Aakash Ravi, Co-founder of Spaceti and winner of the 1st round of the MIPIM Startup Competition talks about his startup and how the proptech industry is moving forward.
“Unexpected Value,” was the central theme of MIPIM PropTech Europe, and while that notion was reflected in presentation booths and keynote addresses, the Spaceti team found that the event itself delivered on the idea by attracting a surprisingly eclectic mix of real estate professionals and presenting unrivaled networking opportunities. It was refreshing to attend a curated event which hosted a variety of startups, in addition to big companies looking to differentiate. From software to hardware to service providers, as well as from brokers to building managers, the mix of individuals allowed for unique connections and great value.
Addressing Tenant Demands Through Technology
In this increasingly diverse industry, MIPIM PropTech gives real estate professionals a plethora of options to consider. From a venture capital standpoint, all the different “sub-industries” within the PropTech umbrella give strategic investors the chance to identify which sector of technology is the right fit for their portfolio: whether it is FinTech (financial technology) in real estate investments, big data analytics and real estate data aggregation, or the Internet of Things and smart buildings. Focusing on the latter, great advancements in connectivity platforms gives facility managers and developers, who are increasingly bound to addressing tenant demands through technological advancement, an abundance of data at their fingertips about their spaces and buildings to answer questions they previously didn’t even know they had.
Digitising Buildings with Spaceti Technology
Digitising buildings with the sensor technology that Spaceti employs provides the operational transparency managers need to make important investment decisions. Whether property owners want to measure space utilisation, air quality, or even employee satisfaction concerning the office space, Spaceti’s products offer data insight for a variety of inquiries. By installing sensors that understand space utilisation, for example, Spaceti has helped growing companies better utilise available office space, even avoiding the costly decision to invest in an entirely new building in one instance.
The possibilities with property technology are ever-evolving, and since our company has moved to the United States from Europe, we look forward to moving from unexpected value to beyond value at MIPIM PropTech NYC.
Spaceti, a building digitisation service provider, won the first round of the MIPIM Startup Competition at this year’s MIPIM PropTech Europe hosted in Paris. Now, as one of the world’s top six PropTech startups, they can present their innovative solutions at MIPIM Cannes in 2019 for a chance to win the final award. The Spaceti team will also attend MIPIM PropTech New York, which will be hosted on Tuesday, November 6, 2018, at the Metropolitan Pavilion, building on the momentum of PropTech Europe with the theme, “Beyond Value.”