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Preparing the future of work with PropTech

Forbes released a recent article that analyzes how PropTech is key when it comes to the modernization of future workspaces. Property technology market started to rise after the pandemic, with it, also the proptech boom is emerging. Major commercial real estate brokerages (JLL and Cushman & Wakefield) “have taken a bet of confidence in the space by backing proptech venture capital funds”.

ProTech is developing solutions for new concerns regarding office spaces triggered by the pandemic. For example, how to share efficiently office space with different tenants, how to make office spaces safe if there is a resurgence of COVID 19, or another disease, and also how to integrate communication support with remote team members.

Let’s revise some interesting findings shared by Forbes that prove how proptech innovation can ensure a safe and productive return to the office:

  1. IoT Aids Better Environment Control and healthier offices: IoT technology, based on occupancy detection, can ensure the automatic regulation and adjustment of environmental features such as ventilation, heating and lighting. Healthier environments have a positive impact on employee’s productivity and well being. IoT is a technological tool that supports physical safety protocols (like ventilation and filtration systems) and helps managers to ensure their efficacy.

  2. Occupancy Sensors Help Building Managers Support Multiple Tenants: Proptech that is used to manage the environment can also be a powerful tool for CRE companies that support shared tenancy models. Shared tenancy models can be easily managed with occupancy and footpath sensors which help monitoring and controlling: smart entrance (sensors that limit building entry once occupancy of offices have reached their capacity), cloud-based security systems, layout optimizations for socially distanced collaboration and sanitation schedules for shared spaces.

  3. Proptech Enables Digital Integrations In Office Designs (Hybrid work): Properties can differentiate by the investment in proptech that supports virtual collaboration. Trends will emerge in the coming months such as: virtual interfacing with tools like two-way video intercommunication, offices equipped with technology technology that allows hybrid teams to communicate with high video and audio quality.

“Communications software like Zoom, Slack and Microsoft Teams will likely continue to play a major role in remote collaboration. But office-based teams will need a strong IT infrastructure, especially as cybersecurity threats to hybrid teams loom. CRE companies should also consider reevaluating their on-premise IT safeguards, such as servers and physical storage”.

  1. A Safer And More Secure Return to Office: IoT technology can help “take the burden off of building managers and tenants in creating a healthy and flexible office environment — and let employees just get to work”.

At MKThink we're developing technologies and strategies to help clients improve spatial intelligence in order to create productive and safer environments. To learn more about how MKThink helps organizations strategize their future, please contact us.


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