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== Earnings Call Q4 2018 == | == Earnings Call Q4 2018 == | ||
==== Management prepared remarks ==== | |||
* Enterprises today spend an estimated 3.5 trillion on contingent labor. According to Upwork CEO | |||
* New integration into Microsoft 365 freelance toolkit (Power BI, Microsoft Teams, SharePoint and Flow) accessible for Upwork Enterprise clients. | |||
* New help me hire feature which allows clients to integrate a coworker/freelancer into the hiring process driver over 10,000 hiring managers sign-ups so far. | |||
* Relaunched mobile freelance ios app and planned launch of mobile freelance android app & client ios and android apps. | |||
* Macro tailwinds. (link to future work 2019 report). Young hiring managers are twice as likely to engage with freelancers. | |||
==== GSV and client insights ==== | |||
* A big part of SMB are in IT and are cross-border<ref>https://capedge.com/transcript/1627475/2018Q4/UPWK</ref>. | * A big part of SMB are in IT and are cross-border<ref>https://capedge.com/transcript/1627475/2018Q4/UPWK</ref>. | ||
* Building enterprise business where a big part are non-IT and domestic hiring-specific. | * Building enterprise business where a big part are non-IT and domestic hiring-specific. |