Redstone Connect's management software to be extended to 10 global locations

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Sharecast News | 05 Apr, 2017

Redstone Connect, a smart buildings technology provider, has extended its contract with UBM, an events and marketing firm, to roll-out its workspace management software to 10 new global locations.

Following the deployment of the OneSpace management software at UBM’s offices in London and New york, it has decided to expand the platform to 10 of its global offices, including Hong Kong, Amsterdam, Minnesota, Kansas and Manchester.

With these new locations, the room booking and desk monitoring solution will increase its control to over 1,500 desks and 39 meeting rooms.

UBM initially implemented OneSpace at its London office which allowed its staff to work flexibly with a ratio of 10 desks to every 14 employees and occupancy rates in excess of 80%.

Redstone chief executive Mark Braund said: "The significant cost savings and enhancements to the working environment at UBM London and UBM New York were the key drivers behind this extensive adoption of the technology across 10 of their global office locations.

"We believe OneSpace's ability to deliver quantifiable analytics makes it an extremely powerful business tool enabling organisations to increase headcount without incurring unnecessary real estate costs."

Shares in Redstone Connect were down 1.72% to 1.42p at 0850 BST.

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