Toronto, ON -- (SBWIRE) -- 03/30/2012 -- For those who are still not familiar with oDesk, it is an online workplace that’s enabling businesses and contractors work together without geographic limits. Today, oDesk is growing rapidly and now became the globe’s largest and fastest growing online workplace where it has received $15 million in Series D funding. Platinum Account Group reports that oDesk is now considered one of the largest workplaces than all other online workplaces combined. This growth has been filled up by extensive customer adoption. Platinum Account Group spotted that over $300 million are the current earnings of oDesk contractors on an annual basis.

According to over 7,000 oDesk clients, from a survey, who have recently hired oDesk contractors signifies that online work is an emerging trend that is being influenced by smart managers. Some of them constitute hiring remote contractors as a long term strategy than a temporary solution, some believes that remote work makes their business more competitive, and most of them believe that remote hiring will soon be a common business practice. Platinum Account Group forecasts continuous growth for oDesk at their current stage.