[Techtaffy Newsdesk]

Online hiring platform Elance has surpassed more than $500 million of online work on its platform. There are currently 1.4 million independent workers online on Elance, it says. There are 140,000 active clients on Elance from 163 countries.

Elance says there will be three industry trends that will shape the future of online work:

  • 1 in 3 people will be hired online by 2020.
  • 1 in 2 businesses will have online teams by 2020.
  • Global professional guilds will emerge online. The increased adoption of social technologies will foster a new level of community building within the online workforce. Guilds will begin to form online around similar career interests, industries, and skill sets, mirroring traditional associations or networking groups. Professionals will tap these new social organizations to improve work practices and standards.

[Image Courtesy: Elance]