Streamlining Space Utilization for a Tech Company

With the rise of hybrid work models and evolving workplace needs, technology firms are rethinking office space utilization. A leading tech company faced inefficient space allocation, rising real estate costs, and underutilized office spaces. By implementing IBM TRIRIGA’s space management tools, the firm optimized office space allocation, reduced overhead costs by 25%, and improved employee satisfaction.

Solution: Implementing IBM TRIRIGA for Space Planning

The company leveraged IBM TRIRIGA to analyze office space usage, optimize resource allocation, and enhance employee experience. Key features utilized:

• AI-Driven Space Optimization: Smart tools to assess and optimize workspace layouts.

• Dynamic Workplace Reservations: Enabled employees to book workspaces based on availability.

• Real-Time Occupancy Tracking: Monitored usage trends to maximize efficiency.

• Cost Analysis & Reduction: Identified areas for cost savings in real estate expenses.

Results & Benefits

• 25% reduction in overhead costs by optimizing real estate usage.

• Improved employee satisfaction with better workspace planning and accessibility.

• Higher space utilization efficiency, reducing wasted office space.

• Enhanced data-driven decision-making through real-time occupancy insights.

Industry Statistics Supporting the Need for Smart Space Management

• Up to 40% of office space is underutilized in traditional workplaces, leading to wasted costs. (Source: CBRE)

• AI-driven space planning can cut real estate costs by 30% while enhancing employee experience. (Source: JLL)

Conclusion

By implementing IBM TRIRIGA’s space utilization tools, this tech firm successfully optimized office spaces, reduced costs, and created a more flexible and productive work environment. With the right space management strategy, businesses can enhance efficiency and employee experience while cutting unnecessary expenses.

Looking to optimize your office space? Contact CM Excellence today.