WeWork Demonstrates How To Get Value From Smart Building Technologies

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Executive Summary

Office space provider WeWork has been a focal point of headlines in the real estate world since its inception in 2010 because of its rapid expansion and steep billion-dollar valuations. WeWork has also been at the forefront of smart building innovation, applying technology to improve construction processes, office design, space utilization and tenant engagement across its rapidly expanding building portfolio. It has been leveraging its position as a designer and operator of real estate to continuously use data collected during the operational phase of buildings to inform future building design. This report analyses WeWork’s application of technology to enhance the management of its real estate portfolio and identifies four key learnings for corporate real estate executives managing large buildings portfolios.

Table of contents

WeWork Demonstrates How To Get Value From Smart Building Technologies
WeWork Grows Its Technology Capability Across The Real Estate Life Cycle Through A String Of Acquisitions 
WeWork Has Increased The Efficiency Of Site Selection And Building Design To Keep Pace With Rapid Expansion
WeWork Leverages Mobile Apps To Drive Tenant Experience And Gather Ongoing Occupant Feedback

Facility Managers Should Pay Attention To WeWork’s Success In Maximizing Desk Density And Employee Engagement

Organisations mentioned

Accruent, Amenify, Beco¸ CASE, Comfy, Convene, CoreNet, Equiem, Euclid, Factual, Fieldlens, Global Holdings Group, Hines, iOFFICE, Mapiq, Meetup, PiinPoint, Siemens, SmartSpace Software, Sony, SpaceIQ, Tango, Teem, Welkio, The We Company, WeWork, Workwell.

About the author

Susan Clarke

Principal Analyst

Susan is a Principal Analyst in the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace management systems and IoT platforms for buildings. Her research expertise also includes a broad range of energy management technologies and energy services. Susan has eight years of experience in technology research. She holds a MSc from the University of London in Sustainable Development.

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