By: Koen Matthijs, CEO MCS Solutions and Colette Temmink, IFM Director Cushman & Wakefield Americas Global Occupier Services

Office buildings exist to serve the needs of workers, and those needs are changing rapidly. To understand why workplace IoT is critical to business success, consider these megatrends affecting the way we work:

Volatility – Economic cycles are more difficult to predict than they used to be, and companies change direction faster and more often. Whether a company expands or consolidates, merges with another firm or retools its portfolio, the CRE director must be prepared to deliver space in the right locations and with the right mix of uses.

Instant gratification – Employees expect the workplace to cater to, and even anticipate, their needs. And why shouldn’t they? Today, companies expect employees to perform at their best during work hours; but the barriers to productivity are greater in the workplace than in many other aspects of their lives.

Mobility – People are deciding when, where, and how they will work. Facility managers can no longer figure out how many conference rooms they need by doing a headcount—the answer depends on the way that individuals choose to work.

Offering personalized services to optimize employee productivity

The future of smart buildings has arrived, and it’s all about the people who occupy them. Maximizing energy efficiency and reducing occupancy costs are good reasons to invest in IoT technology, but the real benefit is employee engagement, job satisfactions and productivity gains that stem from a customized employee experience.

Ultimately, workplaces are a business tool for organizational performance. Sensors, analytics and smart apps are helping to create an environment where people can perform at their best. And this in turn benefits an organization’s bottom-line.

The above is an excerpt from a larger report on IoT and smart building solutions. You can download the report here.