Why Leading IT ITeS Companies Are Choosing Coworking Spaces | iHub Tech Park

1. Home Our Spaces About Us Blog Contact Us All Posts ihubtechpark · Nov 26 · 4 min read Why Leading IT/ITeS Companies Are Choosing Coworking Spaces? Updated: Dec 3 Coworking spaces have rapidly emerged as the workspace of choice for IT and ITeS companies in the last few years. Almost 40%-50% of India’s flexible workspace demand comes from enterprise technology teams, as their operations could not sustain the inflexibility of traditional offices. Hybrid work, client related scaling and cost effectiveness have made coworking spaces a viable solution. Emerging tech cities like Bhubaneswar are an evidence for this trend where Global Capability Centres (GCCs) and consulting units are moving into flexible workspaces that offer the correct balance of scalability, premium infrastructure and work-life amenities. Bhubaneswar, with mixed-use developments like iHub Tech Park, has increasingly positioned itself as an innovation-driven city, attracting technology companies that prefer modern, scalable work environments over conventional office setups. Benefits of Coworking Spaces and Hybrid Spaces Businesses approach coworking spaces because they provide a level of freedom that traditional leases do not allow. Teams can quickly expand or downsize when desired without being contractually bound to long-term commitments. This level of flexibility is exactly what makes workspaces best for any organisation that deals with changing work volumes as well as shifting or changing team structures. For example, in a workspace like iHub teams can move into fully furnished private suites or managed floors, or collaborative spaces and begin working on the same day. Plug-and-Play is the need of the day. Another key benefit is cost efficiency. Rather than spending on real estate, interiors, security, maintenance and support staff, companies acquire all these services bundled into one manageable and predictable plan and therefore. reducing their capital expenditure by 50-70% and occupancy costs by 25-30%. With smart building systems, high-speed connectivity, central HVAC, surveillance

2. 24 hours a day, and uninterrupted power in place, shared offices mitigate the additional costs of running a single organisation. This allows organisations to invest where it matters most - growth, talent, and business objectives as opposed to managing the office. Location is also essential. Coworking spaces, like the ones in iHub, are established in commercial growth corridors with excellent access to transportation, residential areas, hotel and business sections, which streamline the day-to-day commuting, easier hiring, and operational directives. For teams that routinely bridge multiple time zones, or conduct regular client visits, location is a defining benefit. In cities like Bhubaneswar, where infrastructure development is accelerating, strategic placement of coworking hubs plays a crucial role in supporting fast-growing enterprises and global capability centres. The experience of the workplace itself is another reason many businesses move towards flexible, office type environments. Modern coworking spaces are designed to ensure workers stay healthy and productive by providing natural light, covering of spaces, break-out areas, cafes, wellness, and activity spaces to support teams to stay alert, energised and engaged throughout the workday. iHub Tech Park combines these elements across its campus creating a balanced environment supporting focus, collaboration, and comfort. Workflows are easier, team interactions feel natural and the energy in the workplace is contagious. Sustainability is also a significant element of workspace decisions nowadays. Green coworking spaces focused on modern environmentally sustainable elements are more commonly the preferred workspace type for many organisations. iHub incorporates many energy efficient systems such as rooftop solar, EV charging stations, landscaped green areas, and low emitting indoor building envelopes to support responsible operations. A sustainable workspace offers economic and environmental benefits while also providing a healthier, more energising space for workers to operate in. Companies with a mandate for reduction in carbon emissions, will find The iHub Tech Park is a perfect place to work and grow. What Helps Your Team Thrive in Coworking Spaces? Teams flourish in coworking environments, feeling connected, supported, and inspired by their surroundings. Proximity to people involved in separate areas generates a sense of movement that keeps the workplace dynamic and fun. This organic energy helps support individual interests and intentions, and creates space for better brainstorming and the avoidance of monotony that can come from being isolated on corporate, stagnant floors. The collaborative nature of coworking helps facilitate communication, problem-solving, and relationships among teams that work together regularly. Another major benefit of coworking spaces is flexibility in people’s work styles. Some members of the team require quieter zones to focus, while others might prefer more dynamic, open, sustainable spaces for deeper thinking. Flexible workspaces offer both environments, allowing people to choose focus zones, lounge areas, private cabins, or meeting rooms depending on the task at hand. Being able to decide which environmental area best supports the current task has shown to drive higher productivity and better-quality production. In the example of iHub Phase I work environment, teams feel comfortable moving between collaboration and independent work rhythm and energy without the feeling of being disruptive to others. Work-life balance improves naturally in work spaces that emphasise wellness. Being able to get away from your desk for a quick healthy meal or catch some sunlight outdoors and/or in a fitness area, in the middle of their busy schedules, is an option that you would get only in iHub. Each little break is much more intentional, and employees return to work with enhanced focus and clarity of thought. For teams that find themselves juggling multiple deadlines or longer hours, small moments of reset make a significant difference in their performance overall. Final Thoughts

3. Companies value the flexibility, comfort, and adaptability offered by coworking spaces, which are often lacking in traditional office settings. As organisations seek environments in which hybrid work is facilitated, teams can scale faster and enjoy a more energising daily working routine. With a purposely designed ecosystem like iHub, organisations receive a space that has the ability to grow with the needs of their organisation while team members enjoy a workspace where they can truly focus, collaborate, and thrive. With Bhubaneswar rapidly emerging as a preferred destination for IT, ITeS, and GCC expansions, coworking ecosystems like iHub are helping accelerate the city’s transformation into a major technology and innovation hub. FAQs 1. Why are companies choosing coworking spaces today? Because coworking spaces give teams the freedom and energy traditional offices can’t match. Reduction in business operating costs is another major reason. 2. What makes flexible workspaces better for growing teams? They let teams expand or shrink instantly without slowing down their momentum. 3. Why is iHub becoming a preferred workspace choice? iHub blends smart infrastructure with a warm, uplifting environment that makes work feel easier. It’s a place where the corporate environment blends with hospitality, creating the unique iHub Experience. Coworking Spaces       See All Recent Posts Why Bhubaneswar’s Talent Pool Is a Growth… What Makes iHub Tech Park the Preferred…           GET IN TOUCH Reach out for leasing details or general enquiries. ADDRESS SALES ENQUIRIES First Name * Last Name * +91 7077567856 E/43, Infocity Ave, Sailashree Vihar, Patia, Bhubaneswar, Odisha 751024 Phone * Email * sales@ihubtechpark.com Message

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