Global Management Consulting Group, 3EA in partnership with real estate giant Stallion Properties has launched 10X to enable smoother transition to remote working.

The COVID-19 pandemic has caused a global seismic shift in the way organizations work. When most organizations started adopting work from home or remote working, the real estate and co-working spaces industry had bleak chances of revival. However, 10X was quick to recognize this impending change and innovate to survive a period, which set the real-estate industry clock backward on development.

According to a market research report by 3EA, the finance and real estate sector quarterly change in GDP went down from -5.3 percent to -8.1 per cent in Q2, as compared to Q1 of 2020. Organizations are now adopting mechanisms that not only lower their capital expenditure, but also ensure the safety and well-being of their employees. In line with this, 10X transformed its business model and offered holistic remote working solutions through innovative solutions that facilitate the functioning of a distributed workforce.

10X is more than a co-working space, it is a business incubation centre for budding entrepreneurs and start-ups. As de-densified workspaces and a distributed workforce environment are here to stay, we have designed 10X in a way that it provides holistic co-working solutions to equip and empower our customers. 10X will help all the business entrepreneurs to stay ahead of the curve by not only helping them with the co-working infrastructure, but also

helping them in their business management, by providing consulting solutions," said Bhupendra Gupta, Director - 10X on the launch event of 10X.

The COVID-19 scenario has helped further accelerate this process as we launched 10X to address all the specific needs across the spectrum of work requirements pertaining to work from home and work near home. This model has replicated the setting of a productive office work environment, which includes providing a physical infrastructure, IT infrastructure and business consulting solutions, creating a win-win partnership for everyone," said Manuj Gupta, Managing Director- 10X.