Although the adoption of Alternative Workspace has certainly picked up, there are still barriers in the wider implementation.
Some of the obstacles that exist are:
A study by the New Ways of Working organization shows that over the past two years there has been significant accelerated adoption of Alternative Workspace practices being implemented, and the recession is being credited for the growth in the area.
The study shows that more than 4 in every 10 organizations have started implementing alternative workspace programs in the past 2 years. The recession has pressured many organizations to cut overhead and real estate costs as well as reduce business travel in order to remain competitive and retain the best people employed. This is all encouraging more worker mobility and an increase in remote options as well.
Coming out of the recession the concept and implementation of alternative workspace looks to have a positive impact for the short and long term. Initially these ideas of reduced travel and the implementation of mobile technologies were based on work/life balance for employees but now a major business driver has shifted to cost savings, making it a win-win for organizations and their employees alike.
The study also showed that increased employee mobility is leaving workspace underutilized. Organizations are reporting that 76% of their employees are using assigned workspace while 35% use alternative workspace. So the actual space utilization shows that 11% of the assigned space is being left unused.
“These results leave little doubt that alternative workplace programs are becoming valuable and perhaps critical initiatives as organizations strive to be more competitive by lowering their costs while attracting and retaining the ‘best and the brightest,’" says Dr. Joe Aki Ouye, co-founder of the New Ways of Working Network.
Learn more about Alternative Workspace and how you can cut real estate costs for your organization.
Major Customer Wins, New Product Releases, and Continued Growth in Subscription Service Contribute to Successful Start to 2010 for Provider of Workspace Management Technology
FRAMINGHAM, Massachusetts—April 27, 2010—PeopleCube, provider of intelligent workplace, resource, and energy management technology, today announced that it has recently concluded a highly successful business quarter in which it realized significant growth led by the adoption of its alternative workspace and space utilization solutions by several Fortune 500 firms. The company also launched a significant release of its flagship workspace management product, Resource Scheduler, during the quarter and maintained steady growth of its subscription service.
“Given today’s uncertain economic climate, we take special pride in the early success we’ve achieved in 2010,” said John T. Anderson, president and CEO of PeopleCube. “Over the years our customers have increasingly relied on us to provide the services and solutions that help them control costs and maximize productivity. The consistent adoption of our workplace management technology, particularly alternative workspace and real estate management during Q1, is further testament to the solid ROI our solutions provide.”
Sustained Growth Through Enterprise Expansion and Customer Retention
During Q1, PeopleCube signed a number of new enterprise accounts, including several Fortune 500 firms. Some of these customers turned to PeopleCube’s solutions for help in managing their alternative workspace initiatives, while others are implementing PeopleCounter, the industry’s first occupancy detection technology, to measure and monitor actual versus planned space utilization.
Many of the new customers—several of which are subscription service sites—selected PeopleCube’s solutions to replace competing products. Notably, even as PeopleCube increased its market share at its competitors’ expense, the company continued to maintain a customer retention rate of more than 97 percent.
Pushing the Boundaries of Workplace Management through Technological Innovation
During the first quarter of 2010, PeopleCube delivered the most comprehensive release in the history of its flagship workplace management solution, Resource Scheduler. The release featured a number of enhancements, bringing to the market such offerings as Lotus Notes integration, a new mobile interface, tools for visitor and event management, and simplified booking and reservation capabilities using interactive floor plans.
PeopleCube also continued to showcase PeopleCounter, a real estate management solution that provides companies with the ability to track actual versus planned space utilization by automatically capturing the number of people entering and exiting a scheduled space. This ability gives valuable insight into how space is actually being used. It enables organizations to analyze vital real estate occupancy and utilization trends to better manage current and future real estate costs.
“It is our goal to be consistently at the forefront of integrated workplace management technology,” said Anderson. “Most of our product enhancements follow our unique ‘User-Centered Design’ approach, which relies on the direct customer feedback that we receive through our innovative Online Customer Care Center. By listening intently to the needs of our customers and prospects, we are able to deliver the type of solutions and services that address the growing demands of their ever-evolving, complex work environment.”
About PeopleCube
PeopleCube provides intelligent on-demand workplace management solutions that help customers cut real estate, meeting services, travel, and energy costs based on actual workspace usage. Through its corporate headquarters in Framingham, Massachusetts, and offices throughout the world, PeopleCube supports 7,500 customers in small, medium, and large enterprises. More information is available at www.peoplecube.com.
In a time where many organizations are cutting budgets SaaS or Software-as-a-Service is a nice way to put some money back into your organization’s budget and improve your ROI.
SaaS allows organizations to cut back on the dollars they spend to staff an IT department. With SaaS the solution is hosted elsewhere and supported by a third party, all while it is easily customizable by the end user.
In a recent survey, conducted jointly by Datamation and THINKstrategies, where 55 parties responded, 44 participants had already subscribed to SaaS and 8 others were weighing their options concerning the growing technology.
So if you’re looking for a hosted solution or SaaS for your organization what should you be thinking about?
In 2010 planned investment in energy efficiency is expected to rise after a down year last year.
After a decline last year, a survey of 1,400 North American executives and managers shows that more are planning to make investments in energy efficiency.
In the survey the most popular reason to make energy efficiency decisions was the cost of energy. With energy prices expected to rise this year, practicing better resource management could go a long way in saving your company money while making the organization more energy efficient.
Deciding to make your company more energy efficient could serve to be a money making decision. You will cut energy costs, benefit from government and utility incentives, and even improve your organizations public image.
SaaS, or Software-as-a-Service, can be a great tool in cutting real estate costs while improving the overall efficiency of an organization. Specifically it can assist an organization in areas like resource management and alternative workspace management.
Recently Jeffrey Kaplan of THINKstrategies listed his Top 10 Reasons to use SaaS. Here are his Top 10 Reasons:
Happy Earth Day to everyone! Today is a day to focus on what each and every one of us can do as organizations and individuals to preserve our natural resources. Here at PeopleCube we're proud not only of our sustainability efforts as outlined in our corporate environmental pledge but also of the way our workplace management solutions help companies reduce their carbon footprint each and every day.
Find out what's happening during today's Earth Day celebration and learn more about what you can do today - and tomorrow - to help preserve our planet by visiting http://www.earthday.org/.
Software-as-a-service, or SaaS, is now being recommended to companies seeking to improve the productivity of their employees.
SaaS can assist companies in realizing the full potential of their organization. This is particularly the case with resource management and alternative workspace management applications where quick and easy adoption of these systems by the users help companies maximize their efficiency.
IT Business Edge says, “Software-as-a-service delivers software in a web-based form available anywhere there is an internet connection and often on any device – increasing employee productivity with its anytime-anywhere access,”
With the software being available anywhere it makes it very easy for many businesses to use these solutions, and based on the ease of use many companies will turn to SaaS to save money while becoming more efficient at the same time.
There is an increasing need to control environmental emissions. The International Energy Agency predicts that by 2030 the demand for energy will increase by 50%, negatively effecting a climate change problem that already exists.
Heavy industrial organizations can cut operational costs while improving performance levels by putting an energy management program in place. Energy management programs have been known to bring back returns of over 15% of an organization’s annual energy costs.
The key is to develop an approach that will allow you to monitor and control energy consumption and carbon emissions of your resources and then use workplace business intelligence to make improvements. In fact, this can all be done within a comprehensive resource management solution.
On April 27 at 2:00PM ET, PeopleCube will be hosting a live webinar that will show how organizations around the world are using workplace business intelligence to cut unnecessary real estate costs.
Workplace business intelligence assists these companies in utilizing their shared real-estate and other corporate assets by measuring actual vs. planned space and asset utilization.
The webinar will give great insight into how these organizations are cutting their real estate costs, allowing you to do the same for your own organization.The webinar will run for approximately one hour.
If you aren’t able to participate in the webinar on April 27 at 2:00PM ET, you will have a second opportunity on May 25 at 2:00 PM ET.Register for this valuable webinar on Real-Estate Management
I am the president and CEO of PeopleCube, located in Waltham, Massachusetts.
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