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Subject: SVY

New Data Report from VergeSense Finds Office Utilization Still Fluctuating, and Demand for Collaborative Space is Climbing


New State of the Workplace Data Report Underscores the Need for Flexible, Adaptive Workplaces

SAN FRANCISCO, May 24, 2022 /PRNewswire/ -- New research from VergeSense, the provider of the industry's first and only Spatial Intelligence Platformtm, finds that office utilization has increased by 87% in the past year as employees start to reacclimate to the physical office, reversing a previously downward trend. The company's State of the Workplace Data Report, released today, also reveals that the future of work is increasingly collaborative, flexible, and continuously evolving.

VergeSense analyzed space utilization across 550 buildings globally, which includes over 100,000 spaces and over 40 million square feet of real estate. When looking across this vast data set, the report revealed high fluctuation in office utilization, specifically since the start of 2022. These findings illustrate the challenging unpredictability employers and real estate professionals face as employees return to the office.

Click to Tweet: @VergeSense's New Data Report Shows 87% Increase in Use of Office Space: vergesense.com/resources/state-of-the-workplace-data-report-2022 #workplace #hybridwork

As the surge in COVID-19 cases in the last quarter of 2021 delayed some companies' return-to-the-office plans, the hybrid work model ? in which some employees work remotely at least some of the time ? continues to gain traction. New data indicates increased demand for collaborative spaces, suggesting that today's workplace must provide employees space and resources for interaction. Among other key findings of the report:

While office utilization numbers haven't returned to their pre-pandemic rates, these upward trends indicate that space use will continue to grow. As workplace leaders navigate uncharted waters in the coming months, the findings of the State of the Workplace Report 2022 provide information to help make data-driven decisions about managing facilities and optimizing spaces.

Fernanda Belo, head of workplace strategy and insights, VergeSense, explains: "The data from the State of the Workplace Report 2022 shows that employees' use of space is perpetually shifting and will continue to evolve. With office re-entry plans constantly changing, it's imperative to have tools in place to monitor and measure office use and attendance. Without this spatial intelligence, enterprises make decisions based on assumptions, resulting in unnecessary costs and a compromised employee experience."

Read more about the data or download the full report.

About VergeSense 
VergeSense is the provider of the industry's first and only Spatial Intelligence Platformtm,  trusted by enterprises across the globe.  Businesses use VergeSense to transform their static office into a dynamic workplace that matches today's employee needs and expectations. Its AI-driven platform includes an Optical Sensor Network that collects real-time data, dashboards, and insights that drive workplace strategy, and integrations with the leading workplace technologies. Today VergeSense analyzes over 40 million square feet and supports customers across 34 countries, including 29 of the Fortune 500. Companies leverage VergeSense to reduce or reinvest real estate, improve building operations, and create spaces where employees can thrive. The impact is reduced costs, higher productivity, improved culture and employee retention, and better sustainability. For more information, visit http://www.vergesense.com

SOURCE VergeSense


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News published on 24 may 2022 at 08:03 and distributed by: