Cost-effective technologies in planning co-working spaces

09 July 2019

Cost-effective technologies in planning co-working spaces

  • Construction World

A traditional office takes anywhere between eight and 12 months to be operational. However, co-working providers are committed to build a workspace in an average of three months.

Co-working offices are highly time-sensitive projects owing to high rentals costs and occupancy demands. If one goes by conventional design and build methods, site handover and costs invariably end up escalating owing to delays and inefficiencies. As many stakeholders are involved, these projects are also prone to communication lapses and reworks.

Tornado, a vertically integrated technology-driven B2B general contractor start-up, attempts to solve these problems with a three-pronged strategy, as Satya Vyas, Co-Founder and CEO, explains: “First, deployment of proprietary operational tech, which helps customers track all packages of a particular project—very similar to tracking an order on an e-commerce website. This gives end-to-end visibility to all stakeholders involved. Second, project communication tool—a native chat application that brings all stakeholders on a common page for collaboration, so multiple instructions and changes in drawings, etc, are captured in a single repository. And third, use of BIM. In large co-working spaces, we have done test implementations and BIM has helped us save fit-out costs, time and reworks for customers. We build coordinated and intelligent 3D virtual models on BIM to help design, construct and manage buildings in an easier way, which is time-efficient too. It gives you a realistic idea of the space in the planning and development phase, which is instrumental in making optimal use of what’s available.”

Tools such as AI, Internet of Things (IoT), machine learning and social networking can improve and optimise space utilisation and networking. With CoWrks already integrating AI and predictive data, Sidharth Menda, Founder & Vice Chairman, CoWrks, says, “We have built ecosystems such as CoWrks Connect, an app designed to transition physical connections that members make into the digital realm.”Machine learning algorithms make it easier to accurately predict specific events that members might be interested in, and thereby target advertising within their large member base accordingly.“We are in the process of developing artificially intelligent chatbots to assist members with simple tasks such as planning meet-ups with other members,” he adds. “An AI-powered personal assistant gives an employee more time to focus on more productive work. If employees need to report an issue or ask a question, they can simply post their query to a chatbot, who will forward queries to a real human office manager (a community manager), only if a machine response does not suffice.”

For IWG, its network is designed to help customers control costs while improving productivity. “Our co-working centres use enterprise standard and ‘always-on’ IT infrastructure and security protocols,” adds Harsh Lambah, Country Manager-India, IWG Plc. “With 24×7 customer service and a dedicated account manager supporting every contract, our customers can focus on what really matters to their business.”

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Awfis partners with Nucleus Office Parks to launch first ‘Awfis Gold’ Centre in Mumbai

13 July 2022

Awfis partners with Nucleus Office Parks to launch first ‘Awfis Gold’ Centre in Mumbai

  • Posted by Awfis Editorial

The workspace is located at Mumbai’s prime business and hangout hub, Lower Parel

Awfis, a home-grown flex workspace provider, has inaugurated its first premium category centre – Awfis Gold in Mumbai after the successful launches of 5 Gold centres in Bengaluru, 2 in Hyderabad and 2 in Chennai. The Mumbai centre has been launched in partnership with Nucleus Office Parks, the operating platform for fully owned Blackstone offices in India, with the goal to deliver an unparalleled workplace experience to the Mumbai clientele through its premium offerings.

The centre is spread across 27,000 sq. ft with 450 seats and is located at One International Center, Lower Parel which is the epicentre of entertainment and offices. With the launch of the first Gold centre in Mumbai, Awfis will now provide premium quality spaces with an enhanced focus on service excellence and superior infrastructure for their discerning customers with a key focus on large-scale enterprises.

Amit Ramani, founder & CEO, Awfis, said, “Given the rising demand of coworking spaces, Awfis Gold will emerge as the premium partner of choice for enterprises and CXOs who are now looking towards a hybrid model of working. Our newly launched Awfis Gold centre in Mumbai will provide Grade A infrastructure, state-of-the-art facilities and a world-class working environment that is certain to enhance productivity, safety & comfort.”

Currently, Awfis has 10 Gold centres spread across 3.5 lakh sq. ft. in Mumbai, Bangalore, Hyderabad and Chennai with another Gold centre coming up in Mumbai in the next 3-6 months.

This story appeared in the 13 July, 2022 issue of Construction Week Online and was originally published at: Awfis partners with Nucleus Office Parks to launch first ‘Awfis Gold’ Centre in Mumbai