Occupancy Monitoring & Data-Driven Workplace Optimization [Sensor to Insight Series, Part 3]
Occupancy monitoring: a cornerstone of the modern workplace
Reducing vacancy must not happen at the expense of the employee experience. A smart approach starts with measuring evolving building utilization and gaining the insights to not only resize the footprint (aka square footage) but also improve the space configuration. Heads of real estate need to be able to make informed portfolio decisions, with confidence. This requires detailed and highly accurate information – not partial data and sporadic feedback that may lead to the wrong conclusions. That’s where the IoT comes in. Sensors are much better than humans in systematically – and anonymously – capturing and mapping occupancy data.
Sensor options range from basic motion sensors that tell you when a space, desk, or seat is occupied to more sophisticated headcount sensors that you mount on the ceiling and that can really tell you how many people are in a specific space and where they are. This data is processed, securely stored in the cloud, and analyzed. And, most importantly, visualized on floor plans and dashboards that provide a detailed view of how office buildings are used throughout the day.
Non-intrusive occupancy monitoring
It’s important to note that IoT sensors accurately track occupancy without infringing on people’s right to privacy. A sensor knows whether a seat is occupied or not occupied; it doesn’t know who is in the seat. A smart workplace solution such as Spacewell’s Cobundu IoT platform processes occupancy data to optimize the work environment, not to keep tabs on people’s activities. We believe that responsible use of the IoT – and the insights derived from it – is critical in realizing the full potential of our workplaces.
A huge opportunity ahead
The pandemic has disrupted how and where we work. In the context of hybrid work, many businesses may end up paying for office space they no longer need. A recent CBRE survey found that 80% of occupiers expect to reduce their office footprint over the next 3-5 years. A tool like Spacewell’s Opportunity Simulator dashboard helps commercial real estate teams and workplace leaders to benchmark their space performance, run different space optimization scenarios and calculate savings.
Please don’t hesitate to contact us to explore how data-informed office space management could benefit your business.
Chief Revenue Officer at Spacewell
Transformative Workplace Management
CPIP: How Connected Intelligence Enables Human-Centric Real Estate