Name of product | Smarten Spaces
Target | Building owners and tenants in commercial, residential, coworking and retail
Price | The cost for businesses per user, for a workspace transformation, ranges from $2-$5 per month. For real estate companies, to provide tenant experience, the cost ranges from 50 cents to $1 per sq ft per year.
Challenge | The needs of space consumers and providers are evolving. As technology becomes more integral to our daily lives, companies are beginning to understand the benefits of having a smart building management system. With that, comes a large flock of tech companies offering a variety of solutions which can often be difficult to navigate.
Solution | Smarten Spaces is a technology company which has built an Artificial Intelligence and Internet of Things end-to-end platform with a host of integrated micro-services.
The complete platform aims to reduce the amount of tech vendors companies may have to deal with when undertaking a digital transformation.
The platform has more than 25 services including: smart entry for access; Artificial Intelligence security with anomaly detection; energy and building management; space planning; e-concierge; payments; meeting room bookings; traffic watch for employee commutes; emergency alerts; analytics, and much more.The Singapore-based company believes that there is an opportunity to bring in efficiency to simplify spaces through technology and enhance the experience of people using these spaces.
Clients | The company is currently active in Singapore, India and the US and is currently ‘smartening’ 50m sq ft globally, including multiple locations for one of India’s largest coworking space providers, CoWrks.