MyTower

MyTower offers a user-centric, comprehensive, horizontally integrated, end-to-end solution for the real estate industry that answers the major challenges described in Problem Overview.

MyTower’s advanced platform has 4 key elements:

1)   Property Management - Turn Residences into Smart Buildings

Allowing proactive and preventive maintenance, efficient use of resources, BI platform to anticipate needs, adapt to changing circumstances, and more.

2)   Service Management - Communication is Key

CRM system to manage residents, visitors, vehicles and deliveries, allowing for better and easier tenant communication, enabling them to easily make payments, report maintenance issues, and more.

3)   On-Demand Services - Concierge Assistance

Immediate access to an array of service providers, such as: room service, spa treatments, housekeeping, laundry, delivery, ecologic car wash, and more.

4)   Integration Store - AppConnect - A World of Upgrades and Seamless Integrations

Mobile facial recognition-based self-check-in, leak sensors and proactive maintenance for shared and private areas, API integration and endless other solutions.

Key advantages of MyTower:

1)   A comprehensive, horizontally integrated end-to-end solution: the advanced PropTech platform provides property management companies with one horizontal system that “breaks down the walls” rather than requiring the use of many separated vertical services, which are very difficult to manage;

2)   The first of its kind user-centric point of view property management solution: the AppConnect platform connects to a large range of API and app integrations to help automate, organize and effectively manage a Smart Property Solution from one, easy-to-use control panel;

3)   Combination of AI and IoT within the property management’s day-to-day operation: MyTower offers countless solutions that are easily tailored and integrated to fit companies’ existing workflow and needs:

• People and places - facility and personnel
• BI platform to anticipate needs
• Proactive and preventive maintenance
• Unified property dashboard
• Finance and lease management
• Employee and attendance supervision
• Suppliers’ and contractors’ management
• Platforms’ synergy

The MyTower platform allows clients to advance to the IoB era and enjoy property that is:

1)   Connected: Smart property is engaged and self-aware. It connects with utilities (water, gas, electricity, etc.), tenants, suppliers, and other buildings. Connected property allows synergy between online and offline solutions and integrates centralized and decentralized networks.

2)   Adaptive: Connected property can anticipate and adjust to changing circumstances such as climate, time, occupants, and more. Smart buildings become multifunctional and have modular systems that can be personalized based on user behavior and predefined needs, improving the wellbeing of people and communities.

3)   Efficient: The IoB revolution reduces cost while boosting functionality. Optimized resource utilization helps tenants and protects the environment we all share. Smart buildings are better prepared for emergencies and non-resource situations and can trade and share resources with other property. Their performance is easily measured and tracked.

4)   Automatic: The above benefits take place smoothly and automatically. Specific needs, preferences and behaviors are all taken into account. Advanced machine learning algorithms study the property and its residents, getting better and more sophisticated at predicting needs based on user feedback and aggregated data.

MyTower’s solution helps facility management teams to develop sustainable buildings and optimize functions at the most efficient level. It enables facility managers to identify the underutilized and poor performing facilities, assets, processes, and resources, and help improve facility assets. MyTower’s impact on property management companies includes:

1) reduction of properties’ operational costs by up to 50%,

2) profit increase by adding new revenue channels,

3) improvement of property lifecycle ROI by up to 25%.

MyTower’s platform has been updated to meet both tenant and personnel needs in the current pandemic situation. The solution includes following additional features which are important for real estate management during COVID-19:

• SLA: disinfection and cleaning tasks,
• visitor temperature control,
• face recognition (door opening without a touch),
• gym, swimming pool and amenities control.

It is important to highlight that currently the MyTower platform is only available for residential properties, but in the future it will also cover Commercial and Hospitality real estate.