Top PropTech Innovations in Canada in 2024

PropTech in Canada experienced a great growth in 2023. Various new technology innovation solutions available to property managers and real estate owners now have eliminated the need to manually create data spreadsheets to make real estate decisions in terms of expansion, contraction, and restructuring.

Increasing Demand of PropTech

In Canada, PropTech is also considered to support Environmental, Social, and Governance (ESG) efforts, or Sustainability, which increases appeal to potential investors beyond enhancing operational efficiency.

Instead of staying at the same office for 5 business days a week, many businesses in Canada have implemented different new hybrid and work-from-home working styles. Employees and even managers can work at various workplaces which are convenient and close to employees’ and stakeholder’s homes.

As a result, the need to most efficiently and effectively manage various office locations is increasing. Some may find office relocation a daunting process, but it could be fast and flexible, saving much time and effort as well as being cost-effective.

New Innovation – Workplace2GO: What is it?

Workplace2GO is a full suite of Smart Technologies that is integrated, including Remote Access Control, Desk & Room Booking, Occupancy Sensing, and a Dashboard Software that consolidates data and generates analytic summaries.

  1. Flexible Collaborative Space

The Workplace2GO solution consists of Smart Booths, Hot-Desks, and Collaborative Furniture to form the core elements of a workplace. The collaborative setup is flexible and can be adjusted to fit any office space, size, and form.

Workplace2GO solution follows a Zero-Construction strategy which allows the workplace to be deployed at a much faster rate. Compared to typical 3 to 4 months timeframes, Workplace2GO only takes less than 2 months to complete

Lengthy design and construction approval process is eliminated. It also saves a lot of reinstatement time and costs when you return the office space to the landlord as there is no construction of the space to begin with.

Compared to traditional office renovation and fit outs which required services from architects, project managers, and construction; with the Workplace2GO solution, a minimum of 50 – 60% of costs can be saved.

  1. Smart Access Control

Workplace2GO unifies access control systems to make it more versatile, which is applicable to the latest Collaboration Booths as well as adaptable for retrofitting into pre-existing meeting rooms and conference rooms.

Enabled by smart access control, convergence of security and convenience is achieved. This not only ensures the safety of assets but also streamlines property access. The result is a harmonious blend of security and operational efficiency, elevating the property’s overall performance. Please contact us for more details.

  1. Space Management Software

Efficient space utilization has become a strategic necessity that transforms how businesses navigate their physical footprint. Workplace2GO comes with Smart Space Management utilization monitoring, which is now possible with the power of integrated smart office technologies.

The Workplace2GO Space Management Software provides a Global Dashboard view of all workplace deployments across multiple cities. This feature delivers crucial real-time utilization data for each workplace: including each room, booth, and desk – a comprehensive understanding of real estate positions at local, regional, and global levels.

  1. Occupancy System

Workplace2GO also provides real-time insights into usage patterns, with the latest occupancy system, empowering informed decisions on space utilization.

The integration with booking software allows for real-time tracking of bookings, Smart Sensors can be strategically placed indicating whether a reserved space was occupied and the duration of occupancy. It gathers information on occupancy and utilization of individual desks, booths, or rooms.

With such data at your fingertips, you can be sure that every square foot contributes to the property’s overall value. If the data indicates that the current office utilization rate is below ideal, the workplace can be considered for relocation or restructuring.

Read More: Introducing Tandem, our first full Workplace2GO client in Canada




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