IMPROVING ACCESS TO SKILLS

FASTER HIRING 24-HOUR PRODUCTIVITY

A long tail of specialists is growing on oDesk.

4 Million Freelancers

Listing 2,389 skills in the past year

With more than 2.6M tests taken as proof of these skills

90% of spend on oDesk

With teams in multiple time zones, two-thirds (59%) of online work happens outside the client’s 9-to-5 hours.

ONLINE

OFFLINE

3

87

ONLINE WORK

HAS ARRIVED!

MORE THAN $1 BILLION

HAS BEEN SPENT ON WORK VIA ODESK

SPECIALIZED ROLES ARE ON THE RISE

40%

50%

55%

45%

60%

1975 1980 1985 1990 1995 2000 2005 2010 2015

Nonroutine

Occupations

Routine

Occupations

THE DECLINE OF INDUSTRIAL AGE WORK

Source: US Census Bureau, Current Population Survey

“If you literally have twice

as many productive working

hours in a 24-hour cycle as

your competitors, you can

get much further ahead than

they can in one day.”

The online workplace delivers:

The Rise of the Online Workplace

TECHNOLOGY TODAY BRINGS WORK TO THE WORKER

64% of businesses were looking for a new way to hire when they found

online work.

“talent shortages are likely to a�ect their bottom line in the next 5 years.”

66% of multinational companies say...

# O

F J

OB

OP

EN

ING

S

SKILL RANK ON ODESK

4 CATEGORIES

35 CATEGORIES

(with 42 other categories growing quickly)

VS

WHERE DOES WORK GO FROM HERE?Futurists describe the evolution of work

“We've passed into a new economic era, confronting business

and individuals with mounting challenges. Work marketplaces based

on social platforms—'placeforms'—fill a new societal need."

– Stowe Boyd

“Cloud computing is making it easier to start businesses anywhere.

Over the next decade the ‘rise of the rest’ will play a key role in creating jobs.”

– Steve Case

“Technology is transforming our relationship to assets and ownership.

Technology unlocks the idling capacity...”

– Rachel Botsman

"Millennials will be 75% of the workforce by 2025.

They see no need to be confined to a corporate o�ce, view the future of work as virtual,

and want freedom and flexibility to work anywhere and anytime they please."

– Dan Schawbel

“It will become di�cult to distinguish online workers from traditional employees.”

– Jeremiah Owyang

“Work is no longer a place. Future teams will be flexible and results-focused.

This creates more economic opportunity for both businesses that need to get more done,

and professionals who want to be untethered from a desk.”

– Gary Swart

“Where, how, when, and even why we work is changing rapidly.

Five generations—from digital natives to digital immigrants—are all in the same work

place, but with di�erent expectations. Organizations must strategically invest in

human capital or face epic failure.”

– R. Ray Wang

Joshua Warren // Creatuity Corp.ON ODESK ALONE

By 2018 online work is

projected to be a $5B market

The $1B already spent on oDesk makes it the largest

online workplace

3

Average days to hire

1

Brought to you by

FOR MORE INFORMATION SEE WWW.ODESK.COM/RISEOFONLINEWORK

Love the way you work.

June 2012 study by the Economist Intelligence Unit

U.S. O�ce of Personnel Management

Sta�ng Industry Analysts

1

2

3

2

IN 2007 IN 2012