TEP Times 2016 | Page 5

TEP CONFERENCE • INTERNATIONAL WEEK The Future of the Workspace Are We Moving Away from the Traditional Office? By Dr. Amol Sarva F Change is now a constant in headcount. You need an on-demand office, not a ten-year lease. rom the time the physical office was first invented (picture Mr. Scrooge’s counting house) to the start of the twentieth century, little had changed. Then, in the 1950’s there was a great leap forward as architect Mies Van Der Rohe put the finishing touches on the Seagram building—a steel and glass box, every floor like an Excel spreadsheet of workers at desks. But things are changing. Knotel—now running eight company-sized workspace locations serving hundreds of founders in New York—is part of the first big wave of change since the cubicle. Here’s the megatrend in four ideas: Headphones and cell phones. The office is quiet now and there is little paper, so people sit closer together, needing fewer walls. Dr. Amol Sarva The office or the couch? You and your team can work from anywhere, and often choose to do so. So running an office is partly about making it a place people want to go. Too much or too little. Change is now a constant in headcount, especially with flexible hiring models. So your real estate needs are literally unknown. You need an on-demand office, not a ten-year lease. It’s the physical social network . Internally, so your people can bump into each other and connect, and externally, so they can bump into new people and ideas. The office is to your company what a city is to a society—“where ideas have sex,” to borrow from legendary VC Steve Jurvetson. Amol Sarva, Ph.D. is the founder of Knotel, Knotable, and Halo Neuro. @amol “Pitch Clinic” 10/10 @ 6:00 pm Knotel, Battery Park FinTech By the Numbers T he rise of Canada’s FinTech sector is backed by the world’s most stable financial services sector, a world-class technology sector, and a creative hub for new and emerging technologies. Technology spending by the Canadian financial sector was $12B in 2013 and expected to increase to $15B by 2018. Growing collaboration between financial institutions and technology companies is spurring innovation and competition—resulting in new business models, new revenue streams, and better products/services for clients. According to a March 2016 report by PwC, “The main banks in Canada are laser-focused on responding to both threats and collaboration opportunities presented by FinTech companies.” PwC estimates that there are currently over 80 FinTech companies in Canada, which have attracted investments of about $1B. Robert Antoniades, general partner and co-founder of Information Venture Partners, a spin-out of RBC Venture Partners from Royal Bank of Canada, will take part in the FinTech session on October 12. Invest in Canada Background Whether you are considering business expansion or new North American investment opportunities, Canada should be at the top of your mind as an investment destination of choice. Let Invest in Canada and our global network of professionals show you why Canada should be the strategic choice for your next business opportunity. Invest in Canada is responsible for ensuring that foreign investors have the information and assistance they need to make successful investments in the country. We work closely with partners across Canada to deliver the market intelligence, connections and support business investors need to identify and capitalize on opportunities. We offer a comprehensive, confidential and free of charge service. To learn more about Canada’s investment advantage, please visit www.investincanada.com or www.international.gc.ca. “Banks + FinTech: Exploring global lessons for cooperation on consumer-focused innovation” 10/12 @ 8:30 am Rise NYC 5