Kjetil J. OlsenVice President, International at Elance‐oDesk

@kjetil_com

An Insight Into The 

Online Staffing Revolution

2005: Inauguration Of Pope Benedikt XVI

2013: Inauguration Of Pope Francis

Source: MBO Partners

1990 2000 2010

Telecommuting

Online Work 

1980

Outsourcing/Offshoring

“Online Staffing [is] the fastest‐growing area of staffing, and arguably the most revolutionary” — Staffing Industry Analysts

Like Smartphones, Work Is Evolving (And Has Been For A While…)

Online work is performed by remote workers where the work product is delivered virtually, via the Internet. 

Definition Of Online Work

The Growth In Online Staffing Is Explosive

Source: Staffing Industry Analysts

2020

Nearly half of the U.S. will be freelancing in 6 years

$47B global market by 2020

2020

$45B

2013 2020

Source: Freelancers Union

Elance‐oDesk Is The World’s Platform For Online Work

Freelancer Earnings in 2014

3.7MBusinesses

9.3MFreelancers

$930M

Online Work Platforms’ Three Key Pillars

Matching Collaboration Payment

Match

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Collaborate

© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.

Pay

© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.

Private Talent Cloud for Larger Enterprises

How Companies Are Working With Freelancers

Translation and Localization

Content for SEO

Data Collection, Structuring and Validation

Customer Service and Technical Support

User-Generated Content Moderation

Anything that can be done on a computer

Product Development and Prototyping

01>d

What’s Causing This Growth?

Drivers Of Change Are Causing People ToWork Differently

Technology Globalization Demographics

Society Energy & Resources

Businesses Are Becoming More Agile

Anna, Graphic Designer United Kingdom

Talents Want The Freedom To Work Independently

Companies Must Adapt To Be Competitive

“To compete in the future, organizations will need to push talent management beyond the confines of the enterprise wall to include the new extended workforce. By maximizing the potential of both an extended workforce and permanent employees, companies can gain critical advantages.”

–Accenture, March 2013

“As the workforce extends to the human cloud, management will face the challenge of measuring quality, interest and output.”

–Deloitte, August 2013

Ecommerce Shows The Potential Of Online Work

Hire Manage Pay

Shopping

Employment

Search Select Pay

Shopping

Employment

Thank Youelance.com | odesk.com

Kjetil J. OlsenVice President, Internationalkolsen@elance‐odesk.com

+47 977 49 101