Integrated Workplace Management Systems (IWMS) Statistics 2023: Facts about Integrated Workplace Management Systems (IWMS) outlines the context of what’s happening in the tech world.
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Top Integrated Workplace Management Systems (IWMS) Statistics 2023
☰ Use “CTRL+F” to quickly find statistics. There are total 17 Integrated Workplace Management Systems (Iwms) Statistics on this page 🙂Integrated Workplace Management Systems (Iwms) “Latest” Statistics
- According to Archibus, 51% of assigned seats are unused at any given moment while most organizations prioritize space in cost-savings initiatives.[1]
- By 2022, 75% of enterprises, according to IDC, will employ mobile solutions to enhance unstructured data gathering at the place of operation, better support distant hybrid workers, and increase resource efficiency.[2]
- Companies that encourage a choose-your-own-work-style culture will enjoy higher employee retention rates of over 10% by the end of 2020.[3]
- Facilities office spaces, conference rooms, and workspaces seem to be extensively used, but actual use reveals that they are often only between 50% and 60% occupied, according to Planon.[4]
- In a study on IWMS savings, Gartner found that smart and efficient administration may save 10-15% on space costs. Process improvements and improved contracting have reduced expenses by 5-8%, while professional lease administration has reduced leasing expenditures by 5-8%.[4]
- Real estate and facility management expenses account for more than 20% of all expenses incurred by a corporation.[5]
- The global integrated workplace management system market size was valued $2.34 billion in 2019, and is projected to reach $5.78 billion by 2027, growing at a CAGR of 12.9% from 2020 to 2027.[5]
- The manufacturing segment dominated the market in 2020 and accounted for a share of over 20%.[6]
- North America dominated the Integrated Workplace Management System (IWMS) market and accounted for the largest revenue share of 32.7% in 2019.[6]
- In 2020, the facilities and space management market segment led with more than 29% of the market.[6]
- From 2021 to 2027, the worldwide (IWMS) market is anticipated to expand at a compound yearly growth rate of 12.8%, reaching $7.85 billion.[6]
- The size of the worldwide (IWMS) market was predicted to be $3.42 billion in 2020 and $3.82 billion in 2021.[6]
- The on-premise segment dominated the market in 2020 and accounted for a share of over 50%.[6]
- Businesses may save expenditures by 10% to 15%, according to Gartner, with good space management.[7]
- According to the most recent Verdantix study, the quality of the user interface was the primary consideration for 80% of executives looking at IWMS software.[7]
- In the modern workforce, 82% of millennials consider flexibility to be one of the most important criteria when assessing organizations.[7]
- According to a recent Oxford University survey, more than 80% of mainstream investors take environmental, social, and governance facts into account when making investment choices.[7]
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How Useful is Integrated Workplace Management Systems Iwms
At its core, an IWMS is a comprehensive software platform that combines various functions related to real estate management, facilities management, and workplace services into one integrated system. This allows companies to centralize all of their data and processes, providing a more holistic and efficient approach to managing their physical assets.
One of the key benefits of using an IWMS is the ability to gain better visibility and control over all aspects of an organization’s real estate and facilities. By having a single source of truth for all information related to space utilization, maintenance, and lease agreements, companies can make more informed decisions to optimize their space allocation, reduce maintenance costs, and ensure compliance with regulations.
Additionally, IWMS can help companies enhance collaboration and communication across different departments, leading to more effective use of resources and improved employee satisfaction. By breaking down silos and enabling cross-functional teams to work together seamlessly, organizations can foster a more cohesive and productive work environment.
Moreover, IWMS can also play a crucial role in supporting sustainability initiatives within an organization. By providing real-time data on energy consumption, waste management, and other environmental metrics, companies can identify areas for improvement and implement strategies to reduce their carbon footprint.
Another advantage of using an IWMS is the automation and streamlining of routine tasks, such as scheduling maintenance checks, processing service requests, and managing inventory levels. This not only frees up valuable time and resources for employees to focus on more strategic priorities but also minimizes the risk of human error and ensures compliance with established procedures.
Furthermore, IWMS can help companies future-proof their operations by adapting to changing business needs and technological advances. With the ability to integrate with other systems and devices, such as Internet of Things (IoT) sensors and smart building technology, IWMS can provide valuable insights and analytics to drive continuous improvement and innovation.
In conclusion, Integrated Workplace Management Systems have proven to be a valuable tool for companies looking to optimize their real estate and facilities management practices. By centralizing data, enabling collaboration, supporting sustainability efforts, automating tasks, and embracing innovation, IWMS can deliver tangible benefits that contribute to a more efficient, productive, and competitive workplace. As businesses continue to navigate the complexities of the modern economy, IWMS will undoubtedly remain a crucial asset in helping them achieve success in the long run.
Reference
- archibus – https://archibus.com/
- idc – https://blogs.idc.com/2021/01/11/integrated-workplace-management-systems-iwms-for-the-post-pandemic-reality/
- envoy – https://envoy.com/blog/what-is-an-integrated-workplace-management-system-iwms/
- planonsoftware – https://planonsoftware.com/uk/glossary/iwms/
- planonsoftware – https://planonsoftware.com/us/glossary/iwms/
- grandviewresearch – https://www.grandviewresearch.com/industry-analysis/integrated-workplace-management-system-market
- iofficecorp – https://www.iofficecorp.com/glossary/iwms-software