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Home News Tech

The New Gold Rush Of Proptech: Hybrid Work Solutions

WeWork officially launched its WeWork Workplace service last month, which offers various management tools for members and landlords.

Aayat AlibyAayat Ali
August 2, 2022
in Tech
Reading Time: 2 mins read
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The New Gold Rush Of Proptech: Hybrid Work Solutions
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There’s a new Gold Rush occurring in the proptech world: hybrid work solutions.   

So far, companies like Cisco and Honeywell have touted their services to be the ideal solution for building owners and tenants seeking to support a more hybrid workplace. Now, one of the biggest coworking players is looking to become the one-stop-shop for these companies. 

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WeWork officially launched its WeWork Workplace service last month, which offers various tools for members including conference room booking, the ability to make company announcements, register for yoga classes, and more. 

“Companies of all sizes recognize that people aren’t coming in every day,” said Scott Morey, president of technology and innovation at WeWork.   

Still, WeWork is still in its infancy when it comes to its proptech aspiration. Established firms have already made a name for themselves by offering similar software, building management, and data collection systems. 

But with WeWork’s recent stock slump, this may be the service that helps keep the operator relevant and afloat amidst economic uncertainty. 

The shift to a more distributed workforce has thrust the relatively small technology sector into the mainstream. Now more than ever, landlords need an extra hand to ensure that their buildings are fit to support the future of work. 

  Your go-to resource on the Future of Work®  Get the emerging trends, top stories, and latest news on the world of work straight into your inbox each weekday morning.   
Source: The Wall Street Journal
Tags: CoworkingPropTechTechnology
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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