What is SaaS and why is it important for remote work?

SaaS (Software-as-a-Service) refers to cloud-based applications that users access over the internet instead of installing them locally. For remote work, SaaS tools are essential because they allow employees to collaborate, communicate, and access company resources from anywhere with an internet connection. They eliminate the need for physical servers or office-based software, making them ideal for distributed teams.

What is endpoint security and why does it matter for remote work?

Endpoint security protects devices like laptops, smartphones, and tablets that connect to a company's network. With remote work, these personal devices often access sensitive company data outside the protection of office networks. Companies like CrowdStrike (CRWD) specialize in securing these endpoints to prevent data breaches, malware attacks, and unauthorized access when employees work from home or public spaces.

What does "Zero Trust" security mean?

Zero Trust is a security approach that assumes no user or device should be automatically trusted, even if they're inside the company network. It requires verification from everyone trying to access resources, regardless of location. For remote work, Zero Trust (offered by companies like Zscaler) is particularly valuable because it secures access based on identity and context rather than location, making it ideal for protecting distributed teams working from various locations.

How do dividend yields relate to tech stocks in this collection?

Many technology companies in this collection, particularly growth-focused software firms, typically reinvest profits into research and development rather than paying dividends. This means dividend yields for these stocks may be low or nonexistent. However, this reinvestment often fuels innovation and market expansion, potentially leading to long-term stock price appreciation instead of regular income through dividends.

What factors might affect the growth of remote work technology stocks?

Several factors can influence these stocks: corporate remote work policies, cybersecurity threats, competition among software providers, technological advances, economic conditions affecting business IT spending, and regulatory changes related to data privacy. Additionally, the pace of digital transformation across industries and geographical differences in remote work adoption can impact growth rates for companies in this collection.

17 handpicked stocks

Work From Anywhere Kit

This carefully curated collection features companies that are building the digital backbone of remote work. Our analysts have selected leaders in cloud collaboration, cybersecurity, and digital infrastructure that are essential to the modern flexible workplace.

Han Tan | Market Analyst

Updated 2 days ago | Published at juin 17