Billed as a “universal platform”, WeWork Workplace allows users to manage both their privately owned or leased space and any WeWork space they use.
WeWork and Yardi said the tool removes guesswork in flexible office strategies by offering more accurate data on how employees use workspace.
The aim is to help businesses:
- Improve employee experience with features such as interactive floor maps, automated booking, visitor management and company announcements
- Manage every office space in a portfolio
- Understand real office needs with building-level data, such as booking to occupancy ratios
Alongside space management tools, WeWork Workplace also gives companies access to WeWork and WeWork-affiliated locations for their employees if they need overflow space.
In a sign of the importance WeWork has placed on tapping into hybrid working trends, the deal comes less than two months after it led a $30m funding round for Upflex, which similarly offers hybrid working management software.
Like WeWork Workplace, Upflex allows employers to manage their owned and leased office space on a platform that also includes access to flex offices.
Both make data-driven insights a major selling point, promising to offer users real-time data to respond to ever-evolving office needs.
Scott Morey, president of technology and innovation at WeWork, said: “Businesses today must solve for bringing flexible work models to life – optimising their spaces without sacrificing the culture, collaboration and productivity that happens in-person. This is what we aim to deliver with WeWork Workplace.
“Combining our advantages in scale, speed and access to flexible spaces, with Yardi’s industry-leading software and tech capabilities, WeWork Workplace doesn’t stop at desk booking or at backend insights – it aims to solve for a dynamic, constantly evolving future of work.”