News

Truffle Capital brings you its latest news – in this section you will find news articles, press releases and videos from Truffle as well as updates about our portfolio companies.

You may also read the latest issues of Truffle Capital’s newsletter below.

February 2011

Truffle Capital

PEOPLECUBE

Workplace BI Provides Greater Real Estate Performance Analysis through Improved Visualizations and Simplified Interactive Data Dashboards
FRAMINGHAM, Massachusetts, February 28, 2011—PeopleCube, provider of intelligent workplace management technology, today announced Workplace BI 2.0, an innovative real estate business intelligence tool used to capture workspace-utilization data from multiple points and present the information through interactive visualizations. These visualizations, driven by technology from PeopleCube partner Tableau Software, enable organizations to measure, monitor, and analyze real-estate utilization trends so they can identify organizational inefficiencies and make adjustments to improve real-estate performance and reduce costs. A free informational webinar about Workplace BI 2.0 has been scheduled for Wednesday, March 9, at 12:00pm ET; registrations are currently being accepted at http://www.peoplecube.com/wbi20webinar.
“Workplace BI is the first real estate business intelligence solution to offer innovative visualization technology,” said John T. Anderson, PeopleCube president and CEO. “By partnering with the global leader in rapid-fire business intelligence software, Tableau Software, we can provide our customers with the critical interactive business management tools they need to make educated, cost-saving real estate decisions.”
Christian Chabot, CEO and cofounder of Tableau Software, said, “By employing our interactive visualizations as a core component of its real estate analysis solution, PeopleCube is helping its customers discover opportunities for massive savings. Unlike most BI solutions, data visualizations communicate ideas, patterns, or trends not clearly visible by looking at complex, multidimensional tables alone. This visual approach can help organizations to rapidly pinpoint their real-estate inefficiencies and optimize future real estate operations.”
Data Interaction to Answer Unthought-Of Questions
Workplace BI 2.0 allows users to thoroughly analyze their real-estate utilization data using interactive visualization dashboards to understand exactly how their real estate and assets are being used. Users can interact with these visualizations to explore real estate utilization trends on a global scale all the way down to an individual cubicle or office to get a greater perspective on precisely when, how, and by whom space is being used. In this way, companies can gain a better grasp on the exact usage of their real estate and organizational assets.
“Having such a deep understanding of how rooms and resources are being used allows companies to go beyond the basic knowledge of utilization and can begin asking—and answering—real-estate questions such as ‘Why is one space being used much more than others?’; ‘Why is one room rarely booked?’; or ‘Why is our spatial utilization so low?,’” said Anderson. “By answering these heretofore unthought-of questions, organizations can make changes and improvements that will significantly enhance their workplace.”
Capturing Real Estate Utilization Information from Multiple Points
Workplace BI 2.0 allows organizations to capture space-utilization data from a number of devices to provide a comprehensive analysis of how real estate is being used organization-wide. Capturing room and resource reservation data from PeopleCube’s scheduling software, occupancy detection data from PeopleCube’s PeopleCounter, security information from badge readers and/or network transaction data enables Workplace BI to present via interactive visualizations the inefficiencies taking place within an organization.
For example, capturing and analyzing security-badge data helps companies identify high-traffic areas and know who is using them. This can help organizations identify why some areas are more popular than others and what real estate can potentially be repurposed, consolidated, or retracted all together.
“One of the greatest benefits of Workplace BI is its flexibility to capture data beyond our Resource Scheduler and PeopleCounter solutions,” said Anderson. “This flexibility allows organizations—from small businesses to global enterprises—to collect space-utilization data from multiple points and cross-analyze it to get a thorough understanding of where inefficiencies exist.”
Simplifying the Creation and Sharing of New Real Estate Business Intelligence Visualizations
Workplace BI 2.0 enables users without deep technical skills to access and create visualizations of their data easier than ever before—all without requiring IT assistance.
“The program is extremely easy to use and understand. With just a few clicks, real-time utilization data can be accessed, viewed, and manipulated in a way never before available that organizations can leverage to make informative real estate decisions,” said Anderson.
Data is shown in a simple dashboard format that allows users to create the visualizations they desire quickly and easily. In the same window they are able to modify charts and graphs and compare them to other visualizations to analyze their real estate and resource utilization. What’s more, users can share and publish these web-based visualizations just as easily as they create them, so this vital information can be distributed throughout the entire organization.
“What separates Workplace BI 2.0 with Tableau from other real estate business intelligence tools is that we’re not delivering static reports,” said Anderson. “The value comes from producing intuitive, interactive visualizations that allow organizations to pinpoint their real estate inefficiencies from the highest organization level all the way down to an individual workspace and then make adjustments to eliminate unnecessary costs.”
Integrating Industry-Leading Services with Cutting-Edge Technology
Workplace BI is more than a workspace management tool; rather, it is a service designed to help identify and eliminate inefficiencies in organizations ranging from small companies to global enterprises. Each Workplace BI engagement includes professional services to not only assist with the installation of the real estate business intelligence software, but also to help analyze and improve visualizations for customers’ unique data, and create new visualizations needed by each individual organization.
“PeopleCube takes great pride in its industry-leading customer retention rate of 96 percent and ‘best-in-class’ service delivery,” said Anderson. “By incorporating our professional services with Workplace BI, we are staying consistent with our philosophy to forge partnerships with our customers—to learn and understand what their greatest workplace management challenges are and to provide a path to consistent ROI and long-term success by delivering solutions that address these issues.”
Workplace BI 2.0 is currently available. More information is available from www.peoplecube.com or by calling +1 800 282 7319. To gain a better understanding of how Workplace BI can help improve the effective management of real estate, Jeff Roof of PeopleCube and Francois Ajenstat of Tableau Software will be hosting a free webinar “Visualizing Success: Cutting Costs and Maximizing Real-Estate Utilization with Workplace BI” on March 9 at 12:00pm ET. To register, visit www.peoplecube.com/wbi20webinar