displayed in real time before the speaker completes the sentence, and
are autonomously modified if a better interpretation is found by adding
context.”
From the news: “Zoom and Kites
will work together to advance in machine translations and provide multilingual
translation options in order to make meetings more productive and efficient for
Zoom users. In addition, Zoom is considering setting up a research and
development location in Germany.”
Zoom already offers real-time
transcriptions but these are limited to people who speak English. There are
plans to open a research center in Germany, where the Kites team will be
located.
Zoom has been benefiting from an expanding
enterprise customer-base backed by its cloud-native unified communications
platform. Its solutions combine video, audio, phone, screen sharing and chat
functionalities and make remote-working and collaboration easy.
Looking at how the world is adapting to a
re-opening mindset, it seems going out into the world for entertainment or
travel ranks much higher than going back to work. AMC Theatres (NYSE:AMC), the largest
theatrical exhibitor in the United States, in Europe & the Middle East and
in the world, just recently announced that audiences
came roaring back to AMC movie theatres in post-reopening record numbers this
weekend. AMC credits the opening of F9: THE FAST SAGA, as well as other movies
also currently playing at its theatres, to AMC seeing its busiest weekend
attendance numbers in more than a year.
From the news: Some 2 million people watched movies at AMC‘s
United States theatre locations between Thursday, June 24 and Sunday, June 27.
These are the biggest numbers recorded by AMC in the U.S. since closing its
theaters in March of 2020 due to the coronavirus pandemic.
The world is changing. There may never be a
full return to the “normal” office world many knew pre-COVID19 but many
companies, as well as employees are realizing the many benefits of the new
hybrid office model as companies are able to decrease costs, increase
efficiency and improve the work/life balance for many employees. Not only is
this new model good for businesses and employees alike but it also is
continuing to push innovation in cloud-based technology companies. The office
may never be the same, and that’s a good thing.
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