Leading companies are leveraging IWMS for cost savings, operations efficiency and improved data

Why workplace management tech is gaining popularity

Trends and transformation

Workplace and space management

Article

Two major questions that many CRE leaders are grappling with are:

Do our workspaces deliver the amenities and facilities that employees want so that we’ll see maximum productivity and talent retention?
How can we be confident we’re getting the most value and the highest, best use of our spaces and portfolio?

Perhaps unsurprisingly, real estate technology is key to answering these questions.

It’s no coincidence that investment in integrated workplace management systems (IWMS) – platforms that streamline corporate real estate and facilities data, analyze information and support operational improvements across spaces and portfolios – is increasing rapidly. The global market for integrated workplace management systems is projected to reach $8.4B by 2030, growing at a rate of 11.3% per year, according to one global research house.

“Companies juggle many different technology solutions, such as those that can manage our place, our people and our real estate investments,” says Simon Backhouse, JLL workplace technology expert. “But the value these solutions provide back to the business often comes down to how well the data can flow from one to the other. IWMS systems help glue these tools together, giving us deeper insights and a better user experience.”

Simon notes five ways IWMS solutions are making workplaces better:

Agility: workplace management tools integrated for space planning, measuring energy, or managing leases
Data validity: a central source of truth for real-time data to make strategic decisions about your CRE
Transparency: IWMS easily generate customized reports for different leaders and purposes
Optimize portfolio: data around space utilization to inform how office, warehouse and other spaces are used as business fluctuates
Integrating tech stack: combine a variety of disparate data sets and legacy tech to streamline processes

To learn more about IWMS and how it can help your business operate more efficiently with better data, or to get more out of your existing systems, contact our team of CRE tech experts for a consult

Companies juggle many different technology solutions, such as those that can manage our place, our people and our real estate investments … IWMS systems help glue these tools together, giving us deeper insights and a better user experience.