One of the biggest co-working operators in Singapore, JustCo is continuing its rapid expansion. JustCo recently launched Verizon Innovation Community, which the founder and CEO Kong Wan Sing states is the first initiative like it in Asia.
The launch marks a shift in co-working towards collaboration between co-working operators and big corporates to curate communities within their premises. “The concept of co-working has evolved,” says Kong. “It’s about creating a community, and it’s something that is taking off among multinational companies.”
Verizon Communications, an American multinational telecommunications giant, currently occupies about 20,000 sq ft at its Singapore head office in Ocean Financial Centre. The Verizon Innovation Community takes up 10,000 sq ft, or half of the space.
Members of the innovation community that will be curated and managed by JustCo will be in the fields of cybersecurity, fintech/blockchain, digital media, Internet of Things and artificial intelligence. By having a targeted membership within the innovation community, the intention is to “give our workforce access to new and fresh perspectives in terms of ideas, talent and cutting-edge technologies”, says Nick LiVigne, Verizon’s global lead for innovation community development, in a statement.
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