Occupancy Analytics
Hybrid Work & Climate Change to Drive the Evolution of Smart Buildings in 2022
January 4th, 2022Hybrid Work is Driving the Digital Workplace Market
November 24th, 2021$180m Flows into Occupancy Analytics Companies as Market Anoints its First Unicorn
In the space of three days this week, two already well-funded Occupancy Analytics companies closed Series C and D rounds, underscoring (in case anyone was in doubt) investor confidence in the move to hybrid working driving demand for digital workplaces. On Monday, California-based Vergesense announced that it had closed a $60m Series C round led […]
Work is at an Unprecedented Junction with an Inevitable Conclusion
Before the COVID-19 pandemic, the US workforce spent just 5% of their total working time remote from the office. By the spring of 2020, that figure had risen to 60% and remained at a similar level for over a year, according to an April 2021 special report by The Economist. In Europe, 89% of companies now […]
2 Workplace Experience Deals in 1 Day Signals Growing Competition for Dominance
The recent acquisitions of Office App and Lane by HqO and VTS respectively, both announced on 19thOctober, are the latest indication that well-funded workplace experience app suppliers are seeking to gain dominance. The market is still fragmented given the number of players – over 100 suppliers globally, according to our Workplace Experience Apps report. HqO, a […]
Transforming Sin City with a Digital Twin
The US city of Las Vegas has become the second urban area to join Cityzenith’s Clean Cities – Clean Future initiative – a campaign aimed at helping most polluted urban centres become carbon neutral, by donating the company’s Digital Twin platform SmartWorldPro2 to targeted cities, one at a time. The announcement last week outlined a significant […]
Hybrid Work Models Challenge Offices to Compete with Homes
Office occupancy has reached its highest levels since March 2020 over the past month. Driven by high vaccination rates and the return of children to school in major markets, September has recorded an 18-month high of 87% occupancy compared to pre-lockdown levels, according to data from Metrikus. We may still have turbulence ahead but this is […]
Funding Boom in a Maturing Occupancy Analytics Market
There is strong competition for both funding and projects as many startups and established players consolidate their position and vie for business in the occupancy analytics sector for commercial office space. With over 220 companies vying for business, the market for technology platforms that locate and map people and workspaces is crowded. Three startups, Density, Locatee and Mapiq have taken the […]
Teach AI About Buildings So AI Can Teach Occupants About Energy Efficiency
Buildings consume more than one-third of global primary energy, but about 30% of that energy is wasted… why? After construction, buildings are concrete-steel-glass structures that have no inherent need to consume energy. It is only when you introduce occupants that a building’s operational energy needs emerge and, while serving occupants was always the intention of […]
Are Data Privacy Laws Good or Bad for the Smart Buildings Market?
What if there were no privacy laws for smart buildings? Would it really be good for business? Would it really be bad for occupants? Would the building be smarter? Would anyone want to live or work there? These are some of the many questions floating around the smart building sector as rapid technological development outstrips […]