IoT-driven workplace scenarios – the proof is in the ROI

Productivity is a hot topic in the corporate world; and almost everyone agrees that high-performing workplaces are an important driver of productivity. But there is now also overwhelming evidence (Leesman et al) that many... [ view full abstract ]

Productivity is a hot topic in the corporate world; and almost everyone agrees that high-performing workplaces are an important driver of productivity. But there is now also overwhelming evidence (Leesman et al) that many workplaces are not (or no longer) fit for purpose. Not surprisingly, the issue has moved up the management agenda and organizations are focusing more attention on workplace transformation. As a result, the employee experience in the workplace – an important asset in the war for talent – is increasingly being turned into a KPI. In recent years, IoT-related technologies have become a driver and an enabler of workplace transformation and we’re seeing a growing number of IoT projects being rolled out. As a pioneer in this area, we are well placed to share lessons learned and provide data on the business value of such projects. In this session, we will share quantified results and return on investment of different types of sensor-driven projects. This data is based on projects implemented at scale across various organizations. We will show how purpose-driven IoT sensor projects can have a relatively short payback period (typically ranging from 4 to 9 months). We will also take a deeper dive into combined use cases; for example, a leading financial institution using occupancy trends to reduce square footage and service costs, whilst at the same time improving the workplace experience by visualizing real-time occupancy data through apps and kiosks. This session will challenge the audience to think business value. Through an interactive approach, attendees will be able to adjust or fine-tune their ideas about the benefits of sensor projects and the expected ROI in the context of the workplace, based on actual deployments across different organizations. Participants will also gain actionable insights into how organizations can leverage the same sensor data for multiple scenarios, and how that impacts return on investment