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The Occupancy Tracking Maturity Model

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© Tango. All rights reserved. www.tangoanalytics.com Physical space has always represented one of an organization's greatest expenses. But in recent years, new work models, norms, and technologies have enabled some employers to dramatically reduce their real estate costs and carbon footprints without impacting productivity, performance, or satisfaction. They're leaner and more agile than competitors that are still anchored to underutilized space—because their space and people are aligned. These opportunities only present themselves when companies understand how people use their space. Some of the greatest opportunities to reduce costs and increase efficiency are rooted in optimizing office space based on occupant usage. And in that regard, most organizations still have a long way to go. At the end of 2024, Tango conducted a study to learn how leading enterprises are using occupancy tracking in the workplace. We surveyed directors of real estate, HR, facilities management, and other roles that had significant control over investments in workplace technology at enterprises with at least $1 billion in annual revenue. Some of these companies had several layers of occupancy tracking technology—badge scanning systems, desk booking software, occupancy sensors, and BMS software—but most had at least two. When asked to estimate their organization's maturity in regard to occupancy tracking, not a single respondent felt their company was "very mature." The Occupancy Tracking Maturity Model Introduction Every office-based organization wants to maximize the value their physical space provides. Real estate is a huge investment, so employers want to use their workplaces in ways that best align with their business goals. But even the world's largest, most successful enterprises struggle to optimize their space. Many are still paying for a significant amount of underutilized space. And their space allocations and office configurations are inhibiting, rather than supporting, their hybrid work initiatives and return-to-office mandates. They were all just scratching the surface of what's possible with occupancy tracking. As a leading provider of IWMS software, including space management and occupancy analytics solutions, Tango has always taken a technology- agnostic approach to workplace optimization that meets organizations where they're at. But we also recognize how this lack of occupancy tracking maturity is holding enterprises back, and what they'd gain with better data collection, greater analytics capabilities, and more realized value. Using the findings from our Enterprise Occupancy Tracking Report and decades of experience building integrated workplace management systems, we developed a model for measuring and understanding an organization's occupancy tracking maturity. 1

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