The Role of Data and Technology in Unifying and Optimizing Office Space
Get the latest on office space utilization and learn how sensors, AI-powered analytics and intelligent workplace management systems unify your built ...
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The way analytics are done in the corporate sector shifted from manual reporting to the use of integrated technology solutions that produce real-time intelligence. Instead of stitching together spreadsheets and siloed systems, you can instantly pull insights from cloud-based platforms that unify data across your organization.
Repetitive tasks are increasingly automated, while artificial intelligence (AI) and machine learning go to work surfacing patterns you likely wouldn’t spot on your own. As the approach to analytics evolves, the level of visibility and agility allows you to respond to issues as they unfold.
In this article we share insights around why analytics matter in the corporate space, what you should focus on measuring and how connected solutions and IoT are transforming analytics and reporting. Keep reading for steps to get analytics right, pitfalls to avoid and leveraging continuous improvement for more agility.
The corporate landscape is increasingly defined by complexity, and analytics can give you a clear view into that. Especially with hybrid work remaining the norm, you need clarity in your data to understand how people use space, collaborate and stay productive.
While commercial real estate prices seem to be stabilizing, every square foot of your portfolio counts. In fact, JLL uncovered portfolio optimization is the primary focus for corporate real estate leaders, over cost-cutting.
Without analytics, you can’t optimize offices, reduce waste or confidently forecast any future needs. Environmental, social and governance (ESG) expectations add yet another layer of accountability in your real estate portfolio, but the right data analytics can help you track energy use, measure environmental impact and transparently report on progress.
Further, the growth of the experience economy requires analytics, so you can design workplaces and employee journeys that actually meet the expectations people have. No more guess work. Ultimately, analytics help you to make smarter, faster and more defensible decisions for your business.
Related Read: How Agentic AI and Mobile-First Booking Can Transform the Modern Workplace
Your real estate portfolio constantly shifts based on the way people work, their needs and what the business can maintain. In order to make the right decisions, you need to be able to see how space is used and how it performs for employees and the organization. The following six metrics can help you measure and balance cost, experience and sustainability.
To get an even deeper level of visibility into how your corporate spaces actually operate, you need connected solutions and IoT tools. With these systems you can tap into real-time signals such as badge data, occupancy sensors and environmental monitors that help show true patterns of movement, usage and demand.
For even better insight into behavior and where unmet needs are, smart booking systems show what was reserved and what actually got used. Layer in AI-generated analytics and your data streams can reveal even the smallest barriers, giving you the chance to proactively seize opportunities for consolidation. Using these integrated technologies lets you measure more accurately, respond faster and design an agile workplace.
You need more than data to make workplace analytics useful. Getting it right requires a framework that connects insights to outcomes. The following five steps can help you build an approach that scales with your business, so you continue delivering value.
As you evolve your analytics approach, make sure you aren’t measuring the wrong things. Be aware of these three pitfalls and ways to pivot to help keep yourself on track.
Agility is an important element as your workplace needs shift. To achieve this, you need continuous improvement in your systems and approach.
Regularly updating your dashboards, refining KPIs and incorporating new data sources helps to ensure insights stay aligned with how space needs change. For instance, scenario planning is far more powerful when fed by current, high-quality data that lets you model space requirements, cost impacts and employee behavior. Additionally, benchmarking against internal teams, locations or industry peers can help you spot gaps early and address them quickly.
Continuous improvement gives you an iterative approach that’s always learning so you can make smarter decisions in the moment to evolve workplace strategies as needed.
Related Read: Unlock Smarter Workspaces: Why Real-Time Space Analytics Are Essential for Modern Corporations
Analytics are the backbone of how you design, manage and transform your workplace. Richer data, real-time visibility and seamless integrations across systems all build an environment where you can anticipate need and proactively address it.
Emerging technologies are making analytics even smarter. Predictive insights help get ahead of space needs and employee behavior, while AI-powered alerts guide in-the-moment decisions. Advanced forecasting is helping businesses like yours model scenarios with better accuracy to support long-term planning.
It’s not just about keeping up with the future of work but actively taking part in shaping it. Smart analytics and strategic measurement backed by integrated solutions are the tools to help get you there.
If you’re ready to reimagine analytics and reporting as a strategic differentiator, schedule a demo today.
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