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Why smart technology adoption is crucial for real estate evolution

In this episode, Dan Drogman, CEO and co-founder of Smart Spaces, explores the transformative impact of technology integration on workplace efficiency and the evolution of commercial real estate. Smart Spaces CEO Dan Drogman takes us on a journey through the evolution of the modern workplace, revealing how technology is fundamentally reshaping the way we interact with our physical environments. By integrating innovative software with building management systems, Smart Spaces is pioneering a new era of efficiency and sustainability in commercial real estate. From the challenges of starting up and forging industry partnerships to the cutting-edge application of artificial intelligence (AI) and the creation of digital twins, Drogman shares insights into the complexities and triumphs of developing a platform that not only enhances the user experience but also redefines it. As we navigate the post-COVID-19 pandemic landscape, the demand for flexible, intelligent workspaces is growing. Smart Spaces is at the forefront, offering solutions that cater to this shift, promoting hybrid work cultures and driving the transition towards mixed-use developments. Drogman's vision for a future where technology enables both personal and planetary optimization is not just a blueprint for Smart Spaces but a template for the industry at large. Key takeaways: • Integrating smart technology in buildings is is essential for evolving workspaces into dynamic, user-centric environments. • Mixed-use developments represent the future of urban living, maximizing space utilization and catering to diverse needs. • Data security and privacy are paramount in managing the vast information generated by smart building platforms. • A strong company culture and clear purpose are essential in attracting top talent and driving innovation in the technology industry. The Decoding Innovation podcast series is a limited production of the EY-Nottingham Spirk Innovation Hub, based in Cleveland, Ohio. For more information, visit our website at https://ey.com/decodinginnovation. If you enjoyed this podcast, please subscribe, leave a review wherever you get your podcasts and be sure to spread the word! Chapter title - Timestamp Navigating early days - 0:00:42 Founding Smart Spaces - 0:01:59 About the Smart Spaces platform - 0:04:09 Evolving workplaces: integrating smart building technology - 0:08:03 About Smart Spaces' industry journey - 0:12:06 A day in a smart workspace - 0:15:26 When smart buildings don't sync: navigating pitfalls - 0:18:53 Securing early adopters - 0:22:58 AI in action at Smart Spaces - 0:26:01 Digital twins in smart buildings - 0:30:31 Forging and managing long-term technology alliances - 0:31:53 Scaling Smart Spaces globally - 0:34:04 From seed capital to global platform - 0:36:03 The next leap for Smart Spaces - 0:38:22 The founder's journey - 0:41:22 Get more insights from EY: Visit: https://www.ey.com/en_gl Follow us on… Twitter:   / eynews   LinkedIn:   / ernstandyoung   Facebook:   / ey   Instagram:   / ey_global