condeco roi examples

CONDECO ROI EXAMPLES

CONDECO ROI EXAMPLES | PAGE 2

CONTENTS

Summary 3

ROI: Condeco Room Booking 5

ROI: Condeco Desk Booking 7

ROI: Workspace Occupancy Sensor 9

Abour Condeco 11


Each of Condeco’s solutions offer significant ROI. This document provides some high level examples of how this is achieved. However, there are many factors that could vary your Condeco ROI such as purchase numbers, changing global average statistics and external influences like increasing rental costs.

Please note: Prices may vary depending on your organisation and location, but for the purpose of this document we have used our standard regional prices.

Definition of the *Traditional workplace

Work and leisure life are kept separately and people tend to have rigid office working hours and resources. Traditional workplaces are fairly static environments with little flexible working and fixed desks.

SUMMARY


CONDECO PRODUCTS ROI


CONDECO PRODUCTS ROI

ROOM BOOKING ROI

Meeting rooms in a traditional workplace are around 44%* utilised. Condeco Room Booking Software and Room Screens help you easily measure and manage each of your rooms. Using Condeco’s detailed reports you can identify the rooms with low utilisation and repurpose or reduce the space. We aim to help companies achieve an average meeting room utilisation of 80% or more.

Room utilisation No. of rooms required

Annual cost of rooms

Potential real estate saving

44% (*traditional workplace) 250 £5,000,000 £0

65% 198 £3,950,000 £1,050,000

70% 185 £3,700,000 £1,300,000

75% 176 £3,450,000 £1,550,000

80% (*Condeco efficiency) 160 £3,200,000 £1,800,000

85% 148 £2,950,000 £2,050,000

90% 135 £2,700,000 £2,300,000


With Condeco Room Booking

You can reduce the amount of rooms to 160 whilst increasing your room utilisation to 80%.

Total Condeco investment

Based on:

• Software and hardware as a service cost per room per annum: £555

• No. of rooms required 160 x £555 = £88,800 (year one)

Year one spend £88,800

Potential saving £1,800,000

EXAMPLE

Number of employees 5,000

Number of rooms 250

Average cost of a meeting room £20,000**

250 rooms x £20,000 per room Total annual room cost of £5,000,000

80%

* Condeco Sense Study 2015 June – 2016 June, 73,000 spaces measured across 94 buildings and 430 floors

**Cost per meeting room in a large city TOCS Report 2014


DESK BOOKING ROI

A traditional workplace will have a 1:1 desk to employee ratio. Condeco Desk Booking helps you create and manage a more flexible environment that is better utilised. Our pioneering technology helps you introduce a more agile and efficient hot desk or shared desk scheme that has a desk to employee ratio of 10:7.

Desk : Employee ratio No. of desks required

Total occupancy cost

Potential real estate saving

10:10 (*traditional ratio) 5,000 £77,000,000 £0

10:9 4,167 £64,171,800 £12,828,200

10:8 3,571 £54,993,400 £22,006,600

10:7 (Condeco ratio) 3,125 £48,125,000 £28,875,000

10:6 2,778 £42,781,200 £34,218,800

10:5 2,778 £38,500,000 £38,500,000


With Condeco Desk Booking

You can reduce the amount of desks to 3,125 by implementing 10 desks for every 7 people sharing scheme


Based on:

• Enterprise desk and screen license as a service £173.40 per desk per annum

• Desks required 3,125* cost per desk £173.40 = £541,875 (year one)

Year one spend £541,875

Potential saving of at least £28,875,000

EXAMPLE

Number of employees 5,000

Total cost of desk (per year) £15,400*

5,000 desks x £15,400 desk costs Total annual desk cost of £77,000,000

40%

*https://occupiermetrics.com/offices-metrics#page=calculator&country=GB&city=5 UK, London, 80% prime CBD, Mid rise in 2016 July


WORKSPACE OCCUPANCY SENSORS ROI

Real estate accounts for the second highest outgoing cost for businesses, so it’s more important than ever to utilise the space you have. Most workplaces experience an average utilisation of just 40% resulting in significant amounts of wasted resources and space. Condeco’s occupancy study helps you measure your workspace accurately and use the data to right-size your real estate and develop spaces that your people need. According to our studies organisations have improved the overall workspace utilisation by 10% or more.

Overall workspace utilisation

Total real estate in sq. ft Potential real estate saving

40% (Average) 100,000 £0

10% gain 10,000 £1,430,000

15% gain 15,000 £2,145,000

20% gain 20,000 £2,860,000

25% gain 25,000 £3,575,000


With Condeco Occupancy Data

Knowing only 40% of space is occupied means you can reduce the amount of real estate by at least 10%


Based on 3-month rental for study:

• 1,000 sensors =£45,000

Total you spend £45,000

Potential saving of at least £1,430,000

EXAMPLE

Total real estate 100,000 sq. ft.

Rental cost per sq. ft. £143*

100,000 sq. ft. x £143 per sq. ft. Total annual real estate cost of £14,300,000

40%

*https://occupiermetrics.com/offices-metrics#page=calculator&country=GB&city=5 UK, London, 80% prime CBD, Mid rise in 2016 July


ABOUT CONDECO

We are Condeco, pioneers of workspace management technology for the world’s most competitive businesses. Our integrated meeting room booking, desk booking and workspace utilisation technologies help organisations transform their operations quickly, efficiently and at scale.

By taking time to understand each business and challenge individually, we help our clients shape a more sustainable and efficient future for their enterprise. And to benefit from connected products and services that help people work more productively in markets around the world.

Our mission

For businesses today, growth at scale depends on total management of the workplace environment.

Condeco provides the insight and technology you need to adapt quickly, and the products to transform workplaces and work-life capabilities, so you can engage effortlessly across global locations, and make the most of tomorrow.

A FORCEFORCHANGE

A FORCEFORCHANGE

A FORCE FOR

CHANGEA FORCE FOR

CHANGEA FORCE FOR

CHANGE

Our Global Reach I London I Frankfurt | Munich I Paris I Stockholm I Zürich I Dubai I New York I San Jose

I Singapore I Sydney I Hong Kong I Gurgaon

www.condecosoftware.com

The workplace is changing, it’s not just a building, it’s a new way of meeting and collaborating. Since 2005, Condeco has been revolutionising the way we interact with our business environment, combining progressive workspace management technology with future foresight. Through extensive research, industry insights, and workspace leadership we evolve the digital workspace with a Force for Change.

Are you ready to shape your workplace future?

www.condecosoftware.com/forceforchange

#ForceForChange

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