Boost your business capabilities and lower expenditure by embracing the sharing economy and buying into outsource services.

If the future of the workplace is flexible working hours, hot-desking and optional office time, it follows that technology must adapt according to the changing needs of business.

The business of the sharing economy

When it comes to the business world, the sharing economy has huge potential to increase profitability and drive efficiency by reducing expenses through workplace collaboration, shared technology, and communal office space.

In October 2016, WeWork raised $260 million in investment, offering a positive forecast for the future of shared space.

The same idea of collaboration can also exist with your device and service supplier.

Outsourcing your business essentials to an expert supplier means you’re gaining a partner who can advise and supply the right technology for the needs of your users and the overall company vision.

So, what other ways can businesses jump on board the sharing bandwagon?

Unused assets. Offices are full of assets that others would find useful, like printers or fax machines.

Floow2 is an online sharing marketplace where businesses can rent out their technology and their equipment.

Empty space.

With the rise of remote working, spaces are freeing up in businesses everywhere, and organisations can monetise their spare meeting rooms or desks.

Try LiquidSpace if you want to list your space.

Borrowing money: Peer-to-peer lending platforms like Funding Circle help SMBs avoid the complex terms of a bank loan.

The widespread adoption of the cloud and the accessibility of simpler, more advanced technology has catapulted the popularity of the sharing economy, outsourcing and service-based plans.

It has also freed businesses from the constraints of owning equipment and space and helped managers regain lost time spent sorting out IT and technology issues and updates – time that can now be invested back into the most important areas of the business.

As with most best-case business scenarios, it can be difficult to find the resource for changes within the business.

This is where the benefit of a managed service provider could enable positive change in a business.

For example, constant monitoring from HP DaaS with Analytics and Proactive Management helps to keep your infrastructure secure, and your devices running at optimal efficiency.

When all of your endpoints are managed by one provider, you’re going to achieve a more cohesive and fully covered network.

Above all, the outsourcing model of DaaS transforms your entire business, with cost and time saving and increased efficiency in every department.

Original Article via HP