Cushman & Wakefield analyzes space utilization with Spacewell

Aug 19, 2019 | News

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.

Sample space analytics dashboard

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

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About Spacewell

Spacewell, part of the listed 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.