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Cognizant can help you monitor and transform data and help you build digital solutions around your indoor and outdoor spaces, public and private infrastructure and real estate portfolios.
That, in turn, gives you insights to create smart spaces that deliver numerous benefits, from operational efficiency to reduced costs, optimized resources to location intelligence, superior end-user experiences to sustainability that helps reduce damage to the planet.
Cognizant’s Spaces+ provides businesses with advisory-led digital transformation solutions across three offerings.
From office buildings to retail malls, commercial spaces to universities, airports to stadiums, we transform both private and public spaces using data from systems, assets, sensors and other sources. This information leads directly to insights for the improved management of energy, assets, operations and the workplace experience. Our goal is to help you make spaces smart, helping you operate more efficiently, make spaces function better and improve safety and security. Key benefits include:
Our Intelligent Workplace Management System (IWMS) can increase operational efficiencies, reduce costs and optimize resources—all by providing you with tools and insights to better manage your assets, facilities and real estate portfolios.
Cognizant’s accelerators speed IWMS implementation by integrating data from multiple disparate systems to eliminate the need to start from scratch with portfolio data. Our offering includes strategic consulting, technology implementation, support services and hosting/cloud services. We can also help with partners’ technology implementations, such as IBM TRIRIGA.
Location of Things (LoT)—also known as a geographic information system (GIS), location-based services (LBS) or GeoSpatial systems—helps you make informed decisions to improve operations and enhance customer satisfaction.
Cognizant helps businesses in a range of industries with:
Our capabilities include consulting, implementation, quality assurance, managed services and spatial business intelligence services.
As flexible work arrangements become the norm, a major U.S.-based global financial institution recognized that the need for employee workspaces is shrinking. It decided to shift from legacy brick-and-mortar corporate office spaces to a more efficient space allocation approach. The financial institution asked Cognizant's banking technology experts to envision a new way of allocating office space for its highly mobile professionals.
Our objective was to help the organization trim their $3 billion expenditure it incurs to manage facility costs, energy costs and overhead for three years across 530 locations. The institution adopted Cognizant’s 1Facility solution, an IoT platform for office space utilization.
Digital re-engineering would enable space allocation updates in real time and give our client new ways to keep track of employees’ space usage and work habits and to optimize energy resources based on occupancy and need.
We implemented the IoT platform, which allows our client to coordinate, track and keep a count of office space inventory across the organization. It also provides utilization data and employees’ work-commute preferences, for global real estate planning.
The platform helped the organization achieve $1.2 billion in cost savings. The 1Facility eases the task of hoteling professionals, increases network security and integrates facility operations management with building management systems. It also sends notifications to employees who are looking for or occupying space in real time. Desk locations and users’ devices are mapped to specific Ethernet patch panels, allowing corporate IT to track devices and monitor utilization. Occupancy sensors and workstation usage analysis provides intel on productivity, compliance monitoring and decision-making.
forecasting $3+ billion in savings over three years
in the number of buildings supported
increase in support role and space utilization rates
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Let’s talk about how digital can work for your business.