What are your views on the evolving landscape of PropTech and coworking spaces?
In the wake of the COVID-19 pandemic, businesses have found a new way of maintaining their business continuity and it is through hybrid working. This shift from traditional on-premise working to hybrid working with employees splitting their time between home, a local workspace, and an HQ has, in turn, started decentralising how a business typically operates.
Now, the popularity of this remote working culture is also offering a secondary benefit to businesses. They realise that leveraging remote working can give them a never-before opportunity in breaking out of their hyperlocal status (for SMEs particularly) and serve a much wider audience across the world. And, many businesses are now looking at coworking spaces to support their hybrid workers at different locations. Because, when compared to traditional office spaces, coworking spaces incur a significantly lower operational cost and yet, helps in creating a sense of community among the remote employees by offering some semblance of a conventional workspace.
So what does this sudden popularity mean for coworking space managers and owners? It means we have to scale up our competencies as well to make the most of this favourable time. But before that, we need to focus on the areas where we can improve our offerings and services for the businesses using the coworking spaces. And it is needless to mention that we have all the necessary technologies at our disposal to streamline all the complexity in the back-end and provide a single platform for our business and customers.