CEO MONTHLY / ISSUE 3 2022 5 Revenues soar 32 per cent since consultancy introduces shorter working week. For immediate release – Businesses can fuel their postpandemic growth by implementing a four-day week working model, according to the experience of one technology consultancy. THRYVE, an emerging and critical technology recruitment business based in London and operating across the German market, has reported a 31.9 per cent boost in sales since introducing a shorter working week in 2021. At the same time, customer satisfaction ratings based on service quality and delivery have increased to an unprecedented 100 per cent, whilst worker productivity has risen by a fifth (20 per cent). John Lennon, Managing Director at THRYVE, commented: “The concept of the four-day working week is nothing new. Over the last three years, the number of recruitment adverts that mention it have tripled, yet they still only represent less than 1 per cent of all job postings. “This suggests to me that beyond the hype of implementing a shorter worker week, the appetite for changing traditional working practices remains low. The reason for this, I believe, is a lack of publicly available evidence to support the business case for its introduction. “As we emerge from the disruption and uncertainty of the last two years and enter the post-pandemic economy, now is the time for business leaders to rethink their existing working practices in a way that will reposition them for future growth. “That is precisely what the four-day week working model can do.” Critical to the success of the four-day week model for THRYVE has been the positive impact on staff mental health and wellbeing. “The last two years have highlighted the need for employers to take greater care of their people, both in the context of providing psychological security and supporting their mental health,” said Lennon. Indeed, after just three months, 84 per cent of staff reported a significant drop in work-related stress, 9 in 10 (89 per cent) stated they have become more productive, and 94 per cent say that they have a far better work-life balance. Lennon added: “Our experience has shown that the benefits and returns generated by adopting a four-day week business model significantly outweigh those of not doing so. “At a time when employer demand is high and talent availability is low, organisations need to do all they can to raise their profile as an employer of choice. After all, business growth depends on it.” For more information on THRYVE, please visit: https://www.thryvetalent.com/ Four-Day Week Working Critical To Post-Pandemic Economic Growth, Says Business Leader This will significantly accelerate the development of IoT and Edge devices and applications in the industrial space. Foundries.io, the leader in cloud native development and deployment solutions for secure IoT and Edge devices, announced on 28th February it is partnering with Variscite to simplify the development, deployment and management of secure IoT and Edge products on Variscite’s System on Modules (SoMs) based on NXP Semiconductors’ i.MX processors. Variscite is the world’s leading ARM-based SoM vendor with more than 1 million unit shipments per year, supporting more than 5,000 customers worldwide over 18 years. The companies will host a joint webinar March 2, 2022 to demonstrate how with just one click developers will be minutes away from a Variscite configured Linux platform. Registration is open now using this link. “With this one partnership, our customers instantly gain access to the FoundriesFactory platform and all the ease that comes with it,” said Ohad Yaniv, Variscite CEO. “With Foundries.io, our customers are able to get started on their Linux application development much more quickly and reduce resource inefficiencies associated with building yet another custom, fragmented Linux distribution. This will significantly accelerate the development of IoT and Edge devices and applications in the industrial space.” By some accounts, the Industrial IoT market will grow to $1.1 trillion in 2028 from $216 billion today. That growth requires a new way of building and maintaining Linux-based devices, one in which security and resource efficiency are paramount. FoundriesFactory addresses these challenges with a cloud platform designed to both simplify and reduce the cost of developing, deploying and maintaining secure IoT and Edge Linux-based devices. It accelerates product firmware, operating system and applications development, shortens time to market and provides the ability to monitor and update devices and fleets, keeping them secure over their product lifetime. “It’s a natural move to extend our cloud-based DevOps platform for embedded IoT and Edge to Variscite’s customers,” said George Grey, CEO of Foundries.io. “The nature of embedded development is changing, and FoundriesFactory delivers a common, easy way for developers to move quickly and to easily maintain devices for their entire lifetime from the cloud. We’re excited to make this available to millions of developers around the world.” About Foundries.io Foundries.io helps organisations bring IoT and Edge devices to market faster. The FoundriesFactory software platform reinvents IoT by offering a secure, customisable, Linux-based platform with fleet management services for the world’s connected devices. Now, product teams gain enhanced data security while reducing the cost of developing, testing and deploying devices across their installed lifetime. Our open-source platform interfaces to any cloud and offers maximum flexibility for hardware configuration so organisations can focus on what matters: IP, applications and value add. For more information, visit https://foundries.io/
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