04 November 2019 | True Occupancy
We're yet to see the tip of the iceberg when it comes to the application of smart building technology, its role in optimising real estate and, more specifically, in creating connected workplace environments that drive sustainable business performance.
Facilities managers are under pressure to push ahead with tech-fuelled opportunities, under the instruction to cut building costs and drive greater efficiency. However, strategies have traditionally felt stuck in the mud, built on little insight and a limited understanding of how buildings can be optimised to support those who truly define the success of the business, its people.
Now, with enhancements in sensor technology, facilities teams can look at the workplace through a different lens, for the first time.
True Occupancy's The Truth About Workplace Occupancy Analytics eBook explores a vital solution for companies ready to demystify their smart building strategy and create people-centric workplaces that unlock the key to long-term success: productivity.
Demystify your smart building strategy
In the context of facilities management, occupancy analytics refers to the study of data collected by smart devices or other manual applications in order to measure the movement of individuals throughout a building or site. The aim is to enhance the space for efficiency and utility while also meeting key business goals and promoting better business performance.
Occupancy analytics reveals the hidden patterns behind real world facilities and space usage that human observation and other forms of measurement routinely miss.
For companies struggling to understand how their workplace(s) is being used (a handicap which contributes to excessive energy use, overcrowding or under occupancy, substandard working environments and reactive maintenance), this new insight supports informed, objective design and maintenance decisions that are shaped around employee needs.
Productivity is the priority
When positioned as a priority, productivity can save a company anywhere up to 10X more than the outgoings associated with better space utilisation (and subsequent rent reduction), and a massive 100X more than improved energy efficiency.
Improved space utilisation, and cost and carbon emission reductions are key outcomes that can be directly linked to employee behaviour. From outcome-focused, anonymised data aggregation emerges tangible strategies which help to form a wider change management programme.
Occupancy analytics feeds into behavioural transformation which improves the way people work, and interact with the spaces and facilities available to them. It's an approach that can help employees to perform at their best, both individually and collaboratively, while also boosting company reputation, and talent attraction and retention in competitive markets.
National Grid understood the need to support its employees when it launched its "Smart Workspace Initiative". The change management programme, fuelled by occupancy data analytics contributed an 8% increase in employee productivity and £8million annual savings.
Find out more about National Grid's Smart Workspace Initiative, the real world applications and benefits of occupancy data analytics, and the future of the connected workplace in True Occupancy's The Truth About Workplace Occupancy Analytics