Smart Buildings

Acquisitions of Workspace Management Platforms Provide the Base for Occupancy Analytics Data

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This article was written by Daphne Tomlinson, Independent Senior Research Associate at Memoori. Recent acquisitions in workspace management platforms demonstrate the growing momentum for new ways of working in offices, driven by the trend to humanize the workplace experience, the demand for co-working and agile offices, the needs of multi-generational employees and changing space utilization requirements. Acquisitions are playing a significant role in consolidating the market for workspace management platforms and raising the quality of occupancy analytics offerings. Occupancy data acts as a base for many applications in the smart buildings space and acquisitions of occupancy analytics solutions offered by established players and startup companies are proving to be popular with vendors who aim to provide a broad portfolio of services to commercial real estate (CRE). There is increased competition as providers of software, hardware and services for office buildings position themselves in this growing market. Facilities management software firms and CRE service companies currently […]

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