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Author: SGS JSC

Join Scalable Global Solutions at Emergence 2024 in London!

Posted on by SGS JSC

We are excited to announce that Scalable Global Solutions (SGS) will be attending the prestigious Emergence 2024 conference in London, hosted by our esteemed partners, Wholesale Investor from Australia! This event is a unique opportunity for SGS to showcase our innovative solutions and connect with leading figures in the investment ecosystem.

 

About the Partnership

 

Our partnership with Wholesale Investor marks a significant milestone in our mission to help SMEs overcome hiring challenges and achieve seamless business expansion. Wholesale Investor, a renowned platform for high-net-worth investors, has recognized the value of SGS’s cutting-edge ‘Department as a Solution (DaaS)’ offering. This collaboration will bring unparalleled growth opportunities to our subscribers and partners.

 

Why Attend Emergence 2024?

 

Emergence 2024 is set to be a landmark event for investors, industry leaders, and innovative companies. Scheduled for June 7 at 155 Bishopsgate in London, the conference will explore the theme “The Era of Abundance,” highlighting the wealth of investment opportunities and technological advancements shaping the future.

 

Key highlights of the event include:

 

    • Networking Opportunities: Connect with over 500 high-net-worth individuals, family offices, professional investors, and industry leaders.

 

    • Insightful Sessions: Gain valuable insights from more than 15 keynote speakers and panelists discussing the latest trends in venture capital, family office investing, digital assets, and more.

 

    • Exclusive Access: Discover up to 50 private, small-cap listed, and fund opportunities, with direct access to innovative growth companies.

 

    • Thematic Panels: Explore trends in venture capital, digital assets, property, and small-cap investments that are set to influence the financial landscape in 2024.

 

 

Why SGS is Participating

 

At SGS, we specialize in providing comprehensive solutions for SMEs facing hurdles in recruitment, market expansion, and team management. Our ‘Department as a Solution (DaaS)’ service enables clients to build their in-house remote teams in Croatia quickly and efficiently. By attending Emergence 2024, we aim to:

 

      • Showcase Our Solutions: Present how our DaaS model revolutionizes business operations by streamlining recruitment and team management.

     

      • Expand Our Network: Engage with potential investors and partners who are looking for innovative solutions to enhance their business strategies.

     

      • Highlight Our Successes: Share success stories and case studies that demonstrate the impact of our services on SMEs worldwide.

     


Partner With Us!

We invite you to join us at Emergence 2024 and learn more about how SGS can transform your business. This event promises to be an unparalleled platform for discovering new investment opportunities and connecting with thought leaders in various industries.

 

For more information about SGS and our innovative Department as a Solution, click here.

Our team is looking forward to seeing you in London and exploring the future of business together!

Mastering Marketing: Proven Tactics for Business Growth

Posted on by SGS JSC

Unlocking the secrets to marketing success requires a holistic approach that combines a deep understanding of your target audience, a compelling brand identity, and clear, measurable goals. In the digital realm, harness the power of SEO, content marketing, social media, and email campaigns to engage and convert your audience. Don’t forget traditional tactics like print advertising, networking, and public relations, which still hold relevance in today’s multifaceted marketing landscape. To maintain your competitive edge, regularly measure your results using analytics and KPIs, and don’t shy away from A/B testing to refine your strategies. Stay ahead of the competition by continually learning and innovating. Marketing success is an ongoing journey that, when embraced with dedication and creativity, will lead your business to thrive in a competitive world.

Scaling New Heights: SGS Receives $150,000 Microsoft for Startups Grant

Posted on by SGS JSC

In the dynamic world of startups, every achievement is a significant milestone, and we at SGS are thrilled to share our latest accomplishment. We’ve recently secured the Microsoft for Startups grant, a game-changing move that propels us into the next phase of our journey. This grant, worth $150,000, not only recognizes our unwavering dedication but also opens up exciting new possibilities for our future.

A Leap from “Grow” to “Scale”

Our journey began with the aspiration to grow, innovate, and make a real impact. We’ve worked diligently, honed our skills, and made strategic moves. And now, we’re excited to announce that we’ve taken the leap from the “grow” phase to the esteemed “scale” phase. This transition signifies our progress, determination, and ability to adapt and thrive in a competitive landscape.

Microsoft’s Valuable Recognition

The Microsoft for Startups grant is not just a financial boost; it’s a testament to the value of our mission and our potential to drive innovation. Microsoft, a global tech giant, recognizes the potential in SGS and our unwavering dedication to our goals. This recognition is a tremendous honor and validates the hard work and vision that have guided us thus far.

Fueling Future Endeavors

With the $150,000 grant in hand, we’re poised to take on new challenges and opportunities. This grant allows us to invest in research and development and explore cutting-edge technologies that can take our solutions to the next level. It’s not just about the funding; it’s about the opportunities this grant creates and the doors it opens for us.

The Road Ahead

As we embark on this exciting new phase of our journey, we remain committed to our core values of innovation, quality, and customer satisfaction. The Microsoft for Startups grant is a testament to our potential, but it’s also a reminder of the expectations and responsibilities that come with it. We’ll continue to deliver exceptional results, exceed expectations, and drive our mission forward.

We’re grateful for the support and recognition we’ve received from Microsoft, and we’re excited about the opportunities this grant brings. We believe that this milestone is just the beginning of what we can achieve. As we scale new heights, we invite you to join us on this journey and be a part of our exciting future.

Stay tuned for more updates as we continue to innovate, grow, and make a positive impact.
The best is yet to come!

Unlocking Europe’s Economic Powerhouse: Western Balkans & DaaS Innovation

Posted on by SGS JSC

Becoming part of the EU single market is not just about trade—it’s about investment, economic modernization, democratic progress, rule of law, and better regional cooperation. In recent years, several initiatives have been adopted to foster regional economic integration, including the Common Regional Market Action Plan 2021-2024. These initiatives aim to build a common regional market based on EU rules and regulations and on the four freedoms. They are intended to be a stepping stone for Western Balkan economies to better integrate into European value chains and improve their competitiveness. The initiatives have focused on four main regional areas: trade, investment, digitalization, and industry and innovation. The establishment of “green lanes”—streamlined border crossings for freight vehicles—during the COVID-19 pandemic was a successful example of regional cooperation. 

The Berlin Process, a very important initiative that has pushed for faster economic integration with the EU, has also been revitalized, and the next meeting will be held in Albania in October. The Open Balkans Initiative, another project that started as an economic cooperation agreement among Serbia, North Macedonia, and Albania in 2021, has also offered some practical steps for better economic cooperation in the region. 

Regional economic integration is imperative for the Western Balkans to benefit from bigger markets and greater competition by fostering cross-border production chains and leveraging regional comparative advantages. To attract the interest of serious foreign investors, it is necessary to cooperate in a “pooled” competition for foreign direct investment. This will help countries to improve their competitiveness by incentivizing technological and industrial clusters, as well as help modernize their economies, facilitate innovation, and improve skills and productivity. 

As European companies are looking to relocate their supply chains closer to home, investing in the Western Balkans for the production of critical goods would contribute to the EU’s strategic economic autonomy, following through on the “de-risking” goals that occupy a key place in the EU’s newly published European Economic Security Strategy. 

In this context, Scalable Global Solutions (SGS), operating from Croatia within the Western Balkan region, plays a pivotal role. SGS offers SME businesses across Europe a unique digital service known as ‘Department as a Solution (DaaS).’ DaaS allows businesses to create remote Business Departments on demand, streamlining recruitment, facilitating office setup, and enabling effortless management of remote teams, all in one place through SGS’s software and mobile app. This innovative solution is helping businesses expand their operations efficiently and cost-effectively, aligning with the goals of regional economic integration and enhancing competitiveness. 

Developing European industrial clusters in the Western Balkans would increase the EU’s competitiveness, including in key areas such as green and solar industries, biotech, and electric vehicles. Ports in the Adriatic Sea are important for the resilience of trade routes and hold potential for investment in liquefied natural gas transportation as well. 

Lower labor costs in the Western Balkans and strategic connectivity in terms of energy and transport make the region attractive, but what is needed is more EU investment to improve infrastructural networks. EU investment in strategic infrastructure projects in the Western Balkans to boost interconnectedness would also counter China’s increased economic and diplomatic footprint in the Western Balkans. This growing footprint challenges European business interests and fuels practices that hinder the EU’s ability to enhance the promotion of Western norms and standards. 

Source: Western Balkans ‘nearshoring’ can turn the region into a strategic asset for the EU – Atlantic Council 

Croatia’s Startup Potential on Full Display: Google Acquires a Croatian Startup for 0,5 billion USD

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In a groundbreaking move, Google has successfully acquired Photomath, a Croatian startup renowned for its mobile app that solves math problems through pictures. Valued at an estimated 550 million USD, this acquisition marks a historic milestone in Croatia’s startup landscape. 

Despite this good news for Croatia´s startup ecosystem, the EU startup landscape has seen funding for venture-backed startups, decline by a 39% in 2023. Dropping from $83 billion in 2022 to an expected $51 billion. This decrease can largely be attributed to a retreat from U.S. investors, who play a significant role in driving funding activity in Europe. Despite these challenges, Croatia’s local and regional VC funds remain strong, presenting opportunities for growth and showcasing the country’s commitment to supporting innovation. 

Amidst the changing landscape of European startups, SGS has managed to shine with an outstanding performance in Q2 2023 compared to the same quarter in 2022. Despite the negative outlook on the funding market, the company witnessed a remarkable QoQ revenue growth of 117%. This highlights the opportunities the Covid-19 crisis has unlocked and the growing interest of businesses looking for alternative ways of working and reducing costs positioning SGS as an ideal support for any kind of business. 

However, the challenging EU fundraising market also impacted SGS’s efforts, resulting in a 74% reduction in raised funds during Q2 2023 compared to the previous year. Nevertheless, the company’s commitment to responsible financial management and sustainable growth remains steadfast. 

On a positive note, Q2 2023 witnessed an impressive client acquisition for SGS, growing its client base from 3 to 11 clients, representing a remarkable growth rate of 267%. This expansion reflects the growing recognition of the company’s brand and the trust clients place in its products and services. 

Furthermore, SGS’s diligence in executing its revenue strategy is evident in the achieving of a planned revenue increase of 250% in comparison to the year 2022. With only a slight variance of -0.30% from the planned revenue target in Q2 2023, this minor deviation highlights the company’s impressive growth. Considering we are only halfway through 2023 these numbers leave us excited about Q3 and Q4 and demonstrate SGS’s adjustability to market dynamics and its pursuit of continuous improvement. 

In Europe’s challenging startup landscape, the acquisition of Photomath by Google represents a significant milestone in Croatia’s entrepreneurial journey. Adding to the recent success stories of Croatia’s unicorns Rimac Automobili and Infobip, this demonstrates the potential of Croatia as a thriving and innovative startup ecosystem.  

SGS’s impressive Q2 performance showcases its unwavering commitment to excellence and adaptability in dynamic market conditions, with remarkable revenue growth and successful client acquisitions highlighting its strong market positioning. Irrespective of funding situations in Croatia or Europe, SGS continues to experience steady growth and continues to deliver an outstanding performance in Q2 of 2023, which serves as a testament to the market’s interest in our DaaS product and services. As we look towards the future, our primary focus remains on achieving our Break-Even point, a major milestone that will significantly reduce our reliance on external investment to cover our burn rate. Once we successfully reach this important goal, we intend to allocate all incoming investments toward the expansion of our Sales and Channel Team, as well as the development of the highly anticipated 2.0 version of our SGS ONE software. 

We sincerely thank our investors, clients, and employees for their continued support and dedication, which has been pivotal in our ongoing success, and we are looking forward to the challenges yet to come. 

Navigating the Future of Work: Insights from the World Economic Forums’ Annual Meeting

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2022 witnessed a glimmer of hope as COVID-19 restrictions eased, paving the way for a more optimistic outlook in 2023. The year began with aspirations of leaving the pandemic behind and embracing a new normal. However, the aftermath of the global crisis continues to cast its shadow on the business world. The World Economic Forum’s annual meeting held from the 16th to the 20th of January 2023 addressed these lingering aftereffects, focusing on the transformative impact of the challenges of the past three years.  

One of the key topics of discussion at the meeting was the future of work, encompassing anticipated changes in work conduct influenced by technology, generational shifts, and social dynamics. Part of the discussions focused on the issue of a growing talent gap in the EU, where more than 75% of companies report difficulties finding skilled workers, underscores the importance of addressing skills shortages in the region. While organizations express confidence in developing their existing workforce, they are less optimistic about talent availability in the coming years. This scarcity of talent poses a significant barrier to industry transformation, with skills gaps and difficulty attracting talent being key challenges. SGS recognizes these global issues as significant opportunities, as we focus on solving talent acquisition problems and assisting companies in adapting to dynamic market conditions.  

Part of the discussion on the future of work revolved around the aftereffects of the COVID-19 pandemic. The pandemic has brought about a major shift in the future of work, with three major trends reshaping how businesses operate. Remote work and virtual meetings have become the new norm, providing greater flexibility, and breaking down geographical barriers. E-commerce has witnessed unprecedented growth, compelling businesses to rethink their digital strategies. Simultaneously, the rapid adoption of digital technologies, such as automation and AI, has revolutionized various industries and work processes. As a result, traditional work setups are being reimagined, and businesses are now seeking sustainable growth and new ways of working. 

For SGS, these emerging trends present exciting opportunities, as the number of potential clients grows exponentially. Even conservative companies that were once skeptical about remote work are now open to exploring new possibilities. Our expertise in this area is highly valuable and relevant, as we remain committed to helping organizations navigate these changes and capitalize on the potential for success in the evolving landscape of work.  

In light of these global discussions, our company, during Q1 2023, demonstrated impressive performance and unwavering commitment to excellence and adaptability in dynamic market conditions. Notable achievements include a remarkable 232% increase in revenue compared to Q1 2022, a testament to the effectiveness of our strategic initiatives and the strong demand for our products and services in the market. 

By leveraging our current network of investors and reaching out to past investors, we achieved an impressive 69% increase in investments raised during this quarter compared to the same period last year. This success is a testament to the strong relationships we have built with our investors and their continued confidence in our business and growth prospects.  

Moreover, our client base experienced remarkable expansion during the same period, growing from 2 clients in 2022 to 10 clients, representing an impressive growth rate of 400%. This growth underscores the market’s recognition of the quality and value of our SGS ONE software and our DaaS solution. Furthermore, it is not only the growth of our client base but also our customer satisfaction, which has been a key driver of our success. Read more about the success story of our largest client ORBIS. 

Our company has consistently surpassed planned revenue targets, achieving a growth rate of 3.60% beyond the set plan in Q1 2023. This further illustrates our adaptability and ability to thrive in dynamic market conditions. 

We extend our heartfelt gratitude to our investors, clients, and employees for their unwavering support and commitment, which has been instrumental in our success. 

With the World Economic Forum’s annual meeting providing valuable insights into the future of work and the global business landscape, we are poised to navigate the challenges and opportunities ahead with confidence and resilience. Together, we look forward to a path of growth and prosperity in this ever-changing world of work. 

Scaling New Heights: Welcoming our new Partner “Der Mittelstand. BVMW”.

Posted on by SGS JSC

We are excited to announce our new partner “Der Mittelstand. BVMW” is joining our SGS Team. As one of Germany´s largest and most active business networks for SMEs, we look forward to working together toward making an impact in today’s dynamic market. 

“Der Mittelstand. BVMW” stands at the forefront of the SME ecosystem in Germany, advising and driving the success of medium-sized companies across Germany. With a network of more than 300 local consultants and international offices, they have built a reputation for providing valuable resources, advocacy for favorable business conditions, and a wealth of knowledge on relevant topics. Their core philosophy of “by entrepreneurs, for entrepreneurs” deeply resonates with our vision, and together, we are excited to make an impact in the investment world. 

Join us in celebrating this important milestone as we start on a new path together with “Der Mittelstand. BVMW”. 

Empowering Innovations: 10 AI Tools for Positive Transformation

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In recent years, we have seen tremendous growth in the field of artificial intelligence (AI tools). Today, AI has become an integral part of many industries, including the entertainment industry, where it is used to enhance the quality of videos, music, and other content.

 

In this post, we’ll explore some of the top AI tools available on the market that can help you take your content to the next level.

 

  1. First up is NVIDIA Broadcast (ver. 1.4.), which is a powerful tool that transforms your room into a studio. This tool uses advanced algorithms to enhance the quality of live streams, voice chats, and video conferences. One of the standout features of version 1.4 is the “eye contact” option, which helps you maintain eye contact with the camera while you speak. This is a great tool for those who find it challenging to talk directly to the camera. The best part is that it’s free!
  2. Next up is Fliki.Ai, a tool that creates films from scripts using realistic voices. With Fliki.Ai, you can create courses without using your own voice. This tool can be combined with ChatGPT to create compelling content that engages your audience. The only downside is that it doesn’t support the Polish language, and it comes with a price tag of 0 to 66 USD per month.
  3. DeepL is an AI-assisted online translator that supports nearly 30 languages. This tool can translate entire docs, pdfs, and more, and it also offers word suggestions. Recently, AI tool DeepL Write was added to this tool, which corrects text. If you need to translate content for your business, this is a tool that you shouldn’t overlook. The price for DeepL ranges from 0 to 49 USD per month.
  4. For those who don’t like to respond to emails, TryEllie is a perfect AI tool. This email assistant checks the content of the email and generates responses based on the style you choose. It works as a tool for Chrome/Firefox. The price for TryEllie is 16 to 29 USD per month.
  5. “Kittl” – Do you need to create a logo, a T-shirt design, or a social media post? This tool can do it all. You generate an image based on your text input (+ pre-made templates). It’s a great tool for marketing professionals. The price for “Kittl” ranges from 0 to 79 USD per month.
  6. Are you someone with a great idea for a simple app, but don’t have any programming knowledge to bring it to life? Look no further than Pico, a simple app builder that uses GPT-4. With Pico, you can input a description of your app or game, and in just a matter of minutes, the tool will generate everything you need to get started. On the Pico website, you can find examples like tic-tac-toe with a dog and cat. And the best part? It’s completely free.
  7. For larger companies, there’s Super.Ai, a tool that can automate information extraction from any document using artificial intelligence. This tool is especially useful for those looking to hide sensitive data, with options for privacy protection. While Super.Ai’s pricing is upon request, it’s definitely an interesting tool to consider for automating tasks.
  8. GetBots is a AI tool designed to help you create blog content faster, easier, and automatically. GetBots uses AI to fully assist you in creating blog content, including articles optimized for SEO. For a monthly fee of 49-99 USD, you can automate your blog and save yourself hours of time and effort.
  9. Looking to create your own AI bot based on your data that can work 24/7? Usefini has got you covered. With Usefini, you can easily add a link to your database and use an interactive chat with questions and answers without the need for any coding. You can even integrate it with other applications like Discord, Slack, or Zendesk. The best part? The pricing is incredibly affordable, with prices ranging from 0 to 0.99 USD for 10 queries.
  10. Finally, we have Mubert, an AI music generator that creates tracks based on your criteria. The best part is that you can use these tracks for free (royalty-free) by crediting Mubert in the created material. However, if you don’t want to give this information, there is a paid plan that allows for unlimited use of the music. The price for Mubert ranges from 0 to 199 USD per month or 18 to 499 USD for a single track.

 

In conclusion, AI is changing the way we create content. These tools can help you create compelling videos, music, and other content that engages your audience. Whether you’re a content creator or a business owner, these AI tools are worth exploring.

 

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What better way to start your week than with a training exercise?

Posted on by SGS JSC

Last week, we had the pleasure of hosting @DavorBilman in our offices for two full days of in-person training. 

The exercise was the improving awareness of key sales and investment abilities. It has also allowed us to bond with colleagues from different offices in a more relaxed atmosphere. 

Since one picture is not nearly possible to describe how the training went, we are bringing you several pieces of the atmosphere in the below gallery. 

http://sgs-daas.com/job-opportunities-2022/.







 

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10 Fun Facts About The SGS Team

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Diversity is our key.
We love our differences and are always curious.
We respect each other, listen, and are always ready to help.
With a smile, of course.
We enjoy the atmosphere at SGS.
We love to laugh and make jokes.
With the first step into SGS, you notice happy people, and it is so encouraging to be yourself.


Let’s start all over:

 

  1. We are a team of 11 different nationalities and growing

We employ our talent globally, whether for our clients or for us. There are no borders on planet Earth.
Talented and experienced people ready to work and make results are welcome to the team. We do wonder how many different nationalities will be till the end of the year. So exciting!

 

  1. The team member who travelled the most to become an SGS team member travelled more than 10.000 kilometers


There was arguing between Peru and Iran, but, of course, Peru won. The other places were Turkey, then Germany, Bulgaria, and Bosnia. We especially appreciate our Bosnian colleagues, who cheer us up every day.
As much as we love jokes, nobody can beat Bosnian humour.
Yes, they all came directly from their countries to the SGS. 

 

  1. Every nation loves ketchup (very much)

This hot and spicy topic during lunch happens often. Maybe better not to mention details. Okay, we will.
First, you grab the ketchup,
the plate and the fork,
And then the actual food.
And then you peek into the colleague’s plate to see how much they took.
Never enough ketchup.
Is it hot or regular?
It has to be hot!

 

  1. We fluently speak 11 different languages

Croatian, German, Bosnian, Spanish, Persian, Bulgarian, Hungarian, Turkish, Russian, Polish…oh and English. Want to join us?

 

  1. Most of us speak two languages, and some members even more

There are variations of combinations, but the usual one is English and German.
Whoever brings something new, we will try to learn at least a few words.
We can add Italian, Slovenian, Serbian, Chinese, Thai and Dutch to the above list.

 

 

  1. English is the official language in the company, although we are in the heart of Croatia

This one is obvious. It is not just that our team is diverse, but our clients are also worldwide.

 

 

  1. We have 4 dogs and 3 cats, and some of them sometimes prefer to work from home

We love it so much when they visit or stay with us, but somehow they prefer resting their paws on their couch.
We don’t judge.

 

 

  1. Our big lunch table is getting smaller every month

This sounds like pure magic.
It isn’t.
Our team is rapidly growing, and we love to have lunch together.
Good food, great jokes, sharing ketchup.
Gatherings like every happy family.

 

 

  1. We don’t care so much about the coffee as we care about the sweets

Don’t get us wrong, coffee is essential, but sweets go directly to the heart.
There is always something sweet in the office; this makes our day brighter.
We have a secret stash 😉

 

  1. We love popcorn, not just in the cinema, but in front of the computer, after lunch… We stop when we are done

You can see the colleagues walking through the hall with the popcorn.
They will gladly share it with you, but they won’t hand you the bowl.
Unless you do some trick, like: “look, there is a squirrel“.

 

 

 

 

 

 

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Investment Announcement

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We are proud to announce that Scalable Global Solutions has a new investor on board: Mrs. Marijana Babić acquired a stake in the company earlier this year.

Marijana Babić is a corporate Attorney-at-Law with fifteen years of work experience. With a Master’s in International Business Law from Hamburg, she has worked on various local and international corporate projects. She has been representing Scalable Global Solutions JSC since 2020 and is passionate about new technologies and innovations.

We are happy to have her on the team.

 

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The Future of Work

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The awareness that people spend a third of their lives working leads us to start to reinvent the working experience. The Future of Work means that we’re co-creating flexible working conditions, discovering new meaning, and demanding equitable and inclusive workplaces. Many businesses are proactively adapting to offer a healthy economy and competitive conditions for skilled talents. Leaders are reshaping power structures, being more open, developing compassionate ways, and learning that adopting more vulnerable management styles fosters trust-building environments.

Both forces are crucial: People want more from their jobs, and businesses are experimenting with new strategies to compete for top talent.

While non-traditional staffing arrangements necessitate new ways of thinking and experiences like employee on-boarding and management, the rise of the fluid and adaptable system may be critical for future success, and the trend is likely to continue. A sense of community and belonging has been of increasing priority for employers in recent years—and the concept of the workplace as a healthy environment is beginning to gain traction.

We at SGS are working toward creating the future of work.

We created a healthy and inclusive working environment called Future of Work. If you are a small or medium-sized company and want a cost-effective solution and complete control over your team, check out our DaaS solution. We will deliver service, including talent that matches your needs, and you can be sure that your team is placed in an encouraging environment with skilled and passionate experts.

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