Integrated Workplace Management Systems (IWMS) were developed in the nineties to address the technical limitations of sharing data between multiple real estate and facility management teams. The benefit of IWMS was having a single system for managing the entire real estate portfolio lifecycle. Since these systems were designed for traditional office space, progressive companies are starting to doubt the ability of IWMS to support the transition to the modern workplace.
It is no secret that IWMS are cumbersome to use, which results in companies hiring high priced consultants for implementations. Paired with its lack of features and flexibility, IWMS frequently end up exceeding its original price due to required customization.
Download Whitepaper: “Can Traditional IWMS Meet the Requirements of the Modern Workplace?”
While the premise of IWMS was to make the real estate teams more efficient, the system relies on manual audits for gathering occupancy data. Manual audits add an additional layer of cost to an already pricey system in the form of dedicated time and resources needed to complete a manual audit, not to mention the added risk of inaccurate numbers.
To combat these issues, progressive companies are leveraging best-of-breed space management technology to augment their existing investment in traditional IWMS to support their modern workplaces. Space management technology is able to address the new requirements of modern workplaces such as neighborhoods, seating ratios, real-time utilization, and highlighting the differences between actual usage of space and allocation of space.
To learn more about the evolution of IWMS in the modern workplace, download our whitepaper “Can Traditional IWMS Meet the Requirements of the Modern Workplace?”