Smart Buildings

Space Utilization for Commercial Real Estate Continues to Drive the Occupancy Analytics Market

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. At the World Economic Forum event in Davos in Jan 2020, Christian Ulbrich, CEO of JLLspoke with Business Insider remarking that space utilization technology was likely to have a particularly high impact for the company by lowering costs and creating better employee experiences Our new report on Occupancy Analytics and In-Building Location Services confirms the predominance of workspace management platforms in CRE deployments providing a range of solutions addressing multiple use cases. JLL, the second largest global commercial real estate services firm, has already invested in a number of platforms addressing space utilization and occupant engagement solutions, which help tenants make best use of their buildings. San Francisco startup company, VergeSense announced a $1.5M strategic investment in October 2018 led by JLL Spark, the division of JLL that manages a $100M venture fund connecting new technology companies with JLL’s business lines and clients. […]

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