Calandra Cruickshank, firstname.lastname@example.org, 845-853-3760
Russ Johnson, Russ@navigatorcre.com, 206.850.7675
StateBook, NavigatorCRE launch new platform to help business and public sector leaders address Coronavirus impact
March 26th, 2020 -- In response to the developing health crisis, two innovative technology companies in New York and Seattle have joined forces to create Viral Insights, a powerful online data analytics platform that helps corporate and government leaders inform the crisis management strategies required to protect people and business assets in the face of the global pandemic.
StateBook International Inc., a premier provider of location intelligence to Fortune 500 companies and government agencies, and Navigator CRE, a leading edge, patented software platform that provides business intelligence and insights for the commercial real estate industry, announced today the launch of Viral Insights.
Using a series of dashboards to reveal insights that are otherwise buried in fragmented data sources, Viral Insights enables leaders to see the correlation between the number of COVID-19 cases surfacing in each county to the potential number of people in each community that face the highest risk of complications from coronavirus based on age or pre-existing conditions. The platform also provides data insights to assess the availability or shortage of medical resources based on the number of medical specialists and resources available in that community.
"During a health crisis of this magnitude it’s imperative for government and business leaders to have access to a holistic view of pandemic, demographic and economic data to efficiently create targeted and effective crisis management strategies to address the needs of at-risk populations and mitigate medical challenges that may exist,” explained Calandra Cruickshank, founder and CEO of StateBook. “Viral Insights was built to enable data-driven decision making around the targeted protection of people, businesses and the economy."
Viral Insights also reports the number of people employed in the hardest-hit industries and the amount of payroll that may be at risk to identify areas where unemployment levels may be highest and which industries may be most vulnerable from a prolonged slowdown. This information also is valuable to lenders who are likely to face tremendous pressure in the coming weeks and months to provide loans to struggling families and businesses as well as to keep tabs on their changing risk profile associated with commercial loan portfolios.
"With people being asked to stay at home and self-quarantine across the country, companies are facing unprecedented circumstances that could have deep, long-lasting economic repercussions," said Taylor Odegard, founder and CEO of NavigatorCRE. "Companies from all industries need to assess every risk to their businesses, employees and real estate assets in order to make informed decisions for the days, weeks and months ahead."
Companies with large real estate portfolios can use Viral Insights' interactive dashboards to understand whether their labor force may be exposed to high risk areas and make informed business decisions such as encouraging the use of telemedicine benefits or consolidating the work of essential employees in areas where health care systems have a higher capacity to treat people. For landlords, Viral Insights can help assess what percentage of their portfolio is occupied by tenants in high risk industries, and begin putting strategies in place to mitigate lost revenues.
"It is our hope that the development of Viral Insights to provide powerful business intelligence will help inform the strategies and policies needed to save lives, get people back to work safely and, in turn, mitigate the negative economic effects of this public health crisis," Cruickshank said of the platform that the StateBook and NavigatorCRE teams created within two weeks to respond to the Coronavirus threat.
About Viral Insights
Viral Insights is a SaaS platform designed to deliver focused understanding about the risks facing Americans and our communities and businesses in the face of the exploding Pandemic in order to drive effective strategies, save lives and help propel a more rapid return to economic stability. Two of PropTech’s most innovative companies, Navigator and StateBook, convened their expert economists, researchers, data scientists, business intelligence analysts and unique technology to deliver critical strategic insights powered by StateBook data on Navigator’s patented, digital operating system.