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PROPTECH-X : News Roundup – Seven Days of Articles & Analysis

Inventorybase – ‘We’re so much more than software’

In her own words Sian Hemming Metcalfe Operations Director at Inventorybase & Property Inspect UK recently explained to Jason Lee MNAEA FNAVA Head of Commercial for Propertymark, exactly why so many people are now using their services.

‘So I’m Sian. I’m from Inventorybase. Which is a software service, or as some people refer to as a SAAS, which I quite like software as a service, and what we do is we provide you the tools to be efficient doing your property inspections, your reports, your risk assessments, anything that is report related to either as a letting agent or as an estate agent. So that’s the broad outline.

The best bit, from our point of view is the fact that we give you back your time. We take away a lot of those inefficiencies that administration tasks generate. We take away a lot of that heavy lifting so you can get on and build your pipeline, get your clients in through the door, do the job that you absolutely excel at, list and let property, sell those properties, and our system will take that information, help you capture it, help you do it either in the field or back at the desktop. Giving you real time data and information and reports that you can rely on and also build on.

What makes Inventorybase standout in the industry space is we don’t just give you the software

‘We’re so much more than software.’ We are thinking about what the impact is having on the industry, of all the different things that happen at the moment, we’ve got a new government, we’ve got rental reform; we’ve got decent home standards coming through. A whole raft of new legislation, from The King’s Speech, and over 35 different bits of legal and legislation. Stuff that you know from an agent point of view, you’ve got to deal with, got to manage and you’ve got to put into practice and figure it out.  

What makes us different is we’re already doing that with you. We’re side by side with you, we are there helping you understand it. I’m already thinking about, well, how can we help implement strategies to make sure that all your properties on your portfolio are decent, and that your landlords are keeping both themselves compliant and you are compliant.

We are industry experts. I’ve been in the industry for over 12-years. I’ve run my own inventory company. I understand reports. I understand risk assessments for my time working with Her Majesty’s prisons. We’ve got an estate agent with 30-years’ experience working in our sales team. We understand the industry. We don’t give you loads of Oh, you know, that sounds good! or that sounds difficult. We’ve been in our client’s shoes we know what it’s like.

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Companies can now combine real-time occupancy and air-quality insights for unified reporting

Press Release NEW YORK, United States, MELBOURNE, Australia and (October 01, 2024 )—  XY Sense, the real-time workplace occupancy sensor platform, today announced it was expanding its solution to include air-quality insights. XY Sense will now integrate multi-factor air-quality insights from leading air-quality sensor vendors, including Airthings and Kaiterra, combining air-quality metrics with real-time, highly accurate occupancy data to unlock powerful space utilization insights and enable new workplace applications. 

“Every day, companies experience the negative impacts of poor air quality on employee well-being,” says Alex Birch, co-founder & CEO of XY Sense. “This decreases productivity and increases energy costs. By combining air quality and real-time occupancy data into a single platform, we will make it easier for companies around the world to take action.  Air Quality integration is the next step in XY Sense’s mission to transform the world’s offices through 100% anonymous, real-time data.” 

With this comprehensive solution, companies can ensure healthy air quality by triggering air conditioning/HVAC systems when occupancy in specific spaces meet thresholds — before air quality degrades. The platform will also provide noise, temperature and air-quality metrics for office users looking for an available desk or meeting room. Additionally, the data will empower real estate teams to analyse historical data trends to identify workplace design flaws, in which insufficient air flow, excessive noise, and other environmental issues drive space utilization down.

As part of its integration with the top certified indoor air quality sensor providers (WELLRESET) to provide customers with optimal hardware choice, XY Sense is proud to announce partnerships with leading global solutions Airthings and Kaiterra. XY Sense and Airthings are kicking off their partnership with a joint global deployment for a leading global pharmaceutical firm with offices in 50+ locations. 

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RentalReady property management software company unveils Maia a fully autonomous AI agent

RentalReady has added Maia to its existing service and is a leap forward in the company’s aim to revolutionise the hospitality industry. ‘After only one-week after going-live, Maia was already treating the majority of our enquiries,’ commented Alexander Limpert, CEO of GuestReady, a leading urban STR property manager, and a client of RentalReady. His business has deployed Maia in five languages across their entire portfolio of more than 3,000 properties in Europe and the Middle East.  “GuestReady expects the financial impact of Maia to be €1M in 2025.”

Maia was built to handle all aspects of guest communications at scale, without the need of any human intervention. She delivered on this promise in the beta test phase, completely covering 66% of entire conversations with guests. Her progression has been astounding, often hitting peaks of 80% autonomy. These very promising averages have led the development team to announce Maia’s availability to all clients.

‘AI depends on a rich data set, and we have the deepest data of any PMS,’ said François Lavie, company CTO. ‘We collect more data on the property and the guest than even the biggest OTAs can handle. I’m not surprised how fast Maia has picked up the task of guest communications. It’s really just the beginning of her capabilities.’

Maia adds to several AI-driven features launched last year: the introduction of bespoke, on-demand itineraries; identifying the guest’s mood and suggesting answers within the platform’s unified inbox; and smart replies to guest reviews. It was the first PMS to release such AI features natively in their platform, putting the company’s 25 developers at the forefront of innovation driving the industry forward.

‘Our customers are blown away by Maia,’ said Joe Siart, Managing Director of RentalReady. ‘Take up has been brisk, especially considering this is a paid-for option. The ROI is easy to justify, and payback is immediate.’

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Andrew Stanton Founder & Editor of 'PROPTECH-X' where his insights, connections, analysis and commentary on proptech and real estate are based on writing 1.3M words annually. Plus meeting 1,000 Proptech founders, critiquing 400 decks and having had 130 clients as CEO of 'PROPTECH-PR', a consultancy for Proptech founders seeking growth and exit strategies. He also acts as an advisory for major global real estate companies on sales, acquisitions, market positioning & operations. With 100K followers & readers, he is the 'Proptech Realestate Influencer.'

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