Just as software as a service (SAAS) is revolutionizing the way businesses use software programs, space as a service has the potential to change the way we think about office space. The space as a service model dovetails with the coworking concept in that it sees workstations, desks, conference rooms, and other elements of a workplace being moved to a centralized model of shared space. Individuals and organizations alike can rent space on an as-needed basis without taking on the full burden of facilities responsibility that comes with office leases or ownership. These responsibilities, such as maintenance concerns, fall under the purview of the space as a service provider rather than the tenant.
Space as a service doesn’t necessarily apply only to coworking spaces in which people from different organizations share the same office. It can also be seen as a sort of property management concept in which a space as a service provider takes over facilities needs for an organization and transforms the way its spaces function.