Are shared services going to dominate the market

18 April 2018

The growing importance of the Internet and mobile devices in every aspect of life, causes systematical changes in the ways of conducting business. According to Walter Herz experts, global markets are currently gaining solutions related to sharing economy. They are introducing truly revolutionary changes in many sectors of the economy. The scale of the development of this field, which is one of the manifestations of universal digitization, can be evidenced by the estimated data predicting that in a decade the value of the world's industry will increase over twenty times.

Walter Herz specialists admit that sharing  already works great in such industries as transport, hotel, tourism and HR. - Cars ordered for a certain period of time using application, or an apartment anywhere in the world made available for rent online is a service, just like typical e-commerce, are becoming a part of the widespread internet commerce – point out the experts.

Co-working not only for startups

According to Walter Herz experts, the concept of sharing is also ideal for the office market. - It is expressed in the development of co-working spaces that are created as an optimal working environment for startups, young companies or freelancers. Thanks to the synergy provided by this type of space, such entities could develop faster. Today, however, the trend associated with the development of co-working space is also increasingly used by large companies and corporations that, see tremendous value in cooperating with startups. And it is not surprising, because they are often valued higher than mature enterprises – inform the specialists.

The growing co-working is a response to the demand of the current market, where remote and contract work as well as project execution are becoming increasingly popular.

This segment has become a powerful pillar of the office market, and it is visible in the example of London, where in 2017, co-working operators generated about 40 per cent share in the overall activity of tenants.

The popularity and convenience of such solutions lies in the comfort and efficiency of the lease, which is directly related to the already common phenomenon of smart working. A flexible concept of work, which means performing professional duties in various places and hours. In the opinion of Walter Herz experts, as a practical solution, co-working based on the plug & play formula fully meets such needs, because, unlike the offer of classic office space operators, it does not require signing long-term lease agreements.

Atmosphere, climate and networking

The idea of ​​sharing reflects the changes in the way of life and organization of work. For young people, digitization and quick access to various services via online platforms is a natural environment they grew up in.

In addition to the undoubtedly encouraging economic aspect of co-working , many entrepreneurs also see the opportunity to attract new talents to the company. The atmosphere and climate of co-working and the specific business ecosystems that they create, corresponds with the requirements of the young generation who are looking for opportunities to build relationships and belong to a specific community in the workplace.

As the specialist point out, networking is also a unique carrier of co-working spaces, which bring together people working in various industries. It gives one the opportunity to exchange knowledge and experience, as well as make interesting contacts. Sharing office space drives not only the increase of motivation, but also allows for gaining fresh approach to business and establish interesting cooperation.

Change in the way of thinking about ownership

The first co-working spaces appeared in Poland over five years ago. Now, space for lease per hour are already available in several hundred places, in all major cities in the country. In Warsaw, they are created in the best office facilities, and as their popularity increases, so does their quality and design value.

The change in the way consumers think about property, which is no longer an element of building a social status, has a significant impact on the development of share economy solutions. Young people want to pay only for goods that they truly use and only when they really need them. More and more people come to the conclusion that they do not even need cars, if they rarely use them. They prefer to borrow them to avoid the costs and responsibilities associated with their possession.

Fledgling car sharing

Car sharing, which is just starting to gain popularity in Poland, is already an everyday reality in the world. - In our country, such services are currently available only in five cities and are used by only tens of thousands of people, while in Europe it is a service that is used by several million people, inform Walter Herz advisors. - For example, in Germany, cars can be rented in 600 cities and they are driven by 1.7 million people, while the market records an increase by one third each year. At the same time, car sharing services include both passenger and freight transport, and are used by both private users and companies – add the experts.

Services and jobs from the Internet

Sharing economy is also bringing changes in the way of searching for employees and providing work. The internet platform connecting employers and contractors, is the foundation in this case. The former define their needs and the contractors determine their availability and the ability to provide services and work in a specific time and place.

In addition, we can observe a rapid evolution also in the case of general-purpose applications available on the Internet. Thanks to them, one can, for example, order a babysitter, professional maintenance work or cleaning. Now, these types of services are developing towards offering services in every aspect of life.

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