Thing Technologies

About Thing Technologies

THING TECHNOLOGIES GmbH, established in 2016 by co-founders Klaus Berberich, Marc Gille, and Dr. Christopher Hoor, operates in the smart real estate and PropTech sector. The company's genesis is rooted in the founders' extensive backgrounds in enterprise software and digitalization. Dr. Christopher Hoor, for instance, transitioned from a role as Vice President of Internet of Things (IoT) at T-Systems, bringing direct experience in connecting physical objects to the digital world. This collective expertise underpins the company's core offering, Thing-it, a digital operations platform designed to transform commercial buildings into intelligent, user-centric environments.

The firm targets corporate real estate managers, facility managers, and companies aiming to modernize their office spaces for a hybrid work model. Its business model revolves around a B2B Software-as-a-Service (SaaS) subscription, offering a modular platform that allows clients to select and implement features according to their specific needs. Revenue is generated through these recurring subscriptions, with pricing likely dependent on the scale of deployment and the modules selected.

Thing-it functions as a comprehensive smart building solution, centralizing control and interaction through a single mobile application for employees and tenants. The platform integrates with a building's existing infrastructure and various third-party systems, such as groupware and identity management providers. Key functionalities for users include keyless building access, booking of desks, meeting rooms, and parking spaces, indoor navigation, and control over environmental conditions like lighting and temperature. The system also facilitates services like catering orders and incident reporting.

For corporate real estate clients, the platform provides a powerful analytics backend. It delivers real-time data and customizable dashboards on workspace utilization, helping managers optimize space allocation and reduce operational costs. Furthermore, Thing-it addresses growing demands for Environmental, Social, and Governance (ESG) compliance by generating reports that track energy consumption and other key metrics, aiding in the reduction of a building's ecological footprint. The platform's enterprise-readiness is highlighted by its compliance with security standards and data protection regulations like GDPR, making it a viable solution for large corporations across Europe and the US.