Accruent Sets New Standard in Workplace Space Optimization with Launch of Accruent Space Intelligence™
July 16 2024 - 9:00AM
Accruent, the leading provider of workplace and asset management
solutions, today announced the launch of Accruent Space
Intelligence™ (ASI), its latest space optimization and planning
solution. ASI is designed to help organizations manage the
complexities of the current workplace landscape, which has
experienced a substantial shift toward underutilized office spaces
since the pandemic—expected to surge to as much as 1 billion square
feet by the end of this decade. Additionally, projected vacancy
rates are anticipated to be 55% higher than pre-pandemic levels.i
In response to the evolving workplace, where 87% of
organizations have hybrid work programs and 72% rely on data for
space utilization planningii, ASI overcomes key challenges such as
fragmented data sources. The space intelligence solution provides
centralized insights from aggregated data that empower companies to
make informed, strategic decisions based on a comprehensive view of
their portfolio.
ASI reduces the time, resources and redundant systems that
organizations and educational institutions often rely on for
gathering and analyzing space utilization data, offering a standout
solution in a market where many organizations lack dedicated space
management software or are seeking better alternatives to their
current systems.
The solution’s primary module offers a single pane of glass
analytics tool that simplifies complex utilization data by
transforming it into actionable insights. This capability allows
corporate real estate professionals to gain a holistic
understanding of their current space usage and to strategize
effectively. Complementing this is a forecasting capability that
acts as a virtual testing ground, enabling teams to simulate
departmental restacking and scenario comparisons, enhancing
planning accuracy and foresight.
ASI’s digital tools for scenario planning natively integrate
with Accruent’s EMS® and FAMIS 360® products and with various other
customer data streams, including lease and badge data. This
integration is key to facilitating accurate, data-driven
decision-making.
“Our goal is to enable our customers to take advantage of
workplace data to maximize their current spaces to better align
with today’s employee and student needs. This is a key contributor
to cost savings at a time when corporations and universities are
navigating budget constraints and optimizing their environments to
changing space needs,” said Richard Leurig, Chief Product and
Technology Officer at Accruent.
Key features of ASI include:
- A single pane of glass analytics tool that distills utilization
data and reveals comprehensive insights.
- A consolidated view
of key data – including space usage, lease details, and operational
costs – across all sites, with the ability to dive into granular
data at building and floor levels.
- Dynamic dashboards
and interactive floor plans for scenario planning, allowing for
easy comparison, collaboration, and measurement of space
utilization changes.
- A forecasting capability that offers a virtual testing ground
in which teams can restack departments and spaces and plan for
future capacity scenarios.
For more information on Accruent Space Intelligence, please
visit here.
ABOUT ACCRUENTAccruent is a leading provider of solutions for
unifying the built environment — spanning real estate, physical and
digital assets, and the integrated technology systems that connect
and control them. Accruent continues to set new expectations for
how organizations can use data to transform how they manage their
facilities and assets. With U.S. headquarters in Austin, Texas,
Accruent serves over 5,000 customers in a wide range of industries
in more than 100 countries worldwide.
Accruent is a registered trademark of Accruent, LLC or its
subsidiaries in the United States and other jurisdictions. ©2024
All Rights Reserved.
Accruent media contact:
Stephanie Leontisstephanie.leontis@accruent.com
________________________iCushman & Wakefield (2023).
Obsolescence Equals Opportunity.
https://www.cushmanwakefield.com/en/united-states/insights/obsolescence-equals-opportunity
ii Quadro, M., Gratrix, C., Michalik, M., Hynes, R. (2024)
Global Occupancy Planning Benchmarking Report 2024. JLL.
https://www.us.jll.com/en/trends-and-insights/research/occupancy-benchmarking-report