Downsizing, relocating, repurposing: the global hybrid working model is powering a technology-led real estate revolution set to be worth $12bn* by 2031.
Emboldened by the potential efficiency gains - not to mention the workforce benefits – enterprises everywhere are swapping large and expensive offices for smarter and leaner co-working and serviced office alternatives fit for the modern age.
In particular, businesses are attracted to the flexibility of short-term leasing and one-day ‘pop-up’ spaces which can have a significantly positive-impact; not only financially but also on the ability to respond with agility to evolving opportunities or changed circumstances.
Landlords and managing agents are responding to this most post-pandemic of trends by partnering with co-working and serviced office operators to rejuvenate and reinvent their brick-and-mortar assets.
Central to the realisation of their vision? Technology.
Sure, location, size, design, and accessibility are all at play. However, connectivity is key. And that means collaborating with experts capable not only of delivering every essential component of the enterprise communication tech stack, but also understanding the dynamics of this rapidly expanding market.
“Just drive around any large town or city and you will notice buildings and offices rendered vacant by the post-pandemic hybrid working model and companies that have gone completely remote – smart landlords trying to tempt companies back into the office are responding by repurposing their spaces to create modern digital office spaces,” says David Liu, CEO of leading business technology solutions provider Deltapath, which is helping serviced office and co-working partners capitalize on the opportunities.
“Companies welcome move-in ready facilities instead of having to furnish and equip themselves. Serviced Office and coworking operators are masters at creating furnished spaces to fit the vibe and culture of any company. To ensure they have the competitive edge, co-working and serviced office operators must include a strong suite of technology services, including mobility tools, enterprise instant messaging, telecommunications, and receptionist tools.”
Indeed, Deltapath in particular is already helping a rapidly growing number of serviced office and coworking operators such as, The Executive Centre, Regus, and The Work Project to gain a competitive advantage by offering a digital workspace partnership model that equips reimagined workspaces with everything they need.
