Home News Targomo’s tool on Germany’s largest real estate portal, ImmoScout24

Targomo’s tool on Germany’s largest real estate portal, ImmoScout24

Targomo’s OfficeFinder tool is now available to customers of ImmoScout24 Gewerbe
(ImmoScout24 Commercial Property). With the new OfficeFinder tool, Germany’s
leading real estate portal ImmoScout24 and location intelligence specialist Targomo
offer a technical solution that enables employers to take into account employees’
commute times when searching for a new office location. This makes it easy to find the
“most commuter-friendly” office.
The tool is now available during a test phase on the commercial property portal of
ImmoScout24 (and here is an English version).
Targomo uses artificial intelligence and highly developed routing technologies to
analyze an office location’s reachability. Within seconds, the tool calculates the
commute times to the office for all specified employee addresses and determines
whether a car, public transport, bicycle or on foot is the quickest way to reach the
destination. On a map, employers can see which areas are best reachable for their
employees. After they have selected a potential office location, the tool calculates the
average commute time for the workforce. In addition, OfficeFinder shows for each
employee on an interactive map which transportation mode is the fastest to reach the
“Length and duration of the commute to work impact quality of life and work-life
balance. Thanks to OfficeFinder, employers looking for a new office at ImmoScout24
Commercial Property can now take this into account, and find out how commute times
and distances change for employees with just a few clicks”, explains Aleksandra
Petseva, Head of Product Innovation at ImmoScout24. “By integrating this innovative
and data-driven tool, we are helping our users to make better and more informed
decisions, thus making office selection easier”.
Patrick Schoenemann, Targomo’s CEO, is convinced that OfficeFinder can improve
quality of life: “More than 22 million employees in Germany need 30 to 60 minutes to get
to work. Almost 5 million need more than one hour. We want to do our part to shorten
these commute times. If we succeed in reducing the figures by only 5 or 10 percent, we
would have more time overall that we could use at work, with our loved ones or for our
hobbies.” *