Your favorite sports stadium may just be reopening to capacity this summer and fall after a long...
What is space utilization?
In its simplest terms, space utilization is building occupancy divided by capacity. Let’s say you know 150 people use the cafeteria each Monday 8 am-12 pm and your capacity for the space is 300. Well, this one is simple: cafeteria space utilization Monday mornings is 50%.
But that’s just the first layer. There are numerous ways in which space utilization can be influenced. How a space is used, and for how many purposes, and how often its full capacity is needed, are all factors to consider. Facilities managers considering priorities for 2021 likely also want to look at things like crowd density and restricting occupancy to help meet safer social distancing standards.
What is space occupancy?
Space occupancy is defined as the number of people in the office (or any space) at any given time. This is a simple one but perhaps the most important, especially at a time when the number of people can be limited due to restrictions around distance. For space occupancy, real-time metrics are invaluable, and AI can help surface instant views rather than relying on manual counts of each room or meeting space.
What is underutilization?
To measure underutilization, you’d have to know your capacity and occupancy over time and set a goal for acceptable utilization at your company. The biggest problem with underutilized space is obvious: you’re paying for it. When considering new leases, knowing your underutilized space metrics is crucial. When looking at space management software, look for options to see historical and predictive analytics to determine how and when you can avoid underutilization.
This is on everyone’s mind much more than it used to be. When space planners talk about density, they mean the number of people per square foot. But welcoming back students and employees to safe campuses means understanding density in real-time. That means real-time occupancy counts but also setting acceptable occupancy standards with new distancing expectations so that people are comfortable in large crowds. Many corporate property management advisors will tell clients to determine a density goal by predicting the number of people utilizing a workspace, and then multiplying it by the average square footage required by each employee (i.e., between 125-250 square feet).
Peak usage allows facility managers to track which sector of the workplace – or any shared space – receives the most traffic. This metric can show which spaces hold the most value at any given point in time. Armored Things do this by collecting real-time data from wi-fi and cameras to provide a historical overlay to show how a space is used over time.
Desk to employee ratio
In the new flexible, workspace, everyone is talking about hot-desking– a system that limits the number of desks in the office space. This means multiple employees will use the same physical workstations at different points in the day in order to limit contact and maximize space. To determine if you need a hot-desking option, space managers should have a clear understanding of their space utilization and density figures.
For more on reopening safely on reopening offices and workspaces against the backdrop of the COVID-19 crisis, read the Armored Things blog found here.
Armored Things uses AI and machine learning to manage crowds, foot traffic, and wait times throughout professional sports venues, higher education institutions, and corporate campuses. To learn more about Armored Things, check out our Solution Overview Video or connect with our Sales Team at Sales@ArmoredThings.com.
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