Workplace Analytics Solution
Optimize Every
Square Foot
Understanding commercial property utilization and vacant corporate lease costs is critical to optimizing your leased space and making it work smarter for your enterprise.
Uncovering key metrics of how you occupy your commercial space
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.
Benefits of RefineRE’s Workplace Analytics Solution
Get actionable and real-time commercial real estate data to help you make strategic, data-driven workspace investments and decisions.
- Analyze and optimize space efficiency by aligning human capital and workplace strategies
- Evaluate commute patterns
- Layer in labor markets and workplace trends
- Enable real-time wi-fi utilization to determine space usage
- Analyze occupancy and vacancy
- Track density and employee mobility over time to ensure a safe return to work
- Ensure an efficient real estate footprint
- Understand when and how employees, teams and overall workforce utilize your space and interact with one another
- Integrate your workplace analytics with your CRE metrics for full-picture decision making
How RefineRE's Workplace Module Helped a Silicon Valley Tech Company save $1.5MM
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.
Features of RefineRE’s Workplace Analytics Solution
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.
Explore Our Other CRE Solutions
Data Foundations Module
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.
Portfolio Module
The RefineRE CRE Portfolio Manager software module brings together the standard commercial real estate portfolio data you rely on every day, tracking and analyzing your most critical data points including transactions, portfolio trends, and key dates.
BenchCore Module
With BenchCore CRE benchmark software, you’ll be able to benchmark granular and FM-related commercial real estate stats on a global scale, gain valuable insights, make better strategic decisions, and easily share findings with your organization’s stakeholders.
Markets Module
RefineRE’s Market Intelligence software module helps identify leases that are over or under priced while calculating potential risk and cost savings with commercial real estate market data. Gain visibility into detailed commercial lease comparisons and access general market reporting tools to stay up to date on performance trends across your commercial property portfolio.
ESG Module
Demonstrate leadership in corporate environmental stewardship and fuel sustainable growth for your organization with RefineRE’s ESG breakdown software module. This advanced CRE data module analyzes and benchmarks carbon footprint and emissions data by using the electrical spend by lease from your dataset.
FLEX Module
Would your organization benefit from transitioning to a flex workspace? Find out with RefineRE’s FLEX real estate software module. With FLEX, you’ll be able to identify which commercial leases could benefit most from transitioning to flex space and examine details of individual flex space options nearby.
Schedule a consultation with RefineRE
Here's what you can expect:
- ‣ A 15-minute call
- ‣ Identify your biggest challenges
- ‣ Explore automated solutions to optimize your strategy
