Scandent in MoU with C&W
Scandent Solutions Corporation Ltd has entered into an memorandum of understanding with leading global real estate services firm Cushman & Wakefield and its subsidiary, BIGeRealestate Inc for jointly developing a technology platform for real estat...
By PTI |
MUMBAI: IT services company Scandent Solutions Corporation Ltd has entered into an memorandum of understanding with leading global real estate services firm Cushman & Wakefield and its subsidiary, BIGeRealestate Inc for jointly developing a technology platform for real estate management.
Under the MoU the three companies would jointly develop a new generation technology platform for real estate management, covering areas such as portfolio management, workplace management, project management and space management, Scandent informed the Bombay Stock Exchange.
Scandent said it would assume overall management responsibility of BIGeRealestate and purchase a stake in the firm. It is also looking at creating a modern application architecturally superior to what is available in the market and executing a new go-to-market strategy to promote the BIGeRealestate offering.
"As a co-owner with Cushman & Wakefield in BIGeRealestate, we expect to create a nice niche application that will do more for existing and prospective clients. Cushman & Wakefield's domain knowledge and our technical expertise will add to the strengths that BigE already possesses," Scandent's Chief Strategy and Corporate Development officer Dilip Keshu said.
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