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IWMS Vendors Partner Up To Tap Latest Innovations In Space Management

Over the past six months, vendors offering space management solutions have enjoyed a flurry of strategic partnerships and acquisitions. Many of the notable partnerships have been led by Integrated Workplace Management Systems (IWMS) suppliers looking to deepen their capabilities in space planning and take advantage of emerging IoT-led technologies for occupancy tracking. Witness Accruent partnering with Serraview in February 2017, FSI’s partnership with Excitech in December 2016 and FM: Systems’ partnership with CoWorkr in October 2016. IBM is also in a long-standing partnership with IoT start-up Yanzi Networks, a provider of building sensors, to collect detailed data on space utilization and variables that impact well-being.

Give that space management has long been at the heart of IWMS propositions, what is driving all this activity? One factor is the availability of better occupancy data from emerging sensors and beacons enabling a new wave of IoT-led space management solutions to take off. In addition, increasingly mobile workforces and more flexible desk assignments are creating customer demand for new types of management tools. Partnerships are one way for IWMS vendors to quickly take advantage of emerging technologies across areas such as real-time wayfinding, real-time space analysis and improve visualization analytics. These were factors underlying the Accruent and Serraview partnership.

IWMS vendors should take note of recent partnerships and product launches taking place across space management. Suppliers not reviewing partnership options or investing in capabilities risk being left behind. For more insights into the latest innovations across IWMS solutions see our recent report: Smart Innovators: Integrated Workplace Management Systems