How to use data to optimize the use of our commercial space and identify areas for improvement?

Asked 2 years ago

Hi all, we're interested in using data and analytics to optimize the use of our commercial space and identify areas for improvement. I'm curious if anyone has experience with this and could offer some guidance on where to start. What data points should we be tracking, and what tools have you found helpful in analyzing and making sense of this data? Thanks!

Data and analytics Commercial space Areas for improvement Data tracking

Lindsey Montgomery

Friday, April 28, 2023

Using data and analytics can help optimize commercial space usage and identify areas for improvement. To get started, you need to identify metrics to track such as space utilization, occupancy rates, and energy consumption. Usually, the best way to go about collecting and analyzing data is by using sensors and software platforms, as well as using visualization tools to make sense of the data. Popular data analysis tools include Power BI and IBM TRIRIGA. It's important to have a data management and security plan in place. Based on the insights gained from data analysis, you can make informed decisions on how to optimize commercial space and reallocate space by implementing new technologies. 