Reds10 launches space-as-a-service offer and appoints Dr Phillip Cartwright as Non-Executive Director to drive growth

Reds10 has launched its space-as-a-service offer, to provide customers with high performance, low carbon, SMART buildings on flexible ownership terms. Using off-site construction, cradle-to-cradle design and the latest technology, it will design, finance, build and fit-out healthcare, education, workplace and accommodation spaces. It will also use building and organisational performance data to optimise customer experience, building use, operation, energy consumption and maintenance.

The new service is enabled through SMART building techniques and digital, sensing and energy technologies tried and tested in the aerospace and automotive sectors as well as operational management that takes its cues from the hospitality sector. Reds10’s Chairman Matt Bennion will lead the new business and work with Dr Phillip Cartwright who is appointed as Non-Executive Director of the space-as-a-service business, Reds10 Space as a Service Limited, and Reds10 (UK) Limited.

Bennion commented:

“Our customers are looking for built asset solutions that are agile and enable them to deliver better organisational performance and customer experiences. Our new service will enable that and reimagine how our built environment is designed, built and used, to give flexibility, reduce climate change impact and benefit society as a whole. At a time when the Government is demanding better performance from the record levels of investment it is making in transport, defence and social infrastructure and with private sector clients facing unprecedented change, offering space-as-a-service makes perfect sense. We are delighted to be working with Phill on this and the growth of the wider business.”

Paul Ruddick, CEO of Reds10, added:

“Technology and data are key enablers in the space-as-a-service model, which is why we have appointed Phill to our board. With over 35 years of experience in engineering, which has led to innovation in both the construction and automotive industries, there is much to learn. He shares our passion to drive the industry forward and equip society to live, learn and thrive in amazing and highly efficient spaces. We welcome his no-nonsense and personal approach to the investment in and use of technology to help drive our growth.”

He is currently a board adviser for innovation at MACE and developed, designed and delivered significant energy and transport related safety critical systems with ABB, ALSTOM, AREVA, GE and Rolls-Royce across the globe.

Phill said:

“The built environment, during its lifecycle, currently impacts the UK economy to the tune of approximately £808 billion, around 43% of GDP. Despite these huge numbers AND huge advances in the application of information and technology, the way existing infrastructure is operated and exploited has changed very little over the past decades. I am honoured and delighted to be joining a company that wants to change all that. Reds10 is an inspirational team, delivering innovative financing, excellent designs, high performing buildings and low carbon services in a truly unique approach.”

See Phill's full bio on our team page, here.

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