Corporate Coworking: Drivers, Benefits & Challenges
The utilization of coworking spaces by corporate companies is on the rise. Factors feeding the trend include increased flexibility, lower costs, greater emphasis on employee values and the global drive towards innovation. However, corporates have their own strategic position when it comes to coworking. Why do they utilize such space and what are the advantages and disadvantages of doing so? And what benefits and challenges does this trend pose for the providers of coworking spaces?
The Big Merge: Coworking & Corporate Real Estate
The coworking industry has long feared the day when traditional CRE firms would strip down and replicate the coworking model for its own purposes. They adopt the methodologies that work for them, and leave the rest on the table. The good news is that CRE players bring unprecedented resources to bear, which the coworking industry is in desperate lack of. In return, coworking methodologies will forever transform the way we manage, market, and consume workspace.
Will Coworking Hotdesks Be Replaced by a New Concept?
Today, over one million people flock to coworking spaces they once chose as their own. However, a fraction of people forming part of the coworking movement have now rejected the singular space lifestyle in favour of a more flexible model. Indeed, a new wave of coworking has emerged. It’s built upon the hospitality industry and it’s brewing in New York.
The Most Popular Online Tools to Manage a Coworking Space
Most coworking spaces are operated as second businesses of small business owners and entrepreneurs who sought shared workspace of their own. Due to the varying different types of spaces out there, all designed and operated in different ways, it appears no two spaces utilize the same exact software tools - except a few. The 20 most popular ones we've summarised into a word cloud. In addition to the data visualization, we’ve sorted the top hundred or so into a list.