After WeWork revealed a positive growth in the first quarter of 2019, experts are still concerned about how sustainable the company would be in the face of a recession.
Digital workplace integration is inevitable looking into 2019
Digital integration in the workplace has a clear set path and is showing no signs of slowing. While some organizations adopting a digital approach are skyrocketing, some are yet to reach digital maturity. So what can we expect on the future of the digital workplace in 2019?
Artificial intelligence (AI) will change the workplace, but won’t exactly take over. The fearful murmurs of AI replacing human workers is not true in the literal sense — instead, they will empower us.
With AI, workplace skills such as digital fluency will not be relevant. Still, certain processes (decision making, assessing talent, negotiation) can’t be replaced by AI. That’s what sets us apart from the robots.
Thanks to AI integration, employers will seek out traits in potential talent rather than skills.
Demands for mobile communication will continue to rise as the fast paced workplace requires more responsive workers. Smartphones have become a vital tool in the office instead of laptops.
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“Companies that embrace the evolution of mobile will see an increase in engagement and collaboration,” according to Rephael Sweary, President and Co-Founder of WalkMe. “If harnessed, this trend will birth a new era of productivity in the workforce.”
Improving digital user experience is also to be expected. Companies are quickly realizing that their digital system can be applied to employee usage as well, allowing AI to decipher how each worker best uses said system.
Companies have started investing into micro-platforms to fill in functionality gaps to deploy software quicker and with better customization. Because of this, IT will most likely become obsolete from the software purchasing cycle.
Now is the time for companies to imagine a future where technology is a necessary asset to a successful digital transformation. It benefits customers, employees and business practices overall.
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Coworking spaces are the perfect hub for sharing ideas and collaborating with like-minded workers, but what happens when the lack of privacy leads to corporate spying?
According to Coworking Resources, coworking spaces are continuing steady growth this year as firms continue to gear their services and amenities towards Millennials.
Young adults have started choosing the all-in-one model when it comes to work and favoring workspaces that also provide lifestyle amenities such as gyms, cafes, and more.
Codi is a startup out of the Bay Area that allows residents to apply as hosts and provides remote workers access to apartments or houses to be used as coworking spaces.
Ahead of its initial public offering, WeWork is shifting their narrative so public market investors see their losses as investments in an effort to avoid the Uber effect.
Kr Space, WeWork’s biggest competitor in China, has raised $145 million in a new funding round led by IDG Capital as well as Gopher Asset Management and Yixing Capital.
Coworking operator Industrious will open its first workspace within an Equinox fitness center at Hudson Yards in New York City, taking up 44,000 square feet of space.
Coworking provider Spaces has announced that its fifth Australian location will be located at Charter Hall’s newly redeveloped, luxurious Raine Square in Perth.
New York-based coworking operator Knotel will open its first Dublin location by the end of the year as it continues its major expansion across several European markets.