IHS Markit predicts the number of connected IoT devices worldwide will hit 125 billion by 2030. As a result, data transmissions from these devices will also increase by 50% annually. The Internet of Things (IoT) is not only transforming how we live, but how we work. Environmental sensors and connected devices are delivering the means to track, measure, and analyze everything from manufacturing and distribution, to workspace realization and human capital management.
As the war for talent rages on, the most successful organizations will use workplace IoT data to make informed decisions that optimize people, property, and processes. Here are three ways to use workplace IoT data to design more cost-effective and productive work environments.
Reduce energy costs and watch productivity climb
Workplace IoT sensors capture objective, real-time data throughout office buildings including temperature, light, and air quality. Organizations analyze that data using integrated space utilization measurement systems to make informed, cost-effective decisions about workspace design. For example, the business can increase building efficiency by allocating energy resources based on actual, real-time demand, or design a new office space to take advantage of more natural light.
Forward-thinking organizations are also using data collected by workplace IoT sensors to determine how it affects employee engagement. Gallup recently determined that disengaged workers reduce economic performance at U.S. businesses by as much as $300 billion.
Are employees happier when the office temperature is 68F or 72F? Do workers make more mistakes when the office temperature falls below 68F? Businesses using sensors to capture room temperature readings and employee activity can analyze that data to understand the relationship between energy costs, thermal comfort, and performance and make adjustments accordingly.
Understand utilization to drive collaboration
Workplace IoT also provides organizations with data about when and how office spaces—including conference rooms and workstations—are utilized. Findings can be used to reduce business expenses and drive cost-saving decisions including:
- Sale or disposal of fixed assets such as furniture and computers.
- Consolidation of underutilized space.
- Adoption of co-working strategies to rent out and share extra space.
Additionally, workplace data provides real insights into where employees spend their time and with whom they spend it. To track collaborative patterns, IoT sensors are affixed to badges that employees wear around the office. These insights help organizations understand how team members work best and what they need to improve productivity. Workplace IoT drives informed decision-making about the need for collaborative spaces or the adoption of more flexible work strategies like activity-based working.
Identify strategies that attract and retain talent
As organizations seek new strategies to meet the needs of the modern workforce, it’s important to design a workspace that reflects how your employees actually work—and give them what they need to be most productive. Whether it’s the use of desks, conference rooms, or huddle spaces, the most successful businesses use workplace IoT to drive decisions about the type of collaborative spaces and agile work strategies needed to attract and retain talent.
Optimize your workforce investment
Workplace IoT collects and measures the data organizations need to design more cost-effective and productive work environments. These smart devices also deliver insight into utilization and embolden intelligent decisions that enable employees to do their best, most productive work. Asure Software’s workplace sensors provide objective data and real-time insights to help businesses design smarter office spaces that reflect how their people actually work.