Workplace Business Intelligence – Advanced Business Management Technology
"You can't manage what you can't measure."
-Peter Drucker
Real estate is typically the second largest corporate expense after personnel yet it is often one of the most overlooked assets. Knowing how real estate space and related resources are being utilised today – and tomorrow – can generate significant savings.
Workplace BI is the first business intelligence tool for real estate executives and other facility management personnel looking to cut costs by maximising real estate space and asset utilisation throughout the organisation. Workplace BI is a business management tool that provides valuable real-time data analysis and trending information through interactive, easy to read, dashboards. Leveraging the analysis from this data enables organisations to identify existing or forthcoming organisational inefficiencies that can help proactively manage current and future real estate costs.
Real Estate Business Intelligence Data Visualisations with Tableau Software
|
PeopleCube has teamed with Tableau Software, the global leader in rapid-fire business intelligence software, to present real-time utilization data analysis through interactive visualizations. These visualizations present data collected from multiple systems in a dashboard format that can be easily configured and manipulated, allowing users to interact with the data to analyze and uncover new or emerging patterns regarding inefficient real estate utilization. Furthermore, the simple format of Workplace BI with Tableau Software enables users to access and create visualizations easily, without deep technical knowledge or the assistance of IT. And because these visualizations are web-based, they can be easily deployed to others throughout the organization.
Learn more about gaining insight through visualisations>> |
These interactive visualizations in Workplace BI allow you to drill down into data to uncover specific inefficiencies within your organization.
Click here to enlarge. |
Converting Data into Useful Information
The Workplace BI tool has endless possibilities when interacting with the data visualisations. By leveraging these visualisations and exploring them in greater detail can answer the following questions:
- Why is one space booked so frequently while others remain vacant?
- Is reserved space actually being used?
- Who are the biggest no-shows?
- Who is using the space and how often?
- How do locations and departments compare against one another?
- How can existing space be reduced or repurposed to optimise efficiency without compromising productivity?
Having the ability to interact with the data is a major advantage over typical business intelligence tools which simply offer a series of reports. These types of tools typically lead to more questions than answers. Having a comprehensive understanding of how real estate is being used today assists in future planning.
Learn more about converting data into actionable information >>
Comparing Actual Versus Planned Space Utilization for Greater Cost Reductions
|
Some industry experts believe space utilisation estimates are inaccurate by up to 100%. Boston Consulting Group claims that only 40% of all corporate real estate is actually being used at any given time. In high-rent districts like London and New York where the cost per square metre is in excess of £70k, a company that occupies 35 m could be wasting upwards of £1M annually.
Workplace BI captures planned versus actual space utilisation to help understand which rooms and other real estate resources are being reserved but not actually used. Rather than taking a snap shot in time, the data enables the analysis of utilisation patterns by location, by person, or by department to understand more than just what space is being underutilised, but when, by whom, and most importantly…why. |
|
PeopleCube's Workplace BI Allows Users to:
|
Learn more about the value of comparing actual vs. planned utilzation >>
Comprehensive Real Estate Analysis Using Data From Multiple Systems
Workplace BI allows organisations to capture space utilisation data from a number of devices to provide a comprehensive analysis of how real estate is being used. From room and resource reservation data from PeopleCube’s Resource Scheduler, occupancy detection data from PeopleCube’s PeopleCounter, access control systems, or network transaction data, Workplace BI captures this information and presents the potential inefficient utilisation using the interactive visualisations.
Learn more about collecting data from multiple systems >>
Establishing Targets, Goals, and Benchmarks to Monitor Performance
Successful organisations set goals and targets, and measure performance against these targets to ensure continuous improvement. Workplace BI tracks progress against targets by monitoring key metrics to uncover existing organisational inefficiencies or potential areas of improvement. It can also be used to compare the performance of different locations within the organisation, or benchmark performance against others with similar operations.
Integrating Industry-Leading Services with Cutting-Edge Technology
Workplace BI is more than a workspace management tool, it is a service designed to help identify opportunities for reducing inefficiencies in space utilization no matter the size of the organisation. As part of PeopleCube’s commitment to helping each and every customer achieve the greatest return on investment, each Workplace BI engagement includes advice that not only assists with the installation of the solution, but also helps analyse and improve visualisations for customers’ unique data set, thus creating new visualisations needed for each organisation. Purchasing Workplace BI, is not just about buying a solution, but rather partnering with a company committed to your success.
More Information
Want to learn more about Workplace BI? Simply complete the information request form below and a PeopleCube representative will contact you to answer your questions and conduct a thorough return on investment (ROI) analysis.