Dubai-based independent business-to-business platform, Eye4Storage has launched a new digital marketplace that links businesses looking for storage and distribution facilities with warehousing operators globally, a major advance at a time when warehousing vacancies in many markets are at an all-time low.
Eye4Storage is an easy-to-use platform that lets warehouse providers list facilities for rent, sale or flexible, on-demand use. Companies looking for storage space submit searches and get listings of available space. The platform connects providers and searchers to allow them to negotiate directly.
Through its new space-matching platform, Eye4Storage will boost efficiency and utilization rates for warehousing operators while shortening search times and lowering overall costs for businesses with storage needs.
The platform enables businesses to search for facilities that meet their needs and allows them to look for space that is suitable in terms of location, size, environment, provider expertise, and other options, while also supporting sustainability and green logistics requirements.
“The Eye4Storage platform addresses the costly inefficiencies and obstacles in the global warehousing market. It gives warehouse operators the ability to find customers for unused space and assess demand before they undertake expensive expansion studies or start construction of new facilities. It gives customers the ability to do market and requirements-specific searches instantly and lets them compare rates, start negotiations and act quickly to secure the space they need. By providing a real-time overview and allowing people to apply a filter to match their needs, we reduce the time spent on finding the perfect facility and lower the amount of empty or under-utilized space.”
The rapid growth of eCommerce and pandemic-driven need for additional inventory in many sectors has led to a shortage of available warehousing space in many markets. Eye4Storage was developed by a team of logistics industry veterans using their combined experience and knowledge of the market to create a technology-driven platform that allows providers and searchers to connect easily, efficiently, and cost-effectively. The company aims to enable the reduction of unused warehouse space across the world and contribute to a sustainable future.
Eye4Storage aims to bring clarity and facilitate both searchers and warehouse providers in this $245 billion market that is expected to touch the $326 billion mark by the end of 2024, according to market intelligence firm Beroe.