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 within an organization’s portfolio. Knowing how real estate space and related assets are being utilized today – and tomorrow – can save thousands, and even millions, of dollars.
Workplace BI is the first business intelligence tool for real estate executives and other facility management personnel looking to cut costs by maximizing real estate space and asset utilization throughout the organization. Workplace BI isn’t a product, rather it’s a business management tool that provides valuable real-time data analysis and trending information through interactive real estate business intelligence visualization dashboards. By leveraging these business intelligence visualizations, you are able to uncover existing or forthcoming organizational inefficiencies that can help you proactively manage current and future real estate costs.
Real Estate Business Intelligence Data Visualizations 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 visualizations >> |
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 Workplace Business Intelligence Data into Useful Information
Workplace BI is virtually limitless in terms of interacting with the data visualizations. By leveraging these visualizations and exploring them in greater detail, you are able to identify organizational inefficiencies by answering questions such as:
-
Why is one space booked so frequently while others remain vacant?
-
Is reserved space actually being used?
-
Who are the biggest no-show offenders?
-
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 optimize efficiency without compromising productivity?
Having the ability to interact with the business intelligence 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. To effectively manage your real estate, you need to have a comprehensive understanding of how it is being used today to assist in future planning.
Learn more about converting data into actionable information >>
Comparing Actual Versus Planned Space Utilization for Greater Cost Reductions
|
Industry experts believe space utilization estimates are off by 100%. In fact, 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 New York, London, or San Francisco where the cost per square feet is in excess of $100, a company that occupies 25,000 square feet could be wasting upwards of $1M annually.
Workplace BI can capture planned versus actual space utilization to help understand what rooms and other areas of your real estate are being reserved but not actually used. However, rather than taking a snap shot in time, you are able to analyze utilization patterns by location, by person, or by department to understand more than just what space is being underutilized, 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 utilization >>
Comprehensive Real Estate Analysis Using Data From Multiple Systems
Workplace BI allows organizations to capture space utilization data from a number of devices to provide a comprehensive analysis of how real estate is being used organization-wide. From room and resource reservation data from PeopleCube’s Resource Scheduler, occupancy detection data from PeopleCube’s PeopleCounter, security badge readers, or network transaction data, Workplace BI can capture this information and present the inefficiencies taking place within an organization via the interactive visualizations.
Learn more about collecing data from multiple systems >>
Establishing Targets, Goals, and Benchmarks to Monitor Performance
Successful organizations set goals and targets, and measure performance against these targets to ensure continuous improvement. Workplace BI allows you to compare your progress against your targets by monitoring key metrics to uncover existing organizational inefficiencies or potential areas of improvement. They can also be used to compare the performance of locations within your organization, or benchmark your company against similar operations.
Integrating Industry-Leading Services with Cutting-Edge Technology
Workplace BI is more than a real estate management tool, rather it is a service designed to help identify and eliminate inefficiencies in small companies to global enterprises. As part of our commitment to helping each and every customer achieve the greatest return on their investment in our solutions, each Workplace BI engagement includes professional services to not only assist with the installation of the solution, but also to help analyze and improve visualizations for customers’ unique real estate business intelligence data, and create new visualizations needed by each individual organization. When you purchase Workplace BI, you’re not just buying a solution, rather you’re 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 ROI analysis.