The demand for warehouse space has exploded in recent years as eCommerce continues to grow. But it's not just about the space. Customer expectations have evolved, which means warehouses need to operate more efficiently and extend services that reflect the customer journey.
On the surface, the retail crisis seems relatively simple. The rise in eCommerce has eliminated the costly real estate, staffing, inventory and franchising issues that plagues brick-and-mortar stores. Analysts cite overstocking, a lack of brand loyalty, and declining foot traffic as the leading causes of declining in-store sales. It isn’t a pretty picture.
In 1998, a group of healthcare professionals stood in front of a map of the hospital where they worked. They unspooled a ball of blue yarn, which they then used to trace the path that a typical cancer patient had to take to receive chemotherapy. What they discovered shocked them.
When you think about the problem InnerSpace solves - being able to understand how people and things behave within a built space - our feline friends felt like a great way to celebrate a part of our internal culture, but also to communicate with prospective customers how they can use the InnerSpace platform to solve some very real pain points in their business.
This is "Johnny." He's the InnerSpace Sensor that digitizes indoor spaces - instantly and in real-time. Using WiFi, Bluetooth, LiDAR and a variety of other technologies, when combined with our proprietary algorithms, Johnny is a powerful solution
Deloitte predicts that as of 2022 at least a quarter of all human and machine uses of precision digital navigation will include an indoor leg or be for an entirely indoor journey. This compares to less than five percent of all uses in 2017.
James recently sat down with BNN’s Catherine Murray to showcase how we are levelling the playing field for brick and mortar retailers who are competing against virtual stores.
We’re thrilled to let you know that InnerSpace has been selected by 500 Startups to join its next cohort.
InnerSpace showcased the future of commercial real estate technology with other industry leaders during the CRETech New York symposium. The event host CRETech is a information firm committed to being the best source of emerging and innovative commercial real estate technology.
Research by the TUC based on ONS data suggests that 4.2 million of us, or 13.7% of the workforce, now regularly work from home and another 1.8 million people would like to do so given the opportunity.