#inspiringstories@Awfis - One stop solution to plug and play analytics: G-Square Solutions

Inspiring Stories

07 September 2016

#inspiringstories@Awfis - One stop solution to plug and play analytics: G-Square Solutions

  • Posted by Awfis Editorial

#inspiringstories@Awfis is an initiative by Awfis Editorial Team to showcase the brilliant business ideas and the journey of our startup member community.

In a world where there is competition everywhere, it is vital to know where your business is heading. And that’s when data analytics come into play. Data analytics help in enhancing organizations’ productivity, topline and bottomline by enabling them with data on the three Ws (Which product to sell, When is the right time to sell and to Whom to sell) and One H (How to pitch through right campaigns). Analytics as an industry is largely underpenetrated across many Indian enterprises especially in the mid and small size sectors. The role of analytics in enhancing organizations’ productivity is not recognized as much. Though globally, it is a very important tool for decision making.

There are very few companies globally who provide plug and play analytics solutions. This dearth of adequate resources gave birth to G-Square Solutions.

To harnesses this huge potential and underpenetration of analytics products and services, Gurpreet Singh and Gopi Suvanam came together to co-found G-Square Solutions. They complement each other in their Analytics, Technology, Marketing and Business Strategy skills essentially required for success of any enterprise. The operating team comprises of young nimble and energetic data scientists and technology associates with experience in analytics and expertise in product development.

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Team G-Square at Awfis centre

G-Square has been able to successfully offer services across Banks, NBFCs, Wealth Management companies, Asset Management Companies and Fin-Tech in a short span of less than two years.

G-Square has a B2B approach where they offer SaaS based financial products and also provide services in sales, marketing and risk analytics tailored to the client requirements. Their sweet spot is the Financial Services and Fin-Tech space comprising Banks, wealth management, payment, NBFCs, AMCs and Broking cos in India.
They have a strong expertise in Analytics and apply strong data engineering in each assignment. Fin-Tech and financial domain expertise enables them to solve industry specific requirements. Their uniqueness lies in using their in-house technology and proprietary algorithms for building models along with conventional methods. Their output driven work approach provides a lot of comfort to the clients.

The B2B model and the analytics space is quite challenging in terms of longer sales process cycle, availability of quality manpower and acceptability of products coming from a young startup. Although, they encounter longer sales cycles, ups & downs of sales pressures and product underpricing frequently, it is their strong resolve and credentials, product expertise and industry networking skills that help them in sustaining a strong foothold in the Industry. The urge to keep creating strong, pull-based products to solve business problems and establish a large Global Analytics enterprise keeps them going even in tough times.

Gurpreet says that they wish G-Square to be the most specialised plug and play analytics product provider with a nimble footed approach to client requirements. G-Square aims to be a large global analytics player which solves problems based on their data science solutions.

We at Awfis think that Gurpreet and Gopi’s entrepreneurial journey is motivational and we are proud to have such inspiring stories building in our centres!

Find your one-stop solution here at co-working space in Lower Parel, Mumbai or shared office space in Connaught Place, New Delhi.

This story is based on the interview of Mr. Gurpreet Singh, Co-Founder – G-Square Solutions by Awfis Editorial Team.

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Why Your Next Move Should Be to a Managed Workspace

Inspiring Stories

26 December 2024

Why Your Next Move Should Be to a Managed Workspace

  • Posted by Awfis Editorial

In a quickly changing work environment, organizations are continually looking for new ways to improve productivity, efficiency, and employee satisfaction. One alternative that is gaining traction is the switch to managed office space. As businesses prioritize flexibility, scalability, and a consistent work environment, managed offices emerge as an ideal alternative to traditional settings.

Let’s look at the world of managed workspaces and why switching to one, particularly with Awfis, could be the best decision for your company.

What Are Managed Workspaces?

Managed office spaces are fully serviced, ready-to-go work environments tailored to the unique needs of organizations. Unlike traditional leases, managed workspaces are customizable and adaptable, and cover everything from furniture and IT infrastructure to maintenance and utility management.

Companies that transition to managed offices can avoid the burden of workspace setup and focus only on vital business objectives. Managed office solutions provide the ideal blend of functionality and flexibility for startups, SMEs, and corporations alike.

Advantages of Managed Workspaces

Effortless Integration of Technology

In today’s technology-driven environment, a strong IT infrastructure is unavoidable. Managed workplaces make this easier by providing cutting-edge technology like high-speed internet, smart conferencing systems, and seamless communication.

With a managed office space, you receive access to IT assistance, resulting in less downtime and greater efficiency. Furthermore, you may scale technological resources as your company expands, avoiding expensive infrastructure changes.

Supporting Sustainable Development Goals

Sustainability is no longer a buzzword; it is a priority. Managed offices promote green practices such as energy-efficient buildings, waste management systems, and lower carbon footprints.

Awfis takes this commitment seriously, providing managed workspaces that include eco-friendly activities and promote a better work environment. Choosing a managed office helps your company contribute to global environmental goals and improves its corporate social responsibility reputation.

Facilitating Expansion into New Regions

Finding office space, establishing operations, and managing local restrictions are all common logistical challenges when expanding into new regions. Managed offices alleviate these problems by offering ready-to-go solutions that are suited to your specific requirements.

With Awfis’ pan-India presence, you can easily expand into any city without worrying about the details. A managed office space simplifies the expansion process, saving time and money.

Why Awfis is the Perfect Solution for Managed Workspaces

When it comes to managed office spaces, Awfis stands out as a leader. Here’s why Awfis is the right partner for your business:

  • Customizable Spaces: Awfis offers customized managed workspaces that are designed to suit your brand and operational requirements. Every feature is personalized, from open floor plans to private cabins.
  • Prime Locations: With a large network in key cities, Awfis ensures that you operate from premium locations that increase accessibility and prominence.
  • End-to-End Solutions: Awfis provides end-to-end solutions, including furniture, IT, administration, and even day-to-day maintenance, allowing you to focus on your business.
  • Cost-Effective Plans: The managed office solutions of Awfis are cost-effective, with transparent pricing and flexible terms.
  • Focus on Community: Awfis focuses on community by creating workspaces that encourage collaboration, networking, and creativity, bringing together businesses that share similar values.

With Awfis, you’re getting more than just a workspace; you’re getting a partner who is committed to enhancing your work environment.

FAQs

  1. What makes managed workspaces different from coworking spaces?

Coworking spaces provide shared settings, whereas managed offices are completely dedicated to a single organization. They are personalized, confidential, and incorporate end-to-end management to provide a flawless experience.

  1. How does a managed office space save costs?

Managed office spaces allow organizations to deploy money more efficiently by reducing upfront fees for setup, furniture, IT infrastructure, and upkeep.

  1. Are managed offices suitable for small businesses?

Absolutely! Managed offices are scalable, allowing for organizations of various sizes, from startups to major corporations.

  1. Can I customize a managed workspace?

Yes, customization is an important feature for providers such as Awfis. You can customize the layout, branding, and facilities to meet your specific business requirements.

Why Should Your Startup Be in a Coworking Space?

Inspiring Stories

26 December 2024

Why Should Your Startup Be in a Coworking Space?

  • Posted by Awfis Editorial

The startup journey is exciting, challenging, and full of decisions that shape the future of your business. One of the most crucial choices you’ll make is where your team will work. Gone are the days when startups were confined to stuffy home offices or expensive long-term leases. Today, coworking spaces for startups are becoming the go-to solution for entrepreneurs looking for a flexible, vibrant, and growth-oriented environment.

But what makes coworking spaces so ideal for startups? In this blog, we’ll explore the importance of coworking spaces, the advantages of coworking spaces, and the many benefits of a coworking space that can transform your startup’s trajectory.

What Are Coworking Spaces?

Coworking spaces are shared work environments where individuals and businesses come together to work independently or collaborate. These spaces offer everything from desks and meeting rooms to high-speed internet and networking opportunities, making them a perfect fit for startups.

The importance of coworking spaces lies in their ability to provide a professional yet cost-effective setting for businesses, helping startups focus on what matters most—growing their company.

The Benefits of Coworking Spaces for Startups

Why should your startup consider coworking? Here are the top benefits of a coworking space that can help your business thrive.

1. Cost Efficiency

Startups often operate on tight budgets, and renting traditional office spaces can be a financial burden. Coworking spaces for startups provide a more affordable alternative. With flexible membership plans, you only pay for what you use—be it a hot desk, a private office, or meeting rooms.

2. Flexibility

Unlike traditional leases, coworking spaces allow you to scale up or down as your team grows. This flexibility ensures that you’re never stuck paying for unused space. The advantages of coworking spaces include the ability to adapt your workspace to your evolving needs.

3. Networking Opportunities

In a coworking space, you’re surrounded by like-minded professionals and potential collaborators. The benefits of shared workspaces go beyond cost savings—they also provide opportunities to network, learn from others, and even find new clients or partners.

4. Enhanced Productivity

Working from home can be distracting, and traditional offices can feel isolating. Coworking spaces strike the perfect balance, offering a productive environment without the rigid structure of corporate settings. This is one of the many advantages of coworking spaces that startups appreciate.

5. Access to Amenities

From high-speed internet to fully equipped meeting rooms, coworking spaces for startups offer all the amenities you need to run your business effectively. These perks often come at no additional cost, making them a key benefit of a coworking space.

6. Professional Image

A coworking space provides a professional address and meeting facilities, which can be crucial when pitching to clients or investors. This adds to the importance of coworking spaces for startups aiming to establish credibility.

7. Increased Creativity

The collaborative atmosphere in coworking spaces fosters innovation and creativity. Being surrounded by diverse professionals can inspire fresh ideas and solutions—a major reason why coworking is important for startups.

Advantages of Coworking Spaces Over Traditional Offices

When compared to traditional office setups, the advantages of coworking spaces are hard to ignore:

  • Cost Savings: No need for hefty deposits or long-term leases.
  • Community: You’re part of a thriving network of entrepreneurs and professionals.
  • Flexibility: Move in and out with ease as your needs change.
  • No Maintenance Hassles: Utilities, cleaning, and repairs are all taken care of.

Why Coworking Is Important for Startups

The startup phase is a delicate time when every decision matters. Here’s why coworking is important for your business:

  1. Reduces Overhead: Focus on growth without being bogged down by office costs.
  2. Builds Connections: Surround yourself with potential mentors, partners, and clients.
  3. Promotes Focus: Create a dedicated space for your team to thrive.
  4. Encourages Collaboration: Work alongside other startups and share ideas.

How to Choose the Right Coworking Space

Not all coworking spaces are the same, and finding the perfect one for your startup is key. Here’s how to make the right choice:

  1. Evaluate Your Needs: How many desks do you need? Do you require meeting rooms?
  2. Check the Amenities: Look for essentials like Wi-Fi, printers, and parking.
  3. Consider Location: A convenient location can make a big difference for your team.
  4. Assess the Vibe: The atmosphere should align with your company culture.
  5. Review Pricing Plans: Make sure the space fits within your budget.

Real-Life Success Stories

Many successful startups began their journeys in coworking spaces. Companies like Uber and Instagram utilized the benefits of a coworking space to scale their operations before becoming industry giants. These spaces provided them with the flexibility, resources, and networking opportunities needed to grow rapidly.

Conclusion

Choosing where your startup works can define its early successes and challenges. The importance of coworking spaces lies in their ability to provide affordable, flexible, and resource-rich environments tailored to the needs of startups. The benefits of shared workspaces, from networking opportunities to professional amenities, make them an unbeatable choice for entrepreneurs.

Whether you’re a team of two or twenty, the advantages of coworking spaces can help you focus on what truly matters—building your business and reaching your goals. So, if you’re wondering why your startup should be in a coworking space, the answer is clear: it’s where innovation meets opportunity.

 

FAQs About Coworking Spaces for Startups

  1. What are the main advantages of coworking spaces for startups?

    The main advantages of coworking spaces include cost efficiency, flexibility, networking opportunities, and access to professional amenities.

  2. How do coworking spaces help with productivity?

    Coworking spaces provide a distraction-free, collaborative environment that boosts focus and innovation—key benefits of shared workspaces.

  3. Are coworking spaces suitable for growing teams?

    Yes, coworking spaces for startups are ideal for scaling businesses as they offer flexible plans that can accommodate teams of any size.

  4. What amenities are typically included in a coworking space?

    Common amenities include high-speed internet, meeting rooms, office supplies, communal areas, and sometimes even perks like coffee or gym access.

  5. Why is coworking important for new startups?

    Coworking spaces are important because they provide affordable, professional environments that foster collaboration and support business growth.

Sustainable Office Spaces: The Increasing Demand for Sustainable Office Spaces

Inspiring Stories

26 December 2024

Sustainable Office Spaces: The Increasing Demand for Sustainable Office Spaces

  • Posted by Awfis Editorial

The world is changing dramatically, and sustainability is emerging as a driving principle across businesses. The shift to a more environmentally friendly future is changing every aspect of our lives, from our homes to our modes of transportation to the food we eat. Among the numerous industries that are embracing this transformation, workplaces are emerging as key players in promoting environmental awareness. Businesses and workers alike prioritise the environment alongside efficiency, as proven by the rising need for sustainable office spaces.

This shift towards sustainable office spaces is more than a trend; it is a necessary change. Companies that implement sustainability at work not only solve serious environmental issues but also create healthier, more efficient environments for their employees. Let’s look at the reasons for the growing popularity of sustainable workplace practices and how companies are leading the way with office sustainability initiatives.

Why Sustainability at Work Matters More Than Ever

As environmental concerns become more urgent, the role of workplaces in reducing carbon footprints has come under scrutiny. Offices are energy-intensive, consuming large amounts of electricity, water, and other resources daily. Traditional setups often lead to unnecessary waste, from single-use plastics to excessive energy usage.

Embracing sustainability in office environments is no longer optional—it’s a moral and practical imperative. Here’s why:

  1. Environmental Impact

    A sustainable office reduces waste, minimizes energy consumption, and promotes eco-friendly practices. This directly combats climate change by cutting greenhouse gas emissions.

  2. Employee Well-being

    A workplace designed with sustainable workplace practices in mind can enhance indoor air quality, natural lighting, and overall comfort, leading to happier, healthier employees.

  3. Economic Benefits

    Implementing office sustainability initiatives can lower operating costs by reducing energy bills and waste disposal expenses. Over time, these savings can add up significantly.

  4. Reputation and Brand Value

    Organizations prioritizing sustainability at office settings showcase their commitment to ethical practices, attracting eco-conscious clients and employees.

Key Elements of Sustainable Office Spaces

A truly sustainable office integrates eco-friendly principles into every aspect of its design and operations. Here’s a closer look at some essential elements:

1. Energy Efficiency

Adopting energy-saving measures is foundational to sustainability at work. Offices can invest in:

  • LED lighting, which uses significantly less power than traditional bulbs.
  • Energy-efficient HVAC systems to maintain comfortable temperatures with minimal energy use.
  • Solar panels to harness renewable energy, reducing reliance on fossil fuels.

2. Sustainable Building Materials

From desks to flooring, sustainable materials like bamboo, reclaimed wood, and recycled metal are becoming staples in modern offices. Using these reduces the carbon footprint associated with manufacturing and transportation.

3. Waste Management Systems

Effective waste management is a cornerstone of sustainable workplace practices. Offices can implement:

  • Comprehensive recycling programs for paper, plastics, and electronics.
  • Composting systems to handle organic waste.
  • Encouraging digital alternatives to minimize paper use.

4. Green Spaces

Incorporating plants into office design isn’t just aesthetic—it’s an integral part of sustainability in office environments. Plants improve air quality and bring a touch of nature indoors, enhancing employee morale.

5. Transportation Alternatives

Encouraging employees to bike to work, use public transportation, or participate in carpooling programs significantly reduces commuting-related emissions. Providing bike racks and incentives for green commuting are impactful office sustainability initiatives.

The Role of Technology in Promoting Sustainable Offices

Modern technology plays a pivotal role in advancing sustainability at office settings. Smart systems can optimize energy use by automatically adjusting lighting and temperature based on occupancy. Virtual collaboration tools reduce the need for business travel, cutting down on carbon emissions.

Moreover, cloud storage solutions help eliminate paper waste, ensuring that document management aligns with sustainable workplace practices. Technology, when used thoughtfully, can be a game-changer in achieving greener office operations.

Inspiring Examples of Office Sustainability Initiatives

Across the globe, companies are setting benchmarks for sustainability at work with innovative programs and designs.

1. Google’s Green Offices

Google has long been a leader in sustainable workplace practices, boasting office campuses that run on 100% renewable energy. Their initiatives include energy-efficient buildings, composting programs, and shuttle services powered by biofuels.

2. Unilever’s Eco-Friendly Headquarters

Unilever’s offices feature cutting-edge sustainability in office environment designs, such as rainwater harvesting systems, solar panels, and green roofing. These measures not only reduce environmental impact but also create a healthier workspace for employees.

3. Patagonia’s Sustainability Focus

Known for its eco-conscious brand ethos, Patagonia integrates sustainability at office settings through comprehensive recycling, energy conservation measures, and even on-site childcare to reduce employee commuting.

How Businesses Can Implement Sustainable Office Practices

Transitioning to a sustainable office may seem daunting, but even small steps can make a big difference. Here’s a practical guide for companies looking to embrace sustainability at work:

  1. Assess Current Practices

    Conduct an audit to identify areas of high resource consumption and waste generation.

  2. Set Clear Goals

    Define what sustainable workplace practices mean for your business, whether it’s achieving net-zero waste or reducing energy use by 50%.

  3. Engage Employees

    Foster a culture of sustainability in office environments by involving employees in eco-friendly initiatives. Provide training and incentives to encourage participation.

  4. Partner with Green Vendors

    Work with suppliers who prioritize sustainability, from office furniture makers to catering services.

  5. Measure and Report Progress

    Use tools to track the impact of your office sustainability initiatives, and share achievements with stakeholders to build trust and accountability.

The Future of Sustainable Offices

As the world continues to prioritise environmental responsibility, the concept of a sustainable office will only grow in importance. Future workplaces will likely incorporate cutting-edge green technologies, from carbon-capture systems to AI-driven energy management.

Moreover, the demand for sustainability in office environments is set to shape real estate trends, with businesses actively seeking eco-certified spaces. Landlords and developers will need to keep pace, integrating sustainability at office spaces into their designs to stay competitive.

Conclusion

The journey towards a sustainable future begins with conscious choices, and workplaces are at the forefront of this transformation. By adopting sustainable workplace practices and implementing impactful office sustainability initiatives, businesses can play a vital role in protecting the planet while fostering productive and inspiring environments for their teams.

Whether you’re an entrepreneur designing your first office or a seasoned executive looking to revamp your workspace, investing in a sustainable office isn’t just good for the environment—it’s good for business, too. Let’s embrace sustainability at work and build a greener, brighter future for all.

FAQs 

  1. What are sustainable office spaces, and why are they important?

    Sustainable office spaces are workplaces designed and operated to minimize environmental impact by reducing energy consumption, waste, and resource usage. They are important because they promote environmental responsibility, reduce operational costs, and enhance employee well-being.

  2. What features make an office space sustainable?

    Key features of sustainable office spaces include energy-efficient lighting and HVAC systems, use of eco-friendly materials, recycling and waste management programs, water-saving fixtures, and incorporation of green spaces or plants to improve air quality and morale.

  3. How can a company implement sustainable workplace practices?

    Companies can adopt sustainable workplace practices by conducting energy audits, switching to renewable energy sources, using sustainable materials, encouraging recycling, reducing paper use, and educating employees about eco-friendly practices.

  4. What are the benefits of sustainable office spaces for businesses?

    Sustainable office spaces help businesses reduce operating costs, improve employee health and productivity, enhance their brand reputation, and align with regulatory and societal expectations for sustainability.

  5. Are sustainable office spaces more expensive to set up or maintain?

    While initial setup costs for sustainable office spaces might be higher due to investments in energy-efficient systems or eco-friendly materials, the long-term savings from reduced energy bills, maintenance costs, and waste management often offset these expenses.