- Hector Kolonas, co-founder of data synchronization platform Syncaroo and author of this week’s coworking newsletter, said that in its infancy, proptech has the capacity to become a major superpower in the coworking industry.
- This week at GWA (Global Workspace Association), Kolonas sat down with four other coworking industry experts for a panel discussion on “Behind the Scenes: The Past, Present and Future of Workspace Technology.”
- With 4 years of experience, these industry veterans offer unique insights on why technology is critical to the longevity of the coworking industry.
2021 JLL Report The number of real estate technology (proptech) startups has soared by 300% over the past decade.
That’s hundreds of companies focused on one mission: to make real estate operations more seamless.
According to reports, proptech is in its infancy and has the capacity to become a major superpower in the coworking industry. Hector CoronasCo-founder of Data Synchronization Platform Synchronize and author Coworking this week communication.
this week in GWA (Global Workspace Association)Kolonas sat down with four other industry experts for a panel discussion on “Behind the Scenes: The Past, Present, and Future of Workspace Technology.”
With 4 years of experience, these industry veterans offer unique insights on why technology is critical to the longevity of the coworking industry.
Include group members Sophia StolbergHe was responsible for launching Piloto 151, Puerto Rico’s first co-working space, nearly a decade ago, and currently operates PilotoMail, a mail management service.
Brian Sutherland Expertise comes from years of marketing and e-commerce industry. With this experience, he currently serves as Yardi’s Vice President of Commercial Real Estate.
Milo Miroslavco-founder and CEO of OfficeRND, founded the company in 2015 after seeing firsthand the inefficiencies of workspace operations.
In 2017, Ginger Daliwal Co-founded Upflex, a B2B (business-to-business) platform designed to provide professionals and companies easy access to sustainable flexible working solutions.
Three trends to look for in the future
The past decade has seen significant progress in workplace technology adoption, but current and upcoming trends may accelerate progress faster than ever.
Here are some of the trends these panelists expect to change office technology, and why operators should prepare for these changes.
1. Modular Stack vs. Modular Stack Single Provider
According to Kolonas, there is a growing divide between customers who prefer modular service stacks from different vendors and those who prefer to stick with a single provider for all their technical needs.
To remain competitive, proptech companies must be acutely aware of who their target audience is.
2. Flex space-specific innovations
A survey from CBRE It shows that 94% of financial services institutions will adopt a hybrid model in the near future, while 44% expect their flexible office usage to more than double by 2024.
The formalization of flexible offices means that technology providers must be two steps ahead to support co-working operators as opportunities arise.
Clearly, the future is hybrid, and by incorporating the right technology into office alternatives, operators can learn and meet the needs of their occupants, making businesses more likely to be repeat customers.
3. Data Leverage
Real estate is notorious for its slow embrace of technology, but the past few years have proven just how invaluable it can be to the industry.
go through Gather newly discovered dataflexible workspace operators and technology providers alike can gain insight into how the space is being used and determine the best ways to support operations and occupants.
Leveraging data doesn’t just mean seeing how many people are in the office, it also gives operators unique insights into what can be done to improve their workspace.
Data optimization means coworking operators can better understand their members, create a more equitable environment, and meet the needs of employees as they arise.