It’s never been more important to harness global productivity. But, in many ways, it’s also never been more challenging.
As individuals across nations transition from traditional employer-employee relationships and form firms-of-one, they require an encompassing solution to working with the enterprises that require their services.Sprinter is immediately poised to capitalize on an IT services industry that is projected to reach $1.1 trillion in 2022, according to the Statista Technology Market Outlook released in June.
The largest segment of that market, IT outsourcing, with nearly $400 billion in value, particularly lends itself to a disruptive remote work platform making it easier for top enterprises to connect with global talent.
The platform’s forecast doesn’t end with technology services though. Sprinter can be effective for any industry in which remote work is possible, from human resources to legal, medical, design, and other fields, industries that cumulatively are worth trillions more.
Just as Microsoft Office and G-Suite provided the tools used by nearly every business in the traditional economic model, Sprinter is poised to become a single white-label solution for remote work management across sectors.
Another way to view Sprinter’s long-term potential is by looking at its potential market for business clients.
Three out of four businesses reported talent shortages and difficulty in hiring in 2022, a 16-year high for ManpowerGroup’s Talent Shortage annual survey. There are 55 million small and medium businesses (SMBs) in the United States and Europe, 80% of whom aren’t taking full advantage of digital tools and are actively looking for new solutions.
Capturing just 10% of the nearly 44 million businesses already actively looking for a digital solution to the challenges they face would give Sprinter a customer base of about 4.4 million.
Lastly, like the platform itself, Sprinter’s potential isn’t geographically constrained.
That massive untapped potential exists because the platform works for businesses regardless of their location or size, whether they are firms-of-one or firms of many.
Sprinter is building local businesses at scale, and it is doing so all over the world.