Inospace launches new tech space for logistics

Inospace launches has launched a Proptech solution to give logistics and industrial tenants more than space. The South Africa’s leading owner and operator of serviced logistics parks introduced “The Inocircle online platform” which aims to resolve business pain points and add material value to small and medium enterprises (SMEs).

The Inocircle propriety technology platform serves as a space-as-a-service by offering useful business tools that go way beyond cost savings and efficiencies. Jodi Sher, chief marketing & product officer at Inospace said the company was aiming to set the gold standard of African CRE management with the adoption of technology and a laser focus on what its customers need.

“Inospace’s tenants are not being kept up at night by what they pay in rent. For every Rand our clients spend on rent, they spend R5 on electricity and R10 on transportation, so our focus has been on creating technology solutions around those areas,” explained Sher.

Inospace

Inospace entered proptech space industry in 2020, creating its own property management system which initially focused on innovative concepts to manage a large multi-let real estate platform that has short leases and offers flexible terms.

These proptech systems align with Inospace’s increased focus on streamlined efficiencies, cost-reduction and improved decision-making. And now, having grown to 50 logistics parks, the business has the ability to scale up its technology offerings through Inocircle.

For its launch, Inocircle is partnering with vendors including MiWay Insurance and 2Ship, a fully integrated client facing transport management system. Through MiWay, Inocircle will provide new and existing clients with discounted non-life insurance and a range of business insurance products.

The partnership with 2Ship will offer tenants access to an integrated online transport platform. This will allow them to find the most affordable and fastest courier and delivery solutions for any shipment.  The logistics service also provides a seamless integration layer between all the major e-commerce stores and most South African local and international courier companies.

“Inocircle users will be able to track deliveries, receive e-mail updates and pay using an e-wallet, without having to open accounts with various courier companies. Additionally, through exclusive offers, Inocircle will give its clients access to various support services, ideal for SMEs, including an IT help desk, tender notifications, marketing services, and legal and labour advice,” says Sher.