RefineRE’s Workplace Analytics software module uncovers the key utilization metrics you need to help ensure cost-efficient use of every square foot of your commercial property workspace. Using data such as employee and desk counts, our Workplace Analytics solution pinpoints both under- and over-utilized space and identifies cost savings by calculating vacant rent across your entire portfolio. Integrate 3rd party solutions like Zoom, Slack, badge swipe, and sensor data for a more detailed and thorough picture of how your people are utilizing your space.
Get actionable and real-time commercial real estate data to help you make strategic, data-driven workspace investments and decisions.
WHO WE HELPED
The Head of Workplace and team at a Silicon Valley SaaS company specializing in data connectivity.
THE CHALLENGE
While trying to piece together a return to office plan, the organization didn’t have a solid understanding of utilization data. Although the workplace team had been gathering badge swipe and conference room booking data, it wasn’t enough to have a comprehensive understanding of space density and employee mobility.
THE SOLUTION
By deploying RefineRE’s WiFi utilization platform as part of our Workplace Module, the workplace team is now able to measure the metrics that matter at a fraction of the price of a sensor install.
THE BUSINESS IMPACT
This company leverages RefineRE to automate a previously manual headcount process. The workplace team also found the information they needed to plan for the post-COVID return to office without installing sensors, saving them $1.5MM.
Workplace Analytics takes into account every key metric you need to identify areas where you can best optimize your space with features such as:
Wi-Fi Utilization attaches to wi-fi routers throughout your buildings to report on how much/where/when space is actually being used and identify trends.
Commute Patterns uses employee data (home address) to quantify potential commutes if clients are considering location changes.
Occupancy and Vacancy summarizes space utilization data with your lease data (focuses on vacant lease costs and cost per FTE).
Labor Markets break down all markets in the U.S. based on employment, population, growth, and income. Allows you to identify potential markets that fit a particular labor and cost requirement.
Workplace Trends takes historical data from past customer uploads and trends it over time with a focus on workplace data.
The ability to view and analyze all of your foundational commercial real estate data in one easy-to-navigate dashboard is essential to being able to make defendable short- and long-term decisions about your commercial real estate portfolio.
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