Unlocking the Power of Virtual Offices with Aaddress.in

Unlocking the Power of Virtual Offices with Aaddress.in

In an era where technology constantly changes the way we live and work, virtual offices are rising as a catalyst, changing obsolete offices and bringing a new world of productivity, teamwork, and work-life balance.

As many companies have accepted work from home and digitalization, virtual offices are unleashing new potential, allowing employees to work from anywhere, anytime, and unlocking their full potential.

The market value of virtual offices is expected to increase from USD 40.51 billion in 2021 to USD 137.65 billion by 2029, with a CAGR of 16.52%.

Those days are gone when employees were bound to their chairs from 9 to 5. The virtual office has given more autonomy to employees and business owners over their work.

Businesses have the freedom to create their own work environment anywhere they want. Now your office could be a bustling metropolis, a comfortable café, or your own home.

Your workplace will be unique to your tastes and preferences.

A report issued by Maximum Market Research, a leading company in market research, says around 44 percent of companies have shuffled their offices to virtual offices post-Covid-19.

According to financeonline.com, 62% of employees are ready to switch companies to join a business that operates through virtual offices. This clearly indicates that the workforce is happier with the virtual offices. And it also reduces attrition rates in companies.

The other advantage of using a virtual office is cost reduction. Aaddress.in, The virtual office company says they have reduced up to 87% of the total cost of hiring and maintaining physical office space with their virtual office services.

Aaddress.in was established in 2018 and got its first client in 6 months. The reason behind so much delay was the rigid mind-set in the market that companies can only run effectively through physical offices.

In 2019, the company faces breaking the pattern in the market. And it succeeded in challenging the prevalent rigid mind-set.

COVID-19 was a blessing in disguise for Aaddress.in to prove the relevance and prowess of virtual offices.

In 2021, Aaddress.in was established as a leading brand in virtual office services, and according to reports, the company have 400 plus virtual offices across India in 2022.

In the fiscal year 2023-2024, the company is planning to start virtual office services outside India too. It is not confirmed yet, but CEO Ankur Goel has not denied the possibilities.

Coming back to the benefits of virtual offices:

A normal physical office setup may take days or even months, but a virtual office could be set up in minutes. With just a laptop and an internet connection, professionals can now seamlessly integrate their work and personal lives, achieving a healthier work-life balance.

This save money is giving economic advantages to the company opting for virtual offices.

By eliminating the need for a dedicated physical space, businesses can allocate their resources more efficiently, investing in other critical areas such as talent acquisition, product development, or marketing strategies.

This cost-saving approach has proven to be particularly beneficial for startups and small businesses looking to scale their operations without breaking the bank.

The other benefit is an increase in productivity among employees. Employees have shown a 13% increase in productivity in the first nine months of working in virtual offices.

The reason behind increased productivity is a sense of autonomy and freedom. With more freedom at work, employees can unleash their creativity.

Moreover, virtual offices foster a collaborative environment, even in a remote setting. Advanced communication and collaboration tools, such as video conferencing, instant messaging, and project management platforms, enable teams to stay connected, share ideas, and work together seamlessly.

Also, with cost reduction, virtual offices have proven to be time savers for both employees and companies. Commute time is saved. The cost and time of travelling, meetings, and conferences are also saved due to virtual offices.

Companies across the globe have realised the potential of virtual offices. Now they have access to a diverse talent pool that is not restricted by geographic location.

Even employees are happy because they don’t need to leave their house or city for their dream jobs. This boosts their morale to work harder and more efficiently.

It is not that there are no challenges to setting up a virtual office. Companies may face issues, but they are manageable.

Issues like communication gaps among teams and management. Lack of office culture and nonconcordance with the brand image of the organisation Communication problems can be resolved with the use of advanced tools. Video conferencing, instant messaging, and project management platforms.

These tools enable employees and teams to connect, share ideas, and work together regardless of their physical location.

The company’s culture can be imbued into the employees’ lives via routines and rituals. Simple routines like report scheduling and feedback sessions can have a huge impact on the work culture.

Similar to the work culture, if employees are trained to follow some regulations and work habits like weekly, monthly, and quarterly review meetings, the brand image of the company could be sustained.

Despite these challenges, businesses of all sizes are embracing the virtual office revolution. Multinational corporations are leveraging virtual workspaces to enhance global collaboration, break down silos, and promote cross-cultural understanding.

Meanwhile, freelancers and independent professionals are embracing the freedom and flexibility offered by virtual offices, which allow them to pursue their passions on their own terms.

As the virtual office trend continues to reshape the modern workforce, it is evident that it is here to stay. The digital age has given rise to a new breed of professionals, empowered by technology to work whenever, wherever, and however they choose.

Companies that adapt to this paradigm shift stand to gain a competitive edge by tapping into a vast talent pool and harnessing the collective power of diverse minds.
In conclusion, virtual offices have unlocked the power of work in the digital age with their flexibility.

Great Place To Work Recognizes LoginRadius as One of India’s Best Workplaces

Great Place To Work Recognizes LoginRadius as One of India’s Best Workplaces

Independent assessment shows that 93 percent of LoginRadius employees agree the company is a Great Place To Work.

Hyderabad, India, LoginRadius, a global customer identity leader, has been recognised by Great Place To Work as one of 2022 Best Workplaces™ from December 2022 to December 2023 for its inclusive workplace culture and innovative business practices.

This recognition by Great Place To Work celebrates organizations conducting business in India that demonstrate high standards of organizational credibility, respect, and fairness in the workplace.

Great Place To Work evaluated LoginRadius’ employees via anonymous feedback and used a Trust Index™ parameter to determine the final score. The survey assessed factors like the management’s credibility in the areas of competence, communication and integrity, along with appreciation for good work, and opportunities for personal development and training.

Other key factors such as support for work-life balance, parity regardless of age, race, and gender, and the quality of inclusive practices for all were also evaluated in the survey. The assessment revealed that 93 percent of employees said LoginRadius is a Great Place To Work.

Highlights from the survey include:

  • 97 percent believe that their work place is psychologically and emotionally healthy.
  • 94 percent believe that they can continue working with the organization for a long time.
  • 90 percent believe that their performances are fairly evaluated.

Commenting on the recognition, Rakesh Soni, CEO LoginRadius said, “Every team, regardless of size, deserves and should have the opportunity to work in a stimulating and inclusive environment. At LoginRadius, our success is directly correlated to the health, happiness, and well-being of our team members.”

“We are thrilled to earn this Certification from Great Place To Work, as we continue our commitment to fostering empathy and kindness in the workplace — which is as important to our growth as designing the best technology innovations for our customers,” he added.

Vikas Jayeram, Associate Vice President of Business Operations at LoginRadius agreed. “We’ve introduced several path-breaking practices and initiatives over the years. We have been working hard to create a culture where people are valued, respected, and empowered to do their best work. This Certification has been a major milestone for us. It demonstrates our commitment to providing a Great Place To Work for our employees and creates a benchmark for others to emulate.”

As a global authority on workplace culture, Great Place To Work has been evaluating employee experience and people practices across organizations for over three decades. In India, the organization partners with more than 1400 organizations annually across over 22 industries to help them build High-Trust, High-Performance Cultures designed to deliver sustained business results. Hundreds of CEOs and CXOs from across India. are part of the great place community that is committed to the vision of making India a Great Place To Work for all.

The organization’s research shows that great workplaces are characterized by great leadership, consistent employee experience, and sustainable financial performance. These organizations can deliver a consistent experience to all their employees irrespective of their role, gender, tenure, or level. Their leaders believe in the vision of creating and sustaining a Great Place To Work for all.

To learn more about life at LoginRadius, visit us online at https://www.loginradius.com/careers-india/ .

About LoginRadius

LoginRadius is a leading cloud-based consumer identity and access management (CIAM) solution that empowers businesses to deliver a delightful consumer experience. The company has been named as a leading industry player in the CIAM space by Gartner, KuppingerCole, and Computer Weekly. Microsoft is a major technology partner and investor.

For more information, visit loginradius.com or follow @LoginRadius on Twitter.

About Great Place To Work

Great Place To Work is the global authority on workplace culture. Since 1992, it has surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a Great Place To Work for all.