Smart Buildings

White Paper: The Future of Workplace Optimization Technology in Smart Buildings

Memoori has collaborated with HID Global to produce a brand new white paper on The Future of Workplace Optimization Technology in Smart Buildings

Download your Free Copy –> HERE

The 14-page document discusses how connected workplace solutions are being adopted globally as digitalization and Internet of Things (IoT) platforms transform commercial real estate. We define Workplace Optimization as connected workplace solutions, which provide real-time and proximity location analytics for optimizing the movement of personnel throughout commercial and industrial buildings.

Organizations are profiting from the increased digitization of the workplace. Improved productivity, cost savings and a more mobile workforce are all leading to greater flexibility and adaptability in meeting client needs.

With Millennials (the generation born between the early 1980’s and early 2000’s) predicted to make up 50% of the workforce by 2020, workplace connectivity, mobility and flexibility have come to the fore – PWC Millennials at Work Report

The White Paper discusses in detail some of the key trends impacted Commercial Real Estate today like distributed working and changing demographics in the workforce.

With these trends, however, will come challenges. A more mobile workforce demands easier collaboration and a flexible working environment, so facility and security managers must constantly implement new efficiency protocols. Organizations attempt to balance employee retention and satisfaction with the obligation that buildings operate more ef ciently—all without compromising security. As a result, companies strive to embed trusted identification technologies more deeply into everyday activities to both enhance the user experience and improve access control within buildings and workspaces.

Proactive reporting can provide predictive analytics based on real-time location data to optimize building space and room utilization within a single building or campus.

Most offices worldwide are around 50% under-utilized on any given day, due to changing work styles, mobile technologies and shifting business needs – JLL Activity Based Working Report

Memoori is predicting that the market value for total global system sales of Workplace Optimization Solutions will rise from $1.58 Billion in 2017 to $4.45 Billion by 2021. It is the changing nature and usage patterns of office space that’s putting new demands on building managers to improve space utilization efficiency and driving growth in the market.

Although the benefits of flexible and customizable working environments are often hard to measure, businesses are reporting positive results in areas including ease of recruitment and reduction in staff turnover.

Don’t Forget to Download your Free Copy of the White Paper –> HERE

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular Articles

Complimentary Article AI Interface Commercial Buildings
Smart Buildings

Recording: AI as an Interface for Commercial Buildings

Here is the recording and presentation from our live stream with Jonathan McFarlane from PlaceOS discussing how AI Large Language Models (LLMs) will change the way we interact with our buildings. The future of building system user interfaces is not dashboards! Artificial Intelligence, and specifically LLMs, will change commercial building system interactions from “point & […]

Matterport Costar Acquisition
Smart Buildings

What’s Behind the Acquisition of Matterport by CoStar?

In this Research Note, we examine what’s behind the Costar acquisition of Matterport, the US digital twin business founded in 2011. This analysis is based on Matterport’s investor presentation 20th February 2024, 10K Annual Reports, and recent press releases. CoStar Business Founded in 1987, CoStar Group is a $2.5 billion revenue company, operating some of […]

AI Commercial Buildings 2024
Smart Buildings

Mapping the Global Landscape of AI in Commercial Buildings 2024

The artificial intelligence (AI) landscape in commercial buildings is rapidly evolving. Significant growth in the number and size of companies offering AI-enabled products and services in commercial real estate has been growing around the world in recent years. The private sector has seen a sharp rise in AI development and with that, the number of […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.

Please enter a valid email

Please enter your name

Please enter company name

By signing up you agree to our privacy policy