Xigem Technologies (CSE:XIGM, OTCQB:XIGMF) Corporation has outlined how its technologies can help organizations and consumers thrive amid the ever increasing remote working environment.
"Even as physical workplaces reopen and pandemic-related restrictions are lifted, the work-from-home and hybrid models will remain widespread and business interactions will increasingly occur remotely. In response, successful organizations will need to deploy appropriate technology throughout the value chain," the tech group told investors.
It noted that its patented iAgent product was a customer acquisition, conversion and retention application that enables virtual and face-to-face interaction anywhere in the world.
It also said its FOOi product was a 'mobile fintech app' that facilitates digital payments through peer-to-peer and peer-to-business financial transactions.
Meanwhile, the software-as-a-service (SaaS) technology group's Cyclix Data offering is a business intelligence platform, which harnesses data to provide extensive information on potential customers and business partners, the company added.
READ: Xigem Technologies announces intention to acquire All Source B2B SaaS logistics platform for C$1.6M
Xigem also highlighted a Pew Research Center survey conducted in the USA in January this year, which found that more people are now working from home by choice (61%) rather than necessity (38%), while 78% of people currently working from home would like to continue to do so.
"With so many people working remotely, key decisions are increasingly made through technology-enabled channels," Xigem said, noting a recent Harvard Business Review (HBR), which described the challenges, that sales representatives face in securing person-to-person interactions with purchasing teams during the sales process.
More than 40% of business-to-business (B2B) buyers would "strongly prefer to avoid salesperson interactions altogether", instead relying on technology to support all of their procurement requirements. it found.
"As we approach the two-year anniversary of the start of the pandemic, it is clear that organizations must be prepared to switch seamlessly to remote interactions and processes to succeed in the new normal," said Brian Kalish, the CEO and co-founder of Xigem.
"At Xigem our focus is on providing tools for those organizations who are seeking innovative technologies that enable the effective management of their teams, customer relationships, payments, business risks and logistics in the world today," he added.
Contact the author at giles@proactiveinevstors.com