Real estate innovation is picking up speed, driven by the IoT and flexible workspace demand. Global real estate services firm Cushman & Wakefield understands this like no other. Therefore, Cushman & Wakefield partners with Spacewell to capture data from buildings and make it actionable for real estate managers and occupants.
Improved space stacking
As part of this approach, C&W recently deployed a 1,000+ sensor project at a leading American financial institution’s Boston HQ. The project was initiated for the purpose of monitoring occupancy and space utilization with a focus on meeting rooms. Dashboards show objectively which spaces are busy or quiet, saturated or underused, and when. This detailed analysis is being done in preparation of a relocation to provide the insights needed to optimize the stacking plan for the new location.
Optimized employee experience
Account Director at Cushman & Wakefield, Kim Snyder, said: “Leveraging building utilization data to enhance the occupant experience is where commercial real estate’s future is headed. With this in mind, Spacewell brings cutting-edge smart building technology and analytics to improve the work environment for the employees. We provided the client with dashboards around occupancy and space utilization that will enable them to match their workspaces with the evolving needs of the business.ʺ
Spacewell, part of the publicly traded Nemetschek Group, is a technology and consulting firm, supporting its clients across the globe to improve the performance of their building portfolios. Since our inception, our core purpose is to make buildings work harder for their occupants by unlocking the power of building data. Thus, we assist our clients to optimize their facility operations and achieve bottom-line savings; as well as helping them create workplaces that offer the agility, flexibility, and connectivity needed to support new ways of working. Spacewell was founded in 1989 and currently employs 300 people across 10 locations.
Real estate management is becoming increasingly occupant-driven. In this context, independent research firm Verdantix has just released a new benchmarking report providing guidance to real estate and facilities decision-makers seeking software for space management, workplace services, and occupant well-being.
Spacewell among top-scoring vendors
The company is included in the select list of vendors that excel in analytic capability for space management, trends analysis across multiple metrics, and utilizing data from sensor networks. Spacewell is also among the top global vendors that offer a comprehensive solution to facilitate agile working environments, providing capabilities to determine an adequate ratio of desks to staff and offering easy booking of spaces through mobile apps and user-friendly digital kiosk interfaces.
Finally, Spacewell obtained a top-three score in the area of occupant well-being, with its solution supporting sensor-sourced data on humidity, CO2 and temperature that triggers automated alerts or rule-driven work requests according to pre-set quality parameters.
ʺIn the 2019 Product Benchmark on Space and Workplace Management Software, Verdantix finds that Spacewell offers strong functionality across space management, workplace services delivery and wellbeing analytics,” said Ibrahim Yate, Industry Analyst at Verdantix. “In particular, Spacewell offers comprehensive analytics for insight into space utilization as well as occupant comfort trends, can minimize touchpoints with customers’ existing IT infrastructure to speed up deployments and supports the facilitation of agile working environments.”
Benchmarking research methodology
The research analyses the features and functionality of fifteen IWMS and eight specialist vendors, through a standardized benchmarking process, which required the vendors to complete an assessment questionnaire, disclose examples of customers using their software and run a live product demo.
Check out the full report and key take-aways on the Verdantix website.
Spacewell is part of the Nemetschek Group, the only corporate group in the world that covers the entire life cycle of construction and infrastructure projects, currently counting over 5 million customers worldwide.
Our core purpose is to make buildings work harder for their occupants by unlocking the power of building data. We assist our clients to optimize their facility operations and achieve bottom-line savings. And we help them create workplaces that offer the agility, flexibility, and connectivity needed to support new ways of working.
Spacewell has over 2 million users across many vertical industries, including large corporates, facility and real estate services firms, as well as public sector entities. Spacewell, that currently employs 300 people, operates globally with offices across EMEA, North America and APAC, and an expanding partner network.
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