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
The concept of IWMS is simple: these systems aim to provide a centralized platform that integrates various aspects of workplace management, including real estate, facilities management, maintenance, and more. By bringing together all of these functions into a single system, IWMS promise to make it easier for businesses to manage their resources, optimize use of space, track assets, and improve overall productivity.
One of the key benefits of IWMS is the ability to automate and streamline many routine tasks that would otherwise require significant time and effort to complete manually. For example, these systems can automatically generate work orders, schedule maintenance tasks, track equipment usage, and manage space allocations. This can save businesses a significant amount of time and money, as employees can focus on more important tasks instead of getting bogged down in administrative work.
Another advantage of IWMS is the ability to improve communication and collaboration among different departments within a company. By providing a centralized platform for sharing information and data, these systems can help break down silos and encourage cross-departmental cooperation. This can lead to better decision-making, increased efficiency, and a more cohesive work environment.
In addition, IWMS can also provide valuable insights and analytics that can help businesses make better strategic decisions. By collecting and analyzing data on things like space utilization, energy consumption, and asset performance, these systems can help businesses identify areas for improvement and optimize their operations for maximum efficiency.
However, it’s important to recognize that IWMS are not a one-size-fits-all solution. Implementing these systems can be complex and time-consuming, and they may not be suitable for every organization. In some cases, businesses may not have the resources or expertise to effectively deploy and manage an IWMS, leading to frustration and wasted investment.
Furthermore, IWMS are not a panacea for all of a company’s workplace management challenges. While these systems offer many benefits, they are only as effective as the data that is entered into them. If information is incomplete, inaccurate, or out-of-date, IWMS may not be able to provide the insights and efficiencies that they promise.
Overall, IWMS can be a valuable tool for businesses looking to improve their workplace management practices. By centralizing and automating many routine tasks, these systems can help businesses save time and money, improve communication and collaboration, and make better strategic decisions. However, it’s important for organizations to carefully evaluate their needs and capabilities before investing in an IWMS, and to ensure that they have the resources and expertise to effectively deploy and manage the system.
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