In the future, workplaces could be fundamentally different from what we experience today, with technologies in Artificial Intelligence (AI) transforming the world of work for a multitude of different industries.
Whilst the future of the workplace may come with some fantastic adaptations, it could also come with a whole host of new challenges that workers will have to adjust to. Below is a list with some of the main areas of the workplace that AI could change in the coming years:
- Staff collaboration
- Remote working
- Employee hiring and retention
- Business insights
Staff Collaboration
Many believe that human-machine collaboration will become an integral part to future workplaces, increasing productivity and thereby the success of the company. This collaboration could help to speed up many of the processes throughout a business, however, this will only be the case if collaboration runs smoothly.
The future could see a focus in job requirements and desired skills for potential employees, including a know-how of certain AI technologies and how to operate them, as these could become an increasingly integral part to many different businesses.
Remote Working
AI could also help future workplaces to collaborate more with remote workers, improving accessibility so that employees can conduct their work in their homes as effectively as if they were in the office.
One example of this is that AI could also make telerobotics more common within the workplace. Remote workers of the future could be able to operate sophisticated technology from a distance (e.g. their homes), which could completely reshape the way future workspaces function.
What this also means is that employees with a technical and specialist role in the company can have more freedom in where they want to work. This may help to improve staff retention and attract new talent, often looking for this highly sought-after flexibility.

Hiring Employees
AI technology may also help to revolutionise hiring, enabling businesses to analyse large quantities of resumes and social profiles, sifting through to find a precise list of the potential candidates for certain roles.
As well as finding them, AI technologies can also automatically interact with potential candidates, meaning businesses can both find and attract the best talent out there for open positions quickly and effectively.
The future of workplaces could therefore see improved efficiency in the hiring process, both in the quality and compatibility of potential candidates to the job role as well as the time in which they were found.
Business Insights
Workspaces are already gaining great insights into their business through the help of AI; its technology being used to better understand customers, learning how to attract new ones whilst also retaining those that already exist.
Considering the level of this technology now, the future for business insights is looking very exciting, and could lead to an even deeper understanding about how to improve the productivity, and thereby success, of businesses everywhere.
Optalitix are Insurance Times Awards Gold Winner - Release
Optalitix wins the Gold award for Excellence in Technology – Service Provider (General) category at the 2021 prestigious Insurance Times Awards. Read more here.

The role of an underwriter should not be underestimated
The multi-faceted contribution an underwriter makes to any insurance business transcends simply assessing risk. Read more about underwriting and the impact of it.
Changes to FCA Insurance Pricing
New rules from 2022 ensure customers who are renewing their insurance policies receive a quote no more than they would be quoted as a new customer. Read more.
The future of systems with embedded Excel models
The ease with which Excel models can now be converted and the number available requires a new age of system design. Find out more in this guide.
Convert pricing models using an Excel converter.
Optalitix have determined that using Excel converters to convert pricing models is the most efficient and effective method. Take a look at the features and more.
Converting Spreadsheets - The 3 Options
At Optalitix, we are able to convert spreadsheets in 3 ways: by recoding the system, using an existing commercial platform, or using an Excel converter.
Spreadsheet models need to go digital
Spreadsheets should move to cloud-based systems in order to benefit from rich features such as dashboards, databases and seamlessly integrated AI and automation.
Spreadsheet dependancy and pricing
Spreadsheets are frequently used for pricing due to their ability to build complex calculations quickly in a flexible coding environment. Read our guide now.
Optalitix powered United Trust Bank’s step into the future with instant mortgage decisioning
The mortgage market is always changing. Few banks are able to offer an instant decision on a mortgage, yet the United Trust Bank (UTB) is one of them. Read more.
Five reasons why pricing in the cloud will increase sales
Cloud based pricing ensures that everything from conversion to compliance is streamlined, efficient and controlled ultimately leading to increased sales.
Spreadsheet Sense Check
As business strategy evolves and growth is more dependent on cloud based tools like AI, machine learning and data, the value of spreadsheets might be affected.

Big Data Processing for Multiple Insurers
The insurance sector is data rich and decisions are made quickly using real time data. Find out how GoCompare embraced AI to add value to their partner offering.
Learn about Lloyd’s Lab – an influential insurtech accelerator
Membership in Lloyd's Lab allowed Optalitix to scale up and develop innovative ideas in collaboration with the world's largest insurance market. Learn more now.
Learn about Mass Challenge – a US based start-up accelerator
