Three trends shaping the future of coworking technology

• According to Hector Kolonas, co-founder of data synchronization platform Syncaroo and author of the This Week In Coworking newsletter, proptech is still in its early stages but has the potential to become a major superpower in the coworking industry. increase.
• This week at GWA (Global Workspace Association), Coronas will sit alongside four other coworking industry professionals on the “Behind the Screen: Past, Present and Future of Workspace Technology” panel.
• With 40 years of experience, these industry veterans offer unique insight into why technology is critical to the survival of the coworking industry.

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2021 JLL report It shows that the number of real estate technology (proptech) startups has surged by 300% over the past decade.

Hundreds, if not thousands, of companies are dedicated to one mission: to make real estate operations more seamless.

Proptech is still in its infancy, but it has the potential to become a major superpower in the coworking industry. Hector Coronasco-founder of Data Sync Platform Thinkeroo author with coworking this week Newsletter.

this week’s GWA (Global Workspace Association)Coronas will sit down with four other industry experts for the “Behind the Screens: Past, Present and Future of Workspace Technology” panel.

With 40 years of experience, these industry veterans offer unique insight into why technology is critical to the survival of the coworking industry.

Panelists include Sophia Stolbergwas responsible for launching Puerto Rico’s first co-working space, Piloto 151, nearly a decade ago, and now runs email management service PilotoMail.

Brian Sutherland Our expertise comes from years of experience in the marketing and e-commerce industry. With this experience, she is now Yardi’s Vice President of Commercial Real Estate.

Milo MiroslavCo-Founder and CEO of OfficeRND founded the company in 2015 after seeing first-hand how inefficient workspace operations were.

2017, Ginger Dhaliwal Co-founded Upflex, a B2B (business-to-business) platform aimed at providing professionals and businesses with easy access to sustainable flexible working solutions.

3 Trends to Watch in the Future

The past decade has seen significant progress in the adoption of workspace technology, but current and future trends are likely to accelerate progress more rapidly than ever before.

Here are some of the trends these panelists expect will transform office technology, and why operators should prepare for the change.

1. Modular stack and single provider

According to Kolonas, there is a growing divide between customers who prefer a modular stack of services from different vendors and those who prefer to stick with a single provider for all their technology needs.

To remain competitive, it is important for proptech companies to have a keen awareness of who their target audience is.

2. Flex Space Unique Innovations

survey from CBRE shows that 94% of financial services organizations will adopt a hybrid model in the near future, and 44% expect to more than double their flexible office occupancy by 2024.

The formal standardization of flexible offices means that technology providers need to go two steps ahead to support coworking operators in the face of so many opportunities.

It is clear that the future is hybrid. Incorporating the right technology into office alternatives allows operators to learn and respond to residents’ needs, increasing the likelihood that businesses will become repeat her members.

3. Data utilization

Real estate is notoriously slow to adopt technology, but the past few years have proven just how valuable real estate is to the industry.

To Collect new databoth operators and technology providers of flexible workspaces can gain critical insight into how spaces are being used and identify how best to support operations and residents.

Leveraging data means more than just seeing how many bodies are in the office. Operators get unique insight into what they can do to improve their workspaces.

Data optimization means coworking operators can better understand their members, create a more equitable environment, and address worker needs as they arise.