9/24/2018

Why Are Big Corporations Moving Into Coworking Spaces?

Coworking spaces have been popping up all around the world. People in all types of careers appreciate the flexibility of working in non-office environment that has the amenities they need, such as fast internet and printing, along with a setup that promotes collaboration and creativity. When the average person thinks of members for coworking spaces, they picture freelancers, those who work from home or remotely, startups, and small companies. However, anyone can use a coworking space, and these are far from the only groups who do so.

 traditional office spaces
‍ Many big corporations are moving away from traditional office spaces and embracing coworking spaces.

Big Corporations Are Using Coworking Spaces

There is a growing trend of big corporations taking advantage of the benefits of coworking spaces. Some technological giants, such as IBM, Microsoft, and Verizon, are testing the use of coworking spaces for employees so they can be close to and easily interact with innovative startups.

One of the biggest coworking companies, WeWork, is seeing a growing number of large companies using their spaces. In fact, over the last year, WeWork’s clients with more than 1,000 employees have doubled. Just some of the big names with WeWork memberships include Salesforce, Starbucks, Microsoft, Facebook, and Bank of America. A recent report even noted that 25 percent of the annual WeWork revenue is from these companies with more than 1,000 employees.

These big corporations have good reasons for making the move into coworking spaces.

Ease of Access to Innovators

innovative ideas
‍Using coworking spaces gives large companies easy access to innovative ideas.

As mentioned before, some of the major tech companies that choose to use coworking spaces do so to get closer to innovators in the field. Because coworking spaces tend to have a social and collaborative element in addition to the features of a traditional office in a more relaxing atmosphere, it becomes natural to interact with others This gives large corporations access to startups with industry-changing ideas and new talent.

Improved Productivity

Having employees work side by side with startups and industry innovators does more than make it easier to get new talent; it also provides motivation and increases employee productivity. Employees tend to be more motivated when they see others around them working hard and producing great ideas, giving large companies another reason to use coworking spaces.

Cost Effectiveness

coworking saves money
‍Coworking spaces can allow big companies to save money

The reason so many individuals and small businesses use coworking spaces also applies to larger corporations. No matter the size of your business, coworking can save money, provided you choose the right space. Instead of having to rent an office space, buy furniture, pay for utilities, buy office equipment, and provide coffee and snacks, corporations can just pay a monthly fee to the coworking company and notice savings.

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Flexibility and Convenience for Employees

Most large corporations that let their employees use coworking spaces offer the choice of working in a coworking environment or in a normal office. This way, employees can have more flexibility and choose whichever location is more convenient for them. In the case of companies collaborating with WeWork and other coworking businesses with multiple locations, employees can choose the location in the city that is by other activities for the day, such as errands they need to run after work. Overall, employees tend to appreciate the shorter commute that comes from coworking spaces.

Platform

Location

Croissant

International

Included.co

International

Hubble

London

Coworker

International

Instant Offices

International

Pickspace

International

Share Desk

International

Happy Desk

International

DesksNear.me

International

DeskTime

International

Coworking London

London

Desk Pass

International

Copass

International

Coworking Wiki

International

Desk Surfing

International

Near Desk

US

Liquid Space

International

GoCoWo

International

Find Workspaces

US

Sneed

India

Ofixu

International

Meetings Booker

International

Qdesq

India

eWorky

International

Share your office

US

Spacelist

US and Canada

42 Floors

US

Office List

US and Canada

Coffices

International

Breather

US, Canada, Europe

Setting

Berlin

Key to Office

International

Peerspace

US and Europe

Bizly

US

Spacewhiz

India

Beewake

US and Europe

Awfis

India

Allofficecenters

Germany

Splacer

US

Lexc

International

Desk Camping

International

Worksnug

International

Seats 2 Meet

US

Coworking.Coffee

International

Commercial Cafe

US

Preferred Office Network

US

Heydesk

International

Office Freedom

International

Flexas

International

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