Realty tech companies help raise productivity in hybrid mode

Corporates are also making use of artificial intelligence (AI) to learn how employees’ days can be more productive.

“Now it is very much about how a company can ensure that when an employee decides to go to the office, he will be productive,” said Dave.

Corporates are now using data to increase the efficiency of employees.

“We have a product that ensures that employees’ calendars are the same, so they can figure out who is going to the office that day. People in the office can also see occupancy in real time. They can see that social distancing is being maintained, among other things,” Dave said.

Almost 73% of the occupiers in India are evaluating hybrid working arrangements going forward, according to the “2022 India Office Occupier Survey’ by CBRE.

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The trend emerged after the Covid-19 pandemic forced companies to opt for flexible working arrangements.

Soon after the pandemic, office applications became a communication vehicle, and during the second wave, they were used to ensure employee safety. After that, it was all about tracking sanitisation and getting real-time insights into occupancy.

“Over the last five or six years, this used to be a very manual industry, whereas technology and automation have become a part of the industry even before Covid19. Post covid, it got accelerated,” said Dave.

Corporates are also using technology to achieve a net zero target.

“Most of the solutions available on the market are good for getting data for one building. But if you want to do it on a portfolio scale, which is what is required to achieve Net Zero targets, the company needs information on energy efficiency and workplace experience,” said Dave.

And clients are also asking for deeper insights.

“Commercial real estate is a siloed data environment, where data comes from various places, it doesn’t merge together. There’s a property record in 15 different locations,” Dave said.

Corporates are using data to assess operational performance, energy usage, health and safety records, occupancy levels, among others.

Experts said that returning to work is a global issue right now and everyone is working on figuring out what the future of work is going to look like.

“The future of work is going to be distributed. A workspace is not only a place where people come in to get work done, but more so to collaborate. So now the design of the space is not just a row of workstations, but also an agile room, wellness rooms, and collaboration rooms,” Dave said.