Every year not only technology, art, and science are developing. Development is accompanied by great discoveries that change our lives. However, to get through at least to the bottom of what will give us strength and motivation for something new is quite difficult. What changed? There was a new space where the unattainable became possible. We are here to show why corporate co-working & niche spaces are the future of workspace industry. 

This effective area called co-working, a place where people can freely find the right specialist, partner, and even client. This is where new collaborations come from, which can change the world.

The future is exactly behind corporate co-working, as today the largest world companies occupy spaces that involve the joint work of people from various fields. Thus, they provide themselves with a continuous stream of new talents, when you have a product ideas, as well as more favourable terms of rent, which allows spending less money on the premises and more to promote their work.

The Origin of Co-Working and Its Purpose

Literally, every second office worker dreams of changing his even the softest office chair on a home sofa with his favourite plaid, or on an armchair near the pool with the opportunity to dip feet in a warm water without stopping from the working process. If the first option is real enough, then the second one will already be near to the fantasy.

For a long time, the division of the working space went into 2 categories:

– work at home,

– work in the office.

Working at home requires great self-discipline and self-effort, but it allows managing the time on your own. Plunging into work at home, a person doesn’t have enough strength at the end of the day to go out, take a walk and get some fresh air. At the same time, work in the office gives a good discipline, but doesn’t allow you to completely dispose of your own time and pushes into the daily framework that is pressing down on the shoulders.

The choice between the two options is quite complex and for each individual. But what if you don’t have to choose? What if you can take a bit of homework, for example, a free schedule and a soft sofa, and borrow the collective work and communication in the professional sphere from the office approach? An American freelancer named Brad Newberg came to this decision in 2005th.

The purpose of such an idea and, subsequently, the implementation of the project, was the creation of special conditions that would increase the productivity of participants, and also gather specialists from different professions in one place. As a result of this neighbourhood an excellent cooperation in almost home conditions, thanks to the atmosphere could come out. It’s like a professional dissertation writing service that adjoins real estate agents.

What is Coworking?

This is a space that is neither an office nor a home. It helps a person to remain free, but at the same time, it disciplines. As a result, the specialist is comfortable in his workspace, where is not chained to a gaming chair australia at the table, but personal life and work are clearly separated.

Corporations That Have Mastered This “Space”

For today, this project is interested not only in individual workers working for themselves but also large corporations that allocate a whole staff working on innovative start-ups and test work in co-working. An excellent example of such giant corporations is Verizon and Microsoft.

If you have a small high-tech company and need to make a statement about yourself, there is no better place for networking.

Corporations that allocate staff to working in the co-working space, open themselves access in the first days to learn about new and interesting developments, innovations and ideas.

After all, leading companies on the market want to be the first to know about the latest trends and potential targets for takeover.

Corporations that entered into partnership agreements with such networks:

2016th – Barclays in New York launched the accelerator and gave it 3 floors under the co-working of TechStars.

2017th – WeWork bought the FlatIron programming school in order to attract novice developers to intercept access to the best specialists from other competitors and corporate clients. Today WeWork manages the offices of Airbnb, Amazon, and IBM.

Growth Factors

There are three factors identified by experts that are responsible for the rapid growth of the industry of joint work:

– the incessant growth of the development of start-ups,

– improvement of labor resources through innovative technologies,

– a generation of millennials, who prefer the economy of joint consumption.

A study for 2017th showed that 44% of corporations have resorted to a flexible solution for using office space. The forecast of this research shows that by 2020 the number of large American companies using this system will reach 65%.

This is justified by the continuous arrival of the company on the market, whose work begins with the organization of at least a small team for the work that must be placed somewhere. With the beginning of work, it’s difficult to predict the demand for and growth in the new labour market and a perfect decision is the placement of employees in co-working, instead of concluding contracts for renting real estate for 5-10 years. If the company is faced with a project failure, leaving their workplace isn’t a problem.

Annabel Kuper graduated from Harvard Business School and studied many executive education programs. She is a business strategic expert by day and essay writing fanatic by night, writing all sorts of great content and expert writer at Phdify. Annabel already helped a lot of people with essay writing and does not plan to dwell on it.