Save More Money With Business Intelligence Software
In today’s world of ‘Big Data’, answering important questions can be nearly impossible without analyzing historical data collected from multiple sources. As we gather more data, we are able to generate better answers to business problems.
Business intelligence technology makes sense out of ‘Big Data’ – data sets that are so large and complex that it can otherwise be difficult to process into actionable information about organizational performance and future growth. The game-changing ability of business intelligence (BI) software is that it provides historical, current and predictive views of business operations, from both new and previously gathered sources of data.
Business intelligence software can answer questions like – what is our organization’s actual space utilization by region, facility, job class, space type, floor and location on floor? How much space will we really need in the future? Which office leases should be renewed? What will be the impact of implementing newly discovered opportunities for efficiency on the balance sheet and cash flow?
AgilQuest’s Business Intelligence software, Commander BI collects data from multiple sources and performs the analyses required to answer questions about organizational performance. Commander BI makes office space allocation decisions simpler by delivering accurate reporting that’s easy to communicate, which helps with quelling any departmental pushback.
With Commander BI, you get not just volume of use, but actual use of every resource down to workspace, cost center and person. Commander BI delivers actual use of space (AUS) data so that facility management, space planners and real estate executives can gauge the right amount of space to meet company needs at just the right time. When it’s time to renew those 10-20 year leases, there is little data that is accurate or readily available on exactly how much office space is actually used. A company with 20,000 workers reducing shadow vacancy by 20% would save $40M per year. Collecting that data with bed checks or walk-around surveys is expensive, time-consuming and always covers just a fraction of the whole portfolio. When you take operationalized data from actual desk and meeting room use via a workplace management system, collect and analyze the space utilization in Commander BI, you get reports on who is actually using space, what space is being used, at what rate, where the mobile users are under-utilizing their assigned space, and how much each department really needs.
Business intelligence software allows for easy interpretation of complex data so your organization can identify new opportunities and implement effective strategy providing a competitive market advantage and long-term stability. Commander BI collects data continuously, systematically and consistently to provide an accurate picture of the actual space utilization across the entire portfolio. Commander BI is how organizations can maximize utilization to reach sustainability and cost management goals.