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You can tell in which era an IBMer worked for big blue by how they answer the inside joke question "What does IBM stand for?" Those of a certain age will answer "I've been moved", a reference to the way high potential employees were moved to different sites as they advanced up the career ladder.
With the internet came the ability to work virtually, which promised greater flexibility, more productive workers and, not insignificantly, cost savings due to the need for less office space. Now IBM is among the latest big players to recognize how critical co-location is to support innovative, agile teams. Is co-location a passing trend, or the wave of the future?