Posts Tagged ‘real estate business intelligence software’
Telecommuting and Real Estate Management To Address Budget Concerns
You’d have to be living under a rock to not know that state and local governments have had to make tough decisions due to the recession. We’ve seen programs and services that serve the community have to be cut because the funds simply aren’t there. As a result, a number of government agencies are beginning to search for solutions that can save money and hopefully create enough room in the budget to keep programs alive that serve employees and the community.
Telecommuting
Telecommuting is one solution that can certainly save government agencies money. The costs of putting an employee up in an office can add up to close to $10,000 a year! Just think if you could reduce that, obviously there will be times where employees need to be present in the office, and if a telecommuting program that takes that into account is implemented organizations and agencies could stand to save even more money.
To run a successful telecommuting program it should really be part of a larger real estate management strategy. Implementing a telecommuting program may give an organization the opportunity to reduce it’s real estate, and certainly reduce it’s energy consumption. The key is being able to monitor and measure how your resources and real estate are being used.
When an organization or agency implements a telecommuting program, part of that may be creating shared workspace that employees can book through scheduling software when they are present in the office. That scheduling software can be integrated with energy management systems to be powered only when it’s scheduled to be used. It can also be integrated with real estate business intelligence software that allows you to monitor energy consumption and actual versus planned utilization of the the shared workspace. This data can then be used to make tough real estate decisions that would create savings for an organization or agency based on reduced real estate and energy consumption.
I understand there is quite a bit of information in this post, so below there are a few links that will further explain different topis that this post touched upon.
Learn more…
Real Estate Management Solutions
Nissan Receives Energy Management Award
For the 2nd consecutive year Nissan has been named a 2011 ENERGY STAR Partner of the Year by the EPA for their outstanding energy management program.
Nissan was awarded with the distinction based on their commitment to smart energy management, and their ability to measure and track their energy consumption. Nissan is among over 20,000 organizations that participate in the ENERGY STAR program, but their ability to measure their energy consumption is what seems to be setting them apart from the rest.
Nissan has been an ENERGY STAR partner since 2006, since then they have been able to improve their energy efficiency by more than 30%.
Real estate business intelligence software and energy management software can assist an organization in being able to track, monitor, and even manage their energy consumption. Nissan credited involving their employees as a way to reduce their energy consumption. Real estate business intelligence software that allows all employees in an organization to easily understand the amount of energy being used is key in getting employees to make adjustments to become more energy efficient as an organization.
Nissan was able to improve their energy efficiency by more than 30% through monitoring energy consumption, if you would like to do the same for your organization you can learn more about energy management and real estate business intelligence software.
Energy Management – Low Risk Big Reward
With Earth Day approaching more organizations might find themselves thinking about energy management than usual. Quite often organizations look at energy management as part of a public relations strategy to be perceived as a “green company“. This can have a significant impact on the way an organization is viewed, but if an organization truly implements an energy management strategy it can have a significant impact on the organization’s bottom line as well.
An article on IndustryWeek.com defines energy management as “The process of monitoring, controlling, and conserving energy to maximize profits and minimize risk.” Organizations looking to become proficient in energy management would be wise to invest an energy management solution that integrates a number of different systems to efficiently monitor and control their energy consumption.
Energy Management ROI
Implementing an energy management program at your organization carries a relatively low risk and can produce a significant return, but organizations still seem to be reluctant to make an investment in energy management. Industryweek.com credits this reluctance to the lack of excitement behind controlling expenses compared to growth projects that grow more sales.
Energy management projects carry little risk and can be profitable in both boom times and in a slower economy. By lowering energy usage and reducing energy costs, your organization can become more profitable during slow times and during good times it takes a successful project and adds more value based on lower operational costs and expenses.
Just like anything an energy management program can carry some risk, but if an organization takes the right steps and implements the appropriate energy management solutions this risk can be eliminated.You can eliminate the risk behind an energy management program with:
- Real Estate Business Intelligence Data- Real Estate Business Intelligence Software allows your organization to monitor a number of different systems and energy usage inside your building. With accurate and up to date data, easily available- your organization can make decisions and adjustments that will reduce your energy consumption. Learn more about Real Estate Business Intelligence Software.
- Scheduling Software- When implementing and energy management program it is important to have buy-in from the whole organization top to bottom. That’s why it’s important to make it as simple as possible for your employees to have a positive impact. Efficiently scheduling rooms and resources can have a major impact on reducing your energy consumption. Scheduling software can be integrated with energy management systems to automatically power rooms and resources only when they are scheduled to be used. Learn more about Scheduling Software.
- Occupancy Detection- As noted above, a successful energy management program requires buy-in from the entire organization. Sometimes this may be difficult with employees scheduling rooms and resources and not using them or not using them for the full time they had scheduled them for. This can cause rooms and resources to continue to be powered when they aren’t in use. Occupancy detection tools like a people counter can be integrated with real estate business intelligence software to track actual versus planned utilization. Occupancy detection tools can also be integrated with energy management systems to only power rooms when someone is actually present. Learn more about Occupancy Detection.
Learn more about Energy Management Solutions.
Manage & Monitor Telecommuting & Alternative Workspace To Reduce Real Estate Costs
Everyday it seems like more organizations are beginning to understand the value of implementing an alternative workspace program for their organization. More organizations than ever before are allowing employees to telecommute and join the mobile workforce. A report done recapping the events of National Telework Week show that 60% of organizations are now more open to the idea of using alternative workspace and telecommuting that they have been in the past.
This is all great to hear, utilizing alternative workspace and allowing employees to telecommute has the potential to cut real estate costs and reduce energy costs for these organizations, as well as reduce their carbon footprint. I stress the “has potential”. Telecommuting and utilizing alternative workspace is a great place to start but an organization won’t be able to reap all of the cost savings available to them unless their alternative workspace and shared workspace is managed and monitored.
An alternative workspace environment is only beneficial if it’s managed the right way. Without the right alternative workspace management software in place to ensure quick adoption by the workforce and the ability to track how the program is working, the value of the program plummets.
Learn more about managing alternative workspace with Scheduling Software.
Monitor alternative workspace with Real Estate Business Intelligence Software.
7 Ways Your Business Can Benefit From Business Intelligence
This morning I came across an interesting article on business intelligence. It listed out six ways business intelligence can help your business. I can’t dispute the six ways that were listed but have trouble with the fact that they ignored one major area where business intelligence can provide great benefit to an organization, their real estate. Here are the six ways business intelligence can benefit your organization as they were listed on ecrmguide.com. But first, I’ve added Real Estate Management to the top of the list as real estate business intelligence can provide great benefit to your organization.
7 Ways Business Intelligence Your Business Can Benefit From Business Intelligence
- Real Estate Management- Real Estate Business Intelligence can be used to monitor and track real estate asset utilization and improve the efficiency of your corporate real estate. Many organization don’t understand or realize how different rooms or resources are being under utilized. Real Estate Business Intelligence data delivered through business intelligence visualizations in PeopleCube’s Workpace BI can assist your organization in optimizing or even reducing it’s corporate real estate and create tremendous cost savings. Learn more about Real Estate Business Intelligence.
- Marketing Business Intelligence- Marketing departments can use business intelligence software to analyze the return on campaigns and promotional yields, while fine tuning their spend to get the greatest ROI and grow the organization’s bottom line.
- Sales Business Intelligence- In sales business intelligence contributes to the improved process performance. It can tell you how long a representative has been engaged with customers on average. This information can then give insight into what changes can be made.
- Finance & Accounting Business Intelligence- Much like sales business intelligence, finance business intelligence is all about improving the process. It can answer a question like how long is it taking to receive payment, and why did it take that long?
- Human Resources Business Intelligence- Business intelligence for human resources can give great insight into employee turnover rates and where the best candidates are being hired from. People don’t often think of human resources as an ares for business intelligence but it can provide great benefits to an organization.
- Inventory & Fulfillment Business Intelligence- Businesses can use business intelligence software to monitor inventory levels. This information can alert businesses as to how long cycles are, when inventory is low, and how they can improve any issues they are having with their inventory levels.
- Company Wide Business Intelligence- Business Intelligence Software can help across an entire organization. If an organization is having issues it’s easy for people to hypothesis as to where the problem lies, and can create finger pointing. With business intelligence an organization can deal in facts and see exactly where the problem lies and then fix it.
Learn more about Business Intelligence Software
Employing PeopleCube’s energy management solutions, your organization will be eliminating unnecessary energy consumption, resulting in significant cost reductions and reduced carbon emissions.