The future of virtual assistants: What can we expect?

the future of virtual assistants

Looking at the history of virtual assistants shows how the evolution of technology has grown the industry. Technology, of course, continues to evolve. Virtual assistants will too. What might the future look like? What can we expect moving forward? What technologies will continue to affect the growth of the industry? Let’s dig into the trends impacting the future of virtual assistants and glimpse what 2022 and beyond will hold.

To examine the future of virtual assistants, we will look at:

  • The benefits of virtual assistants continuing to grow 
  • The wider paths being paved for virtual assistants
  • The impacts of innovative technology
  • The diversification of responsibilities across industries
  • The benefits of a real estate investor virtual assistant

The Benefits of Virtual Assistants Continue to Grow

These benefits will continue to grow into the future of virtual assistants. For example, outsourcing property analysis to a real estate virtual assistant allows a real estate investor to concentrate on closing deals.  

Cost-effective Growth

A virtual assistant development strategy is a two-pronged approach to improving profitability. It lowers overhead costs and increases revenue through efficiency. It is a cost-effective growth solution for start-ups and more mature companies alike. This benefit is not changing in the near future. Outsourcing will continue to expand by providing cost effective solutions that allow companies to grow exponentially. 

Expanding Your Talent Pool

One benefit of outsourcing is access to an expanded talent pool. By reaching beyond your shores and local limits, outsourcing automatically grows your talent pool. Looking into the future, access to technology will continue to improve. Access to a larger talent pool with diverse skills will continue to improve as well. 

Adaptability Solutions

The business world has taken lessons from the pandemic that go beyond health concerns. Outside risk factors are real. Not only scenarios dreamt up by risk management. The pandemic proved the need to weigh unpredictable risks. It proved too that the other side of that scale is adaptability.

The businesses that survived and thrived over the past two years are those that responded quickly to shifting circumstances. Unpredictability is a risk. A flexible workforce is a necessity. The future of virtual assistants is rooted in this need for adaptability.

This is true across industries, but especially in ones that need to work lean. This flexibility is important for industries such as real estate investing. Knowing a virtual team can cover back office responsibilities clears the way to act quickly on more qualified opportunities.

Paving A Wider Path for Virtual Assistants

Now more than ever, it is easier for companies to utilize virtual assistants. This ease has expanded virtual assistants’ roles and responsibilities. There is no reason this widening of the path will not continue into the future of virtual assistants.

This wider path for virtual assistants has been paved through:

  • Work-restructuring
  • Unexpected cost-savings
  • Remote systems development

 

Work-Restructuring

Necessity is the mother of invention. When it comes to the structure of work, the pandemic was the mother of many remote work solutions. From work hours to remote spaces, the structure of work had been changing for some time. People did not start working from home in 2020. It was something that had been evolving for some time, but the pandemic catapulted this change forward.

What would have taken a decade or more to realize was done in two years. There is no going back. Work has been restructured. Changes to how and where work gets done has been transformed. This transformation paved a wider path for virtual assistants. It is also an opportunity for a wider range of companies to outsource in areas not imagined in the past. A real estate investor looking to expand can outsource support through every stage of a deal.

 

Unexpected Cost-Savings

During the pandemic, businesses found real savings in eliminating costly office space, furniture, and equipment and time-consuming commutes dragging down productivity. Finding viable remote work solutions supported this change. The infrastructure to build these solutions across industries has grown rapidly. This growth feeds the cost-effectiveness of outsourcing. The future of virtual assistants is a part of this growth.

 

Remote Systems Development

Before 2020 there was a psychological hurdle to thinking that in-person work was better, faster, and more efficient than remote work. This hurdle has become smaller through the course of the pandemic. Companies are weighing the pros and cons of remote work differently. More companies are willing to adopt remote working systems.

It is not that remote work does not come with drawbacks. The solutions to these drawbacks are now just easier to find and faster to apply. The human level that is needed for collaboration, decision-making, and trust building can be found through advances in remote technology and video conferencing.

More cost-effective, efficient, and sophisticated remote working systems have developed. From data mining to specialized sales support, more companies can take advantage of outsourcing opportunities. Emerging on the other side of the pandemic means these systems will be further utilized. This streamlining will impact the growth of outsourcing and the future of virtual assistants.

 

Innovative Technologies and the Future of Virtual Assistants

As proven by the past, technology changes the work environment. The future of virtual assistants depends on how future technologies are used and incorporated into the world of work. Technologies that are reconfiguring the workplace and enhancing employee productivity include:

  • Voice technology and natural language processing (NLP)
  • Chatbot predictions
  • Automated intelligent virtual assistants (IVA)

The goal of these innovative technologies is not to replace human analytical power but enable it to be focused on more productive areas. These technologies will:

  • Improve organizational systems
  • Allow for a more productive use of time
  • Create more rewarding work

 

Improved Organizational Systems

Future generations of virtual assistants will be able to be ready to work in any system from day one with the use of voice technology, chatbot predictions, and artificial intelligence. For your remote teams, these technologies will make your company’s organizational systems easier to navigate and more efficiently utilized. The result will be faster and more effective onboarding and a more closely integrated remote workforce. 

 

A More Productive Use of Time

The future of virtual assistants will provide an agile workforce leading to a streamlining of your business processes. Routine, mundane tasks can be covered by a digital colleague. Voice technology, artificial intelligence, chatbots, and virtual assistants can work in tandem to facilitate a better use of time. Your remote team will have time to execute more complex work and engage in creative problem-solving. The result will not only be the generation of innovative ideas but the time and energy to execute them..

 

More Satisfying Work

An automated intelligent virtual assistant (IVA) computer can handle low-level and routine requests, leaving more creative responsibilities and those requiring a more in-depth human approach to be tackled by your remote workforce. Uniquely human skills can grow and flourish. Empathy, humor, making others feel comfortable, negotiation, and persuasion can be utilized to improve your business and human jobs too. By moving from transactional work to more operative work, your virtual teams will have more challenging and satisfying work.

 

Diversification of Responsibilities Across Industries

In the past, administrative services were at the core of virtual assistant growth statistics. With more sophisticated remote work systems in place, the more it will be seen where a virtual assistant can fill a gap. The future of virtual assistants will see more diversified skills and expertise being utilized by a wider range of industries. Virtual assistants will bring authority of a specific industry to the table. Real estate investors can use a virtual team to find buyers and nurture leads like never before. Trending forward, virtual assistant business statistics will expand further into digital marketing, IT, real estate, and business startups.

This adds up to VA’s taking on more advanced responsibilities with a closer tie to main business functions. Outsourcing, including the future of personal assistants and virtual assistants, trends toward a stronger contribution to business success.

Roles and responsibilities beyond administrative support include:

  • Social media management
  • Computer systems services
  • Website development and architecture
  • Sales and business development
  • Financial analytics
  • Data management
  • Customer service and client support
  • Marketing campaigns and promotions
  • Bookkeeping and accounting
  • Content creation and management 

Virtual Assistant Services for Real Estate Investors

One industry where virtual assistants and virtual teams are expanding rapidly is real estate. Outsourcing responsibilities to skilled virtual professionals who are meeting investors’ expectations are well-trained to the specifics of the real estate sector. The timing of deals can be an obstacle for real estate investors. Virtual assistant companies provide a way over and through it.

Real estate investor virtual assistant services include:

TRANSACTION COORDINATION

BOOKKEEPING

LEAD SCREENING AND NURTURING

SOCIAL MEDIA MARKETING

DATA MINING

SALES SUPPORT

FINDING BUYERS

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