Business Wire

Schneider Electric Selects Upflex to Offer Employees Workplace Flexibility

Share

Upflex Inc., the largest global network of workspaces, announces that it was selected by Schneider Electric to offer thousands of employees in the United States with a more flexible working experience. The partnership was sourced by Colliers, which will work with both companies to provide Upflex access for Schneider Electric’s employees.

Schneider Electric will be transitioning to a more flexible workspace option with Desk Memberships and Upflex’s convenient Hub and Spoke model. This solution will enable Schneider Electric to maintain a centralized, dedicated office space in its key markets and also grant an initial portion of its 10,000 plus U.S. employees access to Upflex’s network of 2,139 U.S. coworking spaces. Upflex and Schneider Electric are also exploring a collaboration that will allow Upflex clients the opportunity to utilize Schneider Electric’s EcoStruxure solutions that create smart offices - optimizing space use, reducing facility costs and improving the comfort and employee experience.

“For the Schneider Electric team, this partnership will not only help our employees be more flexible and productive, but will also offer well-designed and well equipped modern office spaces to host meetings, team events, and more,” said Karen McClellan, Director of Real Estate at Schneider Electric. “Colliers brought us the perfect opportunity with Upflex because they understand our commitment to sustainability, and being able to reduce the number of physical office spaces and convert to more flexible coworking solutions furthers that commitment.”

As 2021 kicks off, employees continue to work remotely as offices across the world remain closed to prevent the spread of COVID-19. However, while employers may have had their hesitations and concerns about productivity, the rapid shift to remote work caused by the pandemic has been successful according to an overwhelming majority of both employers (83%) and employees (71%). It’s also predicted that a hybrid model of working in office and remotely will be popular post-pandemic as employers embrace employees’ continued preference for flexibility.

“Commercial real estate has been one of the most hard hit industries during the pandemic as companies and its employees rethink where they’re based. Schneider Electric choosing Upflex to outfit its workplace flexibility strategy in the U.S. speaks to this growing necessity for both flexibility and convenience,” said Christophe Garnier, Co-founder and CEO at Upflex. “Beyond office space, Upflex’s data on how team members are truly utilizing their workspaces will ensure Schneider has the opportunity to continue evolving their workplaces to the benefit of their employees.”

According to data from Colliers, U.S. office absorption (change in occupied office space) fell from 46.5 MSF in 2019 to -86.8 MSF in 2020, the lowest annual total on record to date, signifying a notable lack in tenant demand as the workforce continues to operate remotely. Additionally, roughly one in ten young adults have moved because of the pandemic, signaling a shift in the population and indicating that companies will accommodate remote employees long term.

“We’ve worked with Schneider Electric for a while and have become accustomed to both the needs of their business and employees. We knew the flexibility that Upflex offers would be a great value-add to Schneider Electric,” said Scott Moore, Vice President of Account Management, Corporate Solutions at Colliers International. “We’re excited to continue and grow our work with both Schneider Electric and Upflex to bring flexible working options to the Schneider Electric team.”

In May 2020, Upflex launched Safe Spaces™, a program designed to help businesses of all sizes safely ramp up operations as COVID-19 restrictions and lockdowns are lifted. Coworking locations in Upflex’s vast network that are certified as “safe” agree to comply with CDC (U.S. spaces) or World Health Organization guidelines (international spaces). In addition, Safe Space™ partners practice a stringent list of health and safety practices to keep the coworking community safe, including rules on social distancing, personal hygiene, PPE, cleaning and disinfecting, incident reporting, food and beverage, and engineering controls.

To learn more about how Upflex helps companies of all sizes turn the "workplace of the future" from an abstract concept into an actionable reality, visit https://www.upflex.com/, download the app on the Google Play or App Store, or follow the company on Twitter and Instagram.

ABOUT UPFLEX
Upflex is the world's largest flex office marketplace for teams. Its global network provides access to over 5,500 workspaces in 1,600 cities across 75 countries. We help businesses reduce real estate costs while making employees happy and flexible. Co-founded by Christophe Garnier and Ginger Dhaliwal, Upflex focuses on the needs of the changing workforce and making a positive environmental impact. Upflex closed a $4.1 million seed round from leading Silicon Valley investor Ecosystem Integrity Fund. Upflex has partnered with Trees.org to plant a tree for every area booked using its platform and has already planted 10,000 trees thanks to its first 100 clients. For more information, visit https://upflex.com/ and follow @UpflexAppGlobal.

ABOUT SCHNEIDER ELECTRIC
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries. We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

ABOUT COLLIERS
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Allison Bartella, SourceCode Communications
upflex@sourcecodecomms.com

About Business Wire

Business Wire
Business Wire



Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Norsk Titanium Lists On Euronext Growth After Successful USD $38 Million Capital Raise18.5.2021 16:15:00 CEST | Press release

Norsk Titanium AS (Norsk Titanium), a global leader in the additive manufacturing of aerospace-grade titanium components, has satisfied the conditions for listing on the Euronext Growth Oslo. Norsk Titanium’s first day of trading on the exchange was May 18th under the ticker code NTI. The listing follows a successful share issue through a private placement that raised approximately USD $38 million. Leading shareholders, represented on the Board of Directors, participated in the private placement with USD $15 million, and the Norwegian family-owned investment company Ferd AS participated with USD $10 million. Norsk Titanium intends to use the proceeds from the private placement to fund planned growth initiatives. “Today marks an important milestone for Norsk Titanium,” said Michael Canario, Norsk Titanium’s CEO. “The funding enabled through the Euronext Growth listing will support our ongoing development activities with our commercial customers as well as assist the transition of our te

How Dahua Technology Helps Prevent Forest Fires18.5.2021 15:45:00 CEST | Press release

It takes decades for trees to grow, yet only minutes for fires to destroy them. Forest fires are the type of natural disaster that strike with sudden destructiveness and are often difficult to control. That’s why working to prevent forest fires and the damage they cause to natural resources — as well as people’s property and sometimes human life — is a priority for Dahua Technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210518005588/en/ Dahua Solution Safeguarding The Yarlung Zangbo Grand Canyon (Photo: Business Wire) Over the years, Dahua Technology has developed and deployed capabilities for comprehensive technical support in forest and grassland fire monitoring as well as early warning, forecasting, rescue and post-disaster assessment with digital intelligence technology. Dahua’s technology fully integrates video perception systems with integrated sky and ground monitoring methods to form a strong "fire net" aime

Board International Strengthens Board of Directors to Drive Continued International Expansion and Accelerated Growth18.5.2021 15:35:00 CEST | Press release

Board International, the #1 SaaS Decision-Making-Platform vendor, announces today that Marco Limena will join the Board of Directors of the company as Non-Executive Director and Senior Advisor. Mr. Limena has held senior executive positions in leading technology corporations, including Microsoft, where he was based in Redmond, and at HP, based in Palo Alto. He has extensive experience working with leading Private Equity firms in multiple CEO assignments for B2B growth-oriented software businesses, and as Board Director in both private and publicly listed companies, and industry associations. Based in London, Marco Limena is CEO of TOMIA, a global provider of software solutions designed to accelerate the transformation and monetization of carriers’ connectivity business, with Data, Financial Clearing and BI solutions. Previously at Microsoft, Mr. Limena was Vice President of Hosting & Cloud, responsible for B2B commercial operations of the company’s cloud and infrastructure services bus

Pricefx Named a Finalist for 2021 SAP ® Pinnacle Award in the Partner of Year – Endorsed Apps Category18.5.2021 15:30:00 CEST | Press release

Pricefx, the global leader in cloud-native pricing software, today announced that it has been recognized by SAP as a finalist for a 2021 SAP® Pinnacle Award in the Partner of the Year – Endorsed Apps category. This award recognizes an SAP partner that has created a world-class SAP endorsed app that complements SAP technologies and has contributed a significant amount of value to SAP and its end customers. Last year, Pricefx was a finalist for SAP App Center Partner of the Year. The annual SAP Pinnacle Awards acknowledge the contributions of leading SAP partners that have excelled in developing and growing their partnership with SAP and helping customers meet their goals. Finalists and winners in 28 categories were chosen based on recommendations from SAP, customer feedback and performance indicators. SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing and measurements against benchmarks results. A leader in price optimization, Pricefx’s SAP endorsed app

Andersen Global Broadens Coverage in Liechtenstein and Switzerland18.5.2021 15:30:00 CEST | Press release

Andersen Global adds legal capabilities in Liechtenstein and Switzerland through a Collaboration Agreement with NSF, strengthening the organization’s platform as it continues its expansion in the region. With offices in Vaduz and Zurich, NSF operates with five Partners and 40 professionals, serving individuals and international corporations. The full-service location in Liechtenstein provides a range of services in legal, trust and asset management with capabilities in banking and capital markets, tax, corporate, M&A, arbitration and dispute resolution, contracts, and administrative and constitutional law. Additionally, the office in Switzerland operates as an independent Swiss law firm and offers services in various areas of business law, such as criminal tax law, corporate/M&A, succession planning, inheritance law, litigation, restructuring, debt enforcement and insolvency, employment, financial markets as well as commercial contracts. “For more than 30 years, our extensive experienc

Heise Medien relies on the Xpublisher editorial system18.5.2021 15:04:00 CEST | Press release

Heise Medien GmbH & Co. KG, one of Germany’s leading tech industry publishers, succeeded in establishing transparent and well-organized content and media asset management together with a highly streamlined production process for its magazines by implementing Xpublisher. Xpublisher supports content utilization along the entire value chain, from planning, editorial creation, editing, and layout to the final publication, based on a “content first” approach. This enables Heise Medien to publish across multiple channels in a way that is highly efficient, cost effective, and error free. "We are pleased that Heise Medien trusts in our expertise and successfully automates their magazine production with our editorial system", says Matthias Kraus, CEO of Xpublisher. The numbers are a testament to the project’s success: Instead of the typical production phase of ten days, the first issue of c't was ready for printing in just nine days. In digital production, the company succeeded in both enhancin

Thales Announces New Solutions to Help Organisations Discover, Protect and Control Sensitive Data in Multicloud Environments18.5.2021 15:00:00 CEST | Press release

Thales today announced new data protection solutions for Google Cloud, Microsoft Azure, and Amazon Web Services, solidifying its role as a trusted third party for multicloud data security. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210518005282/en/ © Thales With each cloud provider having unique data protection mechanisms and key management offerings, multicloud data protection presents a complex security challenge for organisations. Thales’ latest cloud data security solutions allow customers to maintain control of and manage their encryption keys, as well as manage access and authentication across hybrid and multicloud environments. “These capabilities are critical to cloud migration and security, especially with such accelerated growth in this area,” said Sunil Potti, Vice President and General Manager of Google Cloud Security. “True to our mission, we have forged this collaboration with Thales to further protect our

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom