Business analytics to increase return on assets and improve operations
IBM® TRIRIGA® Workplace Performance Management Real Estate provides business analytics to increase the operational performance of real estate management processes and resources. It delivers a native performance analytics engine to identify underperforming real estate assets and management processes—and monitors real estate occupancy costs and utilization rates to support continuous performance improvements.
IBM TRIRIGA Workplace Performance Management Real Estate provides:
- Prebuilt real estate management dashboards to increase the effectiveness of system users—occasional, real estate managers, lease managers and executives.
- Automated real estate management metrics to evaluate real estate assets, processes and resources against planned performance targets.
- Real estate cost metrics to identify real estate costs improvements.
- Real estate utilization metrics to identify underutilized real estate assets to help optimize performance.
Prebuilt real estate management dashboards
- Offer IBM TRIRIGA Process Navigators that deliver real estate-specific content, reminders and analytics to increase productivity of executives, real estate managers, lease administrators, lease accountants and occasional users.
- Fit personal work styles with controls that adapt portal layout and content to the needs of the user or context in which they work.
- Feature My Bookmark links that provide one-click access to frequently-used real estate management information, processes and reports.
Automated real estate management metrics
- Use automated processes to capture operational data from IBM TRIRIGA real estate management applications on a user-defined schedule.
- Offer 25 prebuilt performance metrics to analyze real estate performance data—operational, financial, portfolio, and customer satisfaction—against planned targets.
- Measure service effectiveness of the real estate organization based on percent of vacancy rates, cost per area, percent of on-time delivery, real estate contract utilization and customer satisfaction rates to improve service costs, service delivery and real estate condition.
- Calculate portfolio flexibility by measuring portfolio ownership, availability and underutilized locations—and identify underutilized locations by detecting excess capacity, undercharged locations and low occupancy rates.
- Provide time trends and capture and chart real estate costs, utilization and site selection performance over time to validate progress against improvement goals.
Real estate cost metrics
- Compare actual real estate costs to budgeted costs to identify financial performance issues.
- Measure real estate occupancy and vacancy costs to target areas for cost reduction.
- Track line items for individual operating costs, such as rent, utilities and maintenance, to help detect specific cost issues.
- Use cost analysis tools to optimize return on real estate assets and make better real estate planning decisions.
- Measure on-time payment savings from audits to help improve payment processing and reduce real estate expenses.
Real estate utilization metrics
- Measure actual space and real estate contract utilization by organization, geography and time period.
- Use space utilization rates—by area and person—to compare real estate utilization and minimize vacancies.
- Evaluate density per work area, worker utilization rate and mobility space rate to help improve the capacity and flexibility of facilities.
IBM TRIRIGA Workplace Performance Management Real Estate resources
- Case study: A Global 100 company (694KB)
Read how a Global 100 company transformed its real estate operations into a highly efficient, high-return operation and saved nearly USD1 billion.
- Solution brief: Harness the power of true integration in real estate management solutions (747KB)
Learn how IBM TRIRIGA enables faster, more informed real estate decisions to reduce occupancy costs.
Buy IBM TRIRIGA Workplace Performance Management Real Estate
Business analytics to increase return on assets and improve operations
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