B2B News for Friday, February 25, 2022: Study finds 1 in 4 Employees Could Quit This Year, New Appointments at Code Worldwide

B2B News
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Workers are going to keep job hopping for better conditions for the foreseeable future. That’s according to new research released by Ecsell Institute. The study surveyed hundreds of employees working for companies throughout the U.S. A full 25% of employees carry a moderate to high risk of leaving their jobs within the next 12 months. 

The Ecsell Institute also found that managers have a great deal of ability to retain their teams. Only 15% of those who report to a high-performing manager are at risk of leaving, while 66% of those who report to a low-performing manager are likely to leave the company.

“If our data is any indication, the saying that ‘people don’t quit their jobs, they quit their bosses’ is entirely true,” said Bill Eckstrom, CEO of Ecsell Institute. “On an individual level, managers have the power to end the Great Resignation for their companies and make 2022 their year of Great Retention.”

More information: https://www.ecsellinstitute.com/

Procore Technologies turned 20 this week. The construction project software company celebrated by announcing that Dexel has selected Procore as its construction management platform.

Dexel is a design-build multi-family residential developer operating only in Halifax. The family-owned firm hopes to help shape the future of the Halifax Regional Municipality for generations.

“Procore will help us not just work better as a team but to also take on more projects than we could before,” said Kris Skiba, VP Design and Construction, Dexel. “We’re successful when we’re able to get our contractors the information they need. That’s how the building gets done.”

Press release: https://www.businesswire.com/news/home/20220224005146/en/Multi-residential-Developer-Dexel-Adopts-Procore-to-Replace-Point-Solutions-With-a-Single-Platform

There are new appointments to report at Code Worldwide. Mark Hastings joins as its new Managing Director. Jon Salt has been appointed to the position of Managing Partner. Jessica Vo is also joining the team as Global Implementation and Client Service Operations Director with Fahad Shiltagh as VP of Operations and Lucas Galan as Head of Data Science Product. 

 “These are exciting times at Code,” said Matt McNeany, Founder and CEO of CODE Worldwide. “We are seeing amazing growth from clients looking to transform their ability to deliver true cross-channel personalization at scale. Now we’re setting ourselves up for the next phase of growth by bringing in some of the best talent in the industry. We’re delighted and flattered that Mark, Jon, Jess, Fahad and Lucas chose to join Code and bring with them the expertise and energy our clients are looking to us for.”

More information: https://www.codeworldwide.com/

Aptum, a hybrid multi-cloud managed service provider, has released part one of its annual Cloud Impact Study 2022. The report explores the deployment of workloads on different cloud infrastructures and examines the decision-making process behind their placement.

Key findings include:

  • The majority of IT decision-makers plan to increase their organization’s use of public cloud (78%) and private cloud (72%) infrastructure over the next 18-24 months
  • Eighty-six percent (86%) of respondents said their organization has adopted a hybrid or multi-cloud approach to cloud deployment
  • A vast majority of the respondents also recognized many of the benefits the cloud delivers to their organizations, with the majority agreeing it has delivered on expected efficiencies (90%)

“When the pandemic hit, many organizations reacted hastily to moving applications to the cloud and neglected some workload considerations that have since become apparent. So, while organizations see benefits from the cloud, they could have been more successful in their endeavors when the shift first took place if the requirements of each application were carefully evaluated,” said Chris David, Aptum’s Senior Cloud Product Leader. “Contrary to widely held belief, the cloud boomerang effect isn’t simply about moving workloads from cloud platforms back to traditional infrastructure. More accurately, the boomerang is the movement of applications between development and operations teams.”

Press release: https://aptum.com/newsroom/aptum-releases-part-one-of-2022-cloud-impact-study/

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Kate Baggott

Kate Baggott

Kate Baggott is a former Managing Editor of B2BNN. Her technology and business journalism has appeared in the Technology Review, the Globe and Mail, Canada Computes, the Vancouver Sun and the Bay Street Bull. She is the author of the short story collections Love from Planet Wine Cooler and Dry Stories. Find links to recent articles by following her on LinkedIn https://www.linkedin.com/in/kate-baggott-9a0306/