MARCH 20209The introduction of Artificial Intelligence in co-working habitats allows for smart desks that workers can use to control lights and heatingCo-working Helps meet Sustainability GoalsWith several companies, and people working under one roof, electricity, water and other resources can be optimally utilised. This can go a long way in help-ing achieve global, as well as corporate sustainability goals together. In India, roughly 75 per cent of start-up founders who are below the age of 35 works from a shared space. This consumer base is also found to give conservation of natural resources its due importance. Thus, with the conservation of resources on such a scale, it can result in 20-25 per cent savings on opera-tional expenses. Furthermore, most co-working spac-es are centrally located close to public transport hubs, and are a great way to encourage the use of public transport, easy commutes, and ultimately lower car-bon emissions. More recently though, a lot of shared workspaces have begun adopting green practices, es-pecially in terms of design, layout, and utilities. Their design incorporates the use big windows for natural sunlight to flow through, smart lights, solar powered systems and more. Some companies in fact, are also incorporating air-purifying plants, and those which are drought resistant, to help save water. Co-working is the Present and Future India has the third largest start-up ecosystem in the world, according to industry body, NASSCOM. It is also estimated that about 10500 new start-ups are expect-ed to enter the market by 2020. Further projections by CBRE show that the space take-up from co-working space operators will rise to 7.9 million sqft by 2020, up from 5.4million sqft in 2018. As a result, the sector is poised for tremendous growth, and will soon become the new normal, in the corporate environment.
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