Frank Byrt of Financial Week wrote an interesting article recently, titled Getting Rid of Empty Cubes, which highlights the issue of reducing real estate space to help keep costs down. In it, he notes several examples of organizations (Sprint, Hewlet-Packard) downsizing their corporate real estate space because, after thorough evaluation, much of the space they owned goes unused. One of the reasons given is the movement towards an ever-increasing mobile workforce and how that lessens the need to have a cubicle for every employee.
I was amazed at the claim in the article that an estimated 26% of corporate real estate is underutilized or simply vacant. It only goes to emphasize what we've been saying all along about the value of efficient resource scheduling. If real estate - shared workspace for office hoteling or simply conference rooms and a/v equipment - is managed properly using workspace management applications such as Resource Scheduler, corporations can not only reduce real estate and other operational costs, they can also realize the added benefit of reducing energy costs and their carbon footprint.
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