The role of smart building technology in the new normal
According to Joseph Tay, managing director of Proptech company Inventi, virtually every building in the country has incorporated technology in some form as a response to the pandemic, but the most successful in the new normal have been those that have made technology an indispensable part of their property management strategy. Inventi pioneered smart buildings in the country with Smart Building Solutions (SBS), the company’s flagship property management software. To date, Inventi SBS has been implemented in almost 100 properties nationwide, in large part due to the push to digitize necessitated by the pandemic. “Whether through a simple temperature scanner or QR code, the COVID-19 pandemic was most properties’ first foray into using smart building technology to solve a problem,” said Tay. “In the years that follow, property managers will be searching for new ways to address their challenges with technology and Inventi will be at the forefront of these innovations," he added. Co-founder & CTO Eds Encarnacion said properties that have fared well in the pandemic include some of earliest adopters of SBS. These include office buildings, residential condominiums, retail stores, and even school campuses. Encarnacion said one of Inventi’s first clients was a leading private school that needed a way to easily manage two sprawling campuses. The school implemented SBS prior to the pandemic so that when lockdown began, the staff were able to continue monitor and maintain the areas within their campuses despite a skeletal workforce. Another immediate benefit that Inventi’s customers have enjoyed is improved cost management and staff productivity.