Companies often have flex offices with docking stations.

So previously you would have a screen, mouse and keyboard at every desk and people would move a laptop (ignoring its low res screen and bad keyboard).

Here you would have just a screen at every desk and people move their mouse and keyboard.

Also, this does have a battery.

I guess think of it as a different form factor for a NUC?

Numeric keypad? Spill-resistant.

It's for businesses that don't need high computation, achieving effectively the same "monitor and keyboard" effect as the iMac; and for people using AR glasses like XReal One, Viture, etc.

It has an optional battery. This could be pretty epic for a glasses interface.

You don't have to pay for the small laptop screen. That makes it cheaper, smaller, lighter, in theory.