As U.S. employees return to the office and get back to some semblance of normalcy, the spaces they are returning will likely need to function differently. According to a recent survey, 70% of executives anticipate a post-COVID workplace that features far more free and unassigned seating, largely because many employees favor flexible schedules that allow them to split their time between home and office.
With the high cost of office space, it has become more important than ever for companies to manage space wisely. How will flex work plans change real estate needs? Organizations may need to shrink their footprints, convert unused space into huddle rooms, or invest in additional collaborative technologies throughout their spaces. $150 billion is spent annually on unoccupied office space, emphasizing the importance of maximizing real estate investments.
Real Estate needs are easier to assess when an organization understands how space is being used. Density’s line of room sensors and software collects anonymous occupancy and foot traffic data and generate space utilization analytics and room booking trends. This data leads to informed decisions about managing spaces.
“A large company can own 50 million square feet of space, and 41% of that is typically empty but paid for,” says Andrew Farah, co-founder and CEO of Density. “What they can’t decide is which 41% are empty. We help them understand where there is underutilization and where there is high demand, so they can make better decisions about their space.”
With entry sensors counting foot traffic between doorways and Open Area sensors collecting more granular information about activity in open spaces, companies get real-time and predictive data that will tell them when and where space is not being used. By knowing occupancy rates of individual spaces, facilities management becomes more efficient from both planning and maintenance perspectives.
Learn more about Density and please contact us if you any questions about pricing or implementation. We will have one of our experts get back to you as soon as possible. Looking for something else? Use our Advanced Search tool to find it. As always, keep an eye on our regularly updated blog to stay up to date on all the latest from the world of video conferencing and collaboration.