The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Monday, 6 July

How To Tackle The High Costs Of Wasted Workspace

27th October 2017

The spiralling cost of wasted time in meetings is a hot topic according to industry expert Luis De Souza of international software business NFS Technology Group.

He recently told delegates at the Future of the Workplace conference that the average cost of a meeting is $1,000, based on salaries alone.

“The problem is, an estimated 25% of that time is wasted on people being late, finding their meeting room still occupied or having to set the room up, De Souza said.

“In these challenging times, no business can afford to sustain that kind of waste and frustration.”

 De Souza described the smart workplace as a strategic development that can encourage productivity, encourage staff retention and promote sustainability “Technology is both a driver and an enabler – the digital workplace revolution is gathering pace,” he said.

“We’re seeing a big shift from fixed to flexible co-working spaces where workers can move around and collaborate more freely.

“This is particularly attractive to the millennial generation of workers, who bring their own abilities and requirements to an already-evolving workplace where several generations are working together.”



In this shifting space, De Souza said technology is key to creating an efficient workplace that encourages an attractive environment promoting productivity and the retention of talented staff.

“A connected workplace is an enormous asset to any organisation,” said De Souza. “It should include a scheduling platform where staff can locate and book the space they need to work well. It should be easy to use for any device - mobile is key today.

“Modern occupancy sensor technology can detect what space is being used, so staff can easily find the right space to match their activity. Apps can help people choose preferences such as a cool or quiet space.

“Combined with digital signage and in-room technology that ensures meetings can get started on time, it can save a huge amount of costly wasted time – and keep busy people happy.

The cost of workspace continues to rise enormously, and organisations who use their space wisely are at a tremendous competitive advantage.”

NFS Technology Group is a worldwide provider of the workspace technology Rendezvous

Article written by Brian Shillibeer – published 27th October 2017


Related Articles

What Are You Doing To Welcome The Most Agile Working Generation Yet?

In this guest post, Luis De Souza provides some interesting insights on accommodating Generation Z into the workplace. De Souza is the CEO of NFS Technology Group,...

 Read Full Article
Six Areas to Pilot UK's Fastest Broadband

Full fibre networks will offer connection speeds of 1,000 Megabytes per second in six areas of the UK once investment is in place. The first stage of a £200...

 Read Full Article
Advantage Goes to Receivers

FSI, the facilities management software provider, has launched a suite of single-purpose smartphone/tablet FM apps called Concept Advantage. Concept Advantage, which...

 Read Full Article
Shorter Weeks for More Output?

Telecoms billionaire Carlos Slim recenlty became the latest, perhaps unlikely, advocate of transforming our work-life balance, writes Anna Coote, Principal Fellow of the...

 Read Full Article
Square Mile To Get World-class Wireless Network

Residents, employees and visitors to the City of London will be able to use a new 'world-class' wireless network this year as proposals to expand free Wi-Fi and...

 Read Full Article
5urGent - UK Ranks 54th in 4G World. 5G is Urgent

Lord Adonis has said the government must take action now to secure a connected future so we are ready for 5G, and essential services are genuinely available where they...

 Read Full Article
A Structured Plan - Is Office Cabling Slowing You Down?

Most office workers have been there. You arrive in the office, turn on your PC, go to the kitchen to make a cup of tea and return to your desk to find the PC’s...

 Read Full Article
Google's Duo's Bubblegum Gobbledegook

According to the Google Blogger, 'video calling is the next best thing to being with someone in person but too often it can be a frustrating or complicated...

 Read Full Article
Milton Keynes Dons New Technology

Milton Keynes Council has opted for technology to power its Future Working Programme to achieve greater flexibility with its staff. This technology the local...

 Read Full Article
No Need for Death by a Thousand Cuts

Allowing for flexible working could save the British Economy £11.5 billon per year and technology could help boost greater productivity, states software specialist,...

 Read Full Article