Verdantix smart building technology survey reveals hybrid work strategies will trigger new investments in space and work software
LONDON–(COMMERCIAL THREAD) – Independent research firm Verdantix has released its annual global survey of 285 senior corporate real estate and facilities management executives who can influence real estate and facilities management decisions. company in their respective companies. Survey respondents – real estate managers, facilities management directors, real estate vice presidents and senior facilities management directors – reveal that companies are planning new technology investments in the experience of employee work, asset management and cloud-based security solutions.
“Today, real estate and facilities managers run a rapidly evolving agenda, from ensuring buildings are well maintained to developing new workplace strategies for the hybrid working age,” commented Joy Trinquet, Verdantix Industry Analyst. “Our global smart building technology survey provides unique insight into the most important goals of 285 senior corporate real estate and facilities management executives over the next three years. ”
Main conclusions of the Verdantix ‘Global Corporate Survey 2021: Smart Building Technology Budgets, Priorities & Preferences’ report:
For the first time in three years, executives are making cost reduction their number one priority in property management (30% of respondents), followed by improving the health and well-being of staff (25%) , the decarbonisation of buildings (22%), the improvement of the resilience of buildings (22%) and attracting and retaining talent (9%).
High priority initiatives include increasing the amount of agile work (58% of respondents), maximizing the value of facility contractors (48%), increasing the use of mobile apps (47 %), improving cybersecurity risk management (47%), and revising business continuity plans (47%).
ESG requirements trigger new investments in green building reporting and certifications, with 47% of respondents making new investments in communicating building-related ESG data to investors and stakeholders.
Reflecting the growing adoption of hybrid work strategies, 27% of respondents said they are accelerating downsizing activities in their real estate portfolio, and an additional 28% said they are evaluating downsizing opportunities. as a result of COVID-19.
“The trend of hybrid work is radically changing the way businesses and employees use their buildings. »Trinquet Suite. “Our survey data shows that 2022 will see significant growth in investment in technology for employee experience, space chargebacks, and access control and security management. At the same time, pressures to cut costs will force 67% of companies to maintain stable budgets for key platforms such as CAFM and CMMS. ”