PeopleCube, a provider of intelligent workplace, resource, and energy management technology, has announced the launch of Workplace BI.
The company claims that Workplace BI is the industry’s first business intelligence tool that allows organizations to effectively monitor, measure, and manage utilization of real estate to maximize value and reduce overhead.
PeopleCube has empowered the organizations to gain an accurate view of both current and future real-estate needs. By deploying the new tool, the enterprises may be able to save millions of dollars in direct operating costs within their real-estate portfolio.
Noting that real estate is the second largest cost for most organizations, Jeffrey R. Roof, vice president of product management for PeopleCube said that companies want to make the best use of the space they have and to divest under-performing real-estate assets. Organizations deploying PeopleCube’s Workplace BI will ensure that everyone from top management to hands-on project managers has insight into actual real-estate utilization.
The officials point out that traditional reporting is able to track only those events that have already happened. In contrast, the PeopleCube Workplace BI solution aids enterprises to understand how their space and assets are being used currently and in the future.
The new BI tool also aggregates data from various enterprise systems and transform it into relevant information. This capability enables customers to measure actual utilization against plan, institute continuous process improvement, and achieve effective utilization of space.
“When an organization has the right amount of space to meet the needs of the user community, we call this accurate utilization of space,” said Roof. “As more organizations deploy alternative workspace programs, such as hoteling, accurate utilization of space is more difficult to determine.”
What makes this tool unique is its ability to provide a variety of views of information to users. This helps people requiring more granularity to easily drill down into details without having to run multiple reports to narrow in on what they need.
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