Office Bracket Challenge (OBC), created by commercial real estate advisor Eddie Rymer, announces their first annual challenge for SaaS (Software as a Service) companies to showcase their creative office spaces. OBC will solicit entries from SaaS companies nationwide, enlist a selection committee to narrow the competition to 32, and open it up to the public for voting through the championship round.
OBC’s format and schedule tracks with the NCAA Final Four and culminates with the March 24 announcement of the challenge winner, who will receive four VIP tickets to the Final Four in Minneapolis, April 6-8, 2019.“The Final Four is in my home town this year,” says Rymer. “If there was ever a time to launch this venture, it’s now.” In addition to a prime location for its tip off year, OBC capitalizes on the predicted exponential growth of SaaS technology adoption, Rymer’s niche with SaaS company companies and their office spaces, and the public’s enthusiasm around March Madness.
Rymer has observed the growth of SaaS from an insider’s perspective since 2015. By 2020, it’s expected that almost 80% of business apps will be SaaS-exclusive technology and the SaaS public market will reach $76B. “We’re seeing SaaS companies leading the market in new funding and as a result, they’re highly competitive when it comes to offering amenities to increase talent attraction and retention,” says Rymer.“Office Bracket Challenge is a way to get a look at these cool office spaces and gather SaaS business insights and industry best practices. And have fun while we’re at it.”
The challenge will accept SaaS company entries through February 15 at www.officebracketchallenge.com. Entrants will submit photos, 360 photos, videos and a brief description of their office cool factor. That factor could be their office environment, culture or insight on how and why their space is a great place to exist.
“We can’t wait to see these offices and read their stories. It’s going to make for spirited deliberation in selecting the 32 entrants that are released on March 1 to the public to vote on,” noted Rymer. The selection committee comprised of Saas Company industry partners will include architectural, furniture, audio/video and venture capital firm experts. As the challenge narrows in on 16 and so on, the deciders will be the public. The entire challenge will take place online and feature four regional brackets as the framework for the challenge: North, East, South and West.