New York, NY – Members of the ALLIANCE Business Centers NETWORK descended on the city of New York for its 17th Annual Strategic Summit October 21-23, 2009. This year’s conference was especially important, as the Serviced Office Space industry starts to see several signs of economic recovery and prepares itself for exponential growth in the next 2-5 years!
ALLIANCE NETWORK Chairman, Frank Cottle, reminded attendees that the core elements of our business are People, Place & Technology. In this context there is a fundamental change toward more flexible and certainly more mobile workspace. Of course, the trend toward Virtual Offices is not new, but the demand of what Mr. Cottle calls “migratory flexibility” will provide tremendous opportunity and innovation around the vision of workplaces-as-a-service.
Indeed, our experience confirms this assertion as we have seen a mix of start-ups, entrepreneurs, as well as large corporate entities shifting towards hosted office space solutions and virtual offices. The most notable aspect is that, from our conversations with Fortune 500 companies, this shift towards flexible office space and virtual offices has been made at a strategic and policy level to change the way that the workforce and hence the workplace is conceived.
Attendees enjoyed spirited discussions and educational sessions about workspace, while also taking plenty of time to enjoy all that New York City has to offer.