More than half of the world’s population today live in urban areas, with many in highly dense cities. This transition has transformed the way we live, work, travel and build networks.
Whilst the majority of the world’s leading cities are building upwards, the facility management industry surprisingly faces a lot of inefficiencies. Property management and service management are offered as two separate services today with different vendors and pricing. Existing solutions are designed from a building-centric point of view rather than a customer-centric one, resulting in inefficiencies and inconveniences for the residents.
The PropTech market offers many vertical solutions, but the main problem is that these solutions do not integrate with each other.
According to the KPMG Global PropTech Survey, 97% of all facility and real estate managers say that maintaining high tenant satisfaction is a top priority, whilst 61% of property companies believe a tech investment today will positively