Industry Updates

Indxx launches flexible workplace index

George Geddes

a laptop and a cup of coffee

Indxx has launched an index that tracks the performance of companies expected to encourage or benefit from the increasing adoption of telecommuting and remote working.

The Indxx Flexible Workplace index is in response to the recent coronavirus turmoil that has forced companies to work remotely.

The index is comprised of companies that act or are expected to act as enablers for the transition of flexible workplaces.

Indxx argued the remote working structure will last longer than the coronavirus crisis itself which catalysed the need for a change in work pattern in recent months.

The firm said some of the benefits remote working include building a robust business continuity plan to tackle similar crises in the future as well as reducing fees and enhancing employee productivity.

In addition to the operational efficiency, Rahul Sen Sharma, managing partner at Indxx, said: “The societal costs and benefits in terms of less vehicle traffic, lower emissions and cleaner air cannot be ignored.”

Vaibhav Agarwal, chief revenue officer at Indxx, added: “Our research team has identified areas which are expected to increasingly contribute and benefit from this ‘New Work Order’, including workplace virtualisation, AIOps, self-healing application providers, and freelancing service providers to name a few.

“The index, thus, focuses not only on current trends enabling workplace flexibility but is also forward-looking to ensure it continues to effectively target the flexible workplace theme as it evolves.”

Other index providers have launched similar products include Solactive which launched the Remote Working index in April.

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