Global real estate company Lendlease announced the launch of Insights into stage real estate (PPI), a software tool for workplace managers and property owners who want to optimize the use of their buildings.
Lendlease Digitala business unit of Sydney, Australia-based Lendlease, claims its new tool will help buildings become autonomous using its digital platform, developed in partnership with Google Cloud†
Accenture and Lendlease have a strategic partnership to develop and scale PPI to the market. Together they test selected buildings worldwide.
It’s the latest arrival – and arguably one of the largest, given Lendlease’s reach – in a broader, ongoing trend of new technologies that can follow the use of commercial real estate.
Designed for enterprise-level commercial real estate, the software tool creates personalized insights and recommended actions to make workspace decisions related to improving space efficiency and employee satisfaction.
“We have a lot of domain knowledge about real estate and smart buildings, so we can use that knowledge to think about what data is in a building and ready to collect,” said William RuhaCEO of Lendlease Digital, which is also based in Sydney.
Ruh cited elevator and badge data as examples: “There are already quite a few different sensors in the building to give you an idea of occupancy. [And] a huge amount of data in Office 365, especially in diaries, to tell you a lot about what is happening in the building. We can also use the Wi-Fi systems and additional sensors to get even more reliable occupancy data.”
Plus, PPI does “some good old-fashioned surveys because it turns out people will tell you things, especially if they want to get things fixed,” Ruh added. He said the company was also experimenting with using video in the workplace, but not to identify people or look at productivity.
“That’s not our goal, but you do want to look at how people move on and rethink their needs,” he said, “because the way the space was designed three years ago has nothing to do with the way the space will go.” must be designed in the future given this hybrid environment.”
Lendlease Digital’s product uses algorithms that can “predict quite accurately over two weeks how many people will enter the office, on what days and at what times,” Ruh said. “When you think about providing food to your employees, how do you optimize it so that you don’t waste a lot and are sustainable? We can do things like this through that data integration.”
PPI claims to provide 20 different metrics to drive office improvements – including employee satisfaction, space utilization, health and safety, and sustainability – by creating real-time models for optimal use of buildings. The software can provide insights and tracking data to predict workplace trends by combining employee data with predictive information.
The platform centralizes and synthesizes real-time data and then creates user models to determine how best to customize the physical workspace. Flexible work experiences, conscious collaboration opportunities and empathetic management can increase employee performance by a whopping 54 percent, according to research cited by Lendlease Digital.
Basically, users and owners can see where employees gather, such as around food or in conference rooms, as well as how many days and hours employees spend in the building and in specific locations, Ruh said.
“There are people we could call ‘event attendees’,” he said. “Literally, when they come to the office they spend about two and a half hours, they only come one or two days a week, usually about a day and a half on average. And they come for an event, an all-hands or design meeting.”
Lendlease Digital can share such data in real time with property owners and managers, who can use it to create “a flexible environment” that can be reconfigured, say, “every six months,” Ruh said. the workplace for companies in the world.”
Philip Russo can be reached at: prusso@commercialobserver.com†
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