The recent Realcomm 2024 conference left the InnerSpace team inspired and excited about the innovations transforming the commercial real estate (CRE) industry. InnerSpace is uniquely positioned to help our clients navigate these changes with our cutting-edge sensor-free technology.
During the event, we participated in the workshop, "Revolutionizing Spaces: What's Really Driving Meaningful Occupant Experience in the Digital Age," presented by our team and industry expert Arjun Kaicker. This session underscored the critical importance of understanding the dynamic nature of workspace utilization in the post-pandemic era. Engaging directly with CRE owners and workplace strategists provided invaluable insights into the industry's evolving needs.
Our key takeaways from Realcomm 2024 emphasized the growing necessity for advanced data insights and AI in understanding actual building usage. Traditional metrics, such as floor and building-level occupancy, are no longer sufficient. Instead, granular, real-time data is essential for making informed decisions that enhance tenant experiences and strategically manage real estate investments.
Landlords are keen to leverage comprehensive utilization data to make their properties more attractive to tenants. They are increasingly aware that workspace usage is dynamic, with employees coming in for partial days and varying their presence. This shift requires technology that captures real-time, actionable data to create efficient, adaptable, and valuable workspaces.
The true value lies in acting on this data to implement changes that drive efficiency, productivity, and a compelling reason for employees to return to the office. Despite concerns about costs and the value of real estate footprints, strategic, data-driven management remains essential in this climate of change.
We look forward to continuing our conversations with industry leaders and exploring the latest advancements in smart building technology. Read for more insights and key takeaways from Realcomm 2024 here.