Coworking Trend Dependent on This

MIAMI—Coworking office space is taking the officing industry by storm. The momentum keeps building as companies like Regus and Servcorp raise their visibility in key markets.

Indeed, there is no lack of data on the alternative workspace industry. Executive office suites behemoths like Regus, along with niche online publications like OfficingToday and Deskmag, have offered plenty of proof that alternative workspace is entering the mainstream.

“Today's workforce is increasingly connected and mobile,” Jon Davis, vice president of in-building solutions at ExteNet Systems, tells GlobeSt.com. “This is demonstrated by the rapid growth in coworking spaces, which enable employees to effectively work as part of a virtual team using a number of  available wireless devices.”

But, Davis insists, these smart devices can be rendered “less smart” or practically useless without the underlying advanced wireless network to keep them connected. Technology makes the coworking world go round.

“Due to the combination of escalating real estate costs, BYOCD (bring your own “connected” device) realities, and the growing presence of virtual organizations, he says it has become imperative for commercial real estate to invest in wireless infrastructure,” Davis says. “The idea is to remain competitive and meet the needs of today's increasingly mobile and connected tenants.”