A workspace is a container that holds one or more models and their associated user interfaces, rules, and data.A workspace enables you to create and manage multiple versions of your configurator frameworks in Configurator Cloud1. The following statements are true about workspaces:

An effective date must be specified when you create a workspace.The effective date determines when the workspace becomes active and available for use.You can specify a past, present, or future date for the effective date2.

You can edit both the workspace name and description.You can change the name and description of a workspace at any time, as long as the workspace is not locked by another user.The name must be unique within the Configurator Cloud instance2.

While creating a workspace, the name must be unique.You cannot create a workspace with a name that already exists in the Configurator Cloud instance.The name must be alphanumeric and can include spaces and special characters2.

References:

Overview of Workspaces

Create Workspaces