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Over the past decade, technology in real estate, most commonly referred to as PropTech, has revolutionized how we buy, sell, lease, manage, and maintain properties. And like other technological breakthroughs, it is constantly innovating and reinventing itself.
Most people will have heard of the concept of blockchain and may have a basic understanding of what it entails. Until recently, the term ‘blockchain’ was synonymous with cryptocurrencies, such as Bitcoin. Most people will associate blockchain with cryptocurrencies such as Bitcoin and Ethereum.
The challenges of managing building maintenance services can be daunting for property managers and are growing even more so with rising inflation.
In light of recent news about its extent and effects, inflation, in combination with tight labour markets, is compounding the rising wages in the frontline service workforce.
The Toronto entrepreneurs discovered that, despite all the high-tech tools available for property and maintenance managers, the digital revolution had largely overlooked the basic necessities of cleaning and maintaining buildings.
In 2020, iRestify lost most of its business during the pandemic, now after experiencing revenue growth of 400%, the company is expected to triple its current footprint by the end of the year.
TORONTO, Sept. 28, 2022 /PRNewswire/ — iRestify, an enterprise-wide PropTech solution that provides property managers with the talent, technology, and resources to improve their building maintenance and facility operations, has been named one of Canada’s top growing companies by The Globe and Mail.