Worldwide BIM market to reach US$11.54 billion by 2022, claims report

Worldwide BIM market to reach US$11.54 billion by 2022, claims report 0

BIMAccording to a new market report published by Transparency Market Research Building Information Modelling (BIM) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2022, the global BIM market was worth US$2.76 bn in 2014 and is expected to reach US$11.54 bn by 2022, expanding at a CAGR of 19.1 percent from 2015 to 2022. North America was the largest market for BIM in 2014. Growth in this region is expected to be driven by increases in construction activities and the penetration of cloud-based services for BIM software. BIM is a tool used to visualize the design of buildings in 3D. BIM also helps in attaining estimates of various other factors, such as cost implementation, time requirement, labour requirement, raw material provision, and other key prerequisites in the construction industry. Management of the entire construction lifecycle can be simulated by BIM.

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Seven essential workplace design trends to keep an eye on during 2016

Seven essential workplace design trends to keep an eye on during 2016 0

Workplace design trendsWhat has become increasingly apparent over recent years is that the office isn’t just a place to work, but also a driver of competitive advantage. We’ve always known this to a greater or lesser extent, but the dynamic and ever shifting nature of the modern world is presenting organisations with new and evolving challenges that they must address with all of the tools at their disposal. At the heart of this complexity is the physical workspace. Its design touches on every aspect of the changing workplace and the objectives organisations set for themselves and their employees. Although it has lots its primacy as the main place of work, you could also argue that the focus on the office’s key strengths makes it more important than ever within the context of overall working cultures. So, with that in mind, here are ten of the most important current trends in workplace design and management we foresee for 2016.

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Agile working is increasingly popular way to reduce London office costs

Agile working is increasingly popular way to reduce London office costs 0

London M25Rent, rates and service charges for office space in established Greater London office locations such as Croydon, Brentford and Uxbridge are typically over 50 percent lower than the cost of equivalent space in Central London locations such as Victoria, Marylebone, St Paul’s, Liverpool Street and Canary Wharf, Carter Jonas’ latest research claims. Increases in rents and business rates costs over the last five years, and the erosion of the stock of office buildings in some areas of Central London, as a consequence of redevelopment to higher value residential uses is reducing tenant choice and these factors are leading some occupiers to adopt new strategies to reduce their property footprint. Agile working and hot-desking are becoming popular ways to reduce the amount of space required to accommodate an organisation’s business operations the Tenant Advisory and Research Teams at Carter Jonas have found.

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Best Places to Work + Make the most of each day + Strategic role of offices

Best Places to Work + Make the most of each day + Strategic role of offices 0

Insight_twitter_logo_2In this week’s newsletter; Mark Eltringham on the prescience of philosopher Seneca on a time and a place to work; and a report by Sara Bean finds the boardroom increasingly views office space as a strategic asset. Glassdoor announces the best places to work for 2016; researchers reveal the phenomenon of ‘inattentional deafness’; a new Global Alliance for Buildings and Construction is announced; and Gartner says we’ll be using three technical devices by 2018. Over 100 councils to join an office-sharing scheme; Gen Z will blur the boundaries between home and work, and too much focus on standing in the sit-stand debate. Download the new issue of Work&Place and access an Insight Briefing, produced in partnership with Connection, which looks at agile working in the public sector. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Boardroom now more likely to view offices as strategic asset, claims report

Boardroom now more likely to view offices as strategic asset, claims report 0

Office designA new research paper claims to reveal changes in the way that UK companies now perceive and evaluate their commercial property portfolios – both as a physical workplace and as a strategic asset that can help them to meet corporate goals. The report, entitled Redefining Commercial Property Performance – The alignment of property and workplace with corporate objectives was written by Insight’s own Sara Bean and was commissioned by managed office solutions provider Portal. As part of the research, interviews were conducted with property professionals, workplace consultants and occupiers including RICS, Leesman UK, TD Wealth International, TSK Group, Cushman & Wakefield and Sheffield Hallam University. The findings of the paper claim to reveal the growing importance of measuring the performance and return from commercial office space and the necessity to more closely align property with corporate goals.

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Offices and smart cities will drive uptake of the Internet of Things, claims report

Offices and smart cities will drive uptake of the Internet of Things, claims report 0

Internet of Things in BusinessA new report from analysts Gartner claims that the roll out of the Internet of Things will be driven by innovation in commercial property and smart cities. The study, Internet of Things — Endpoints and Associated Services, Worldwide, 2015 claims that 1.6 billion connected things will be used by smart cities in 2016, an increase of 39 percent from 2015 (see Table 1). The authors of the report claim that smart commercial buildings, particularly those subject to Building Information Modelling technology will pioneer applications until 2017, after which consumers will become the dominant force as devices migrate to a new generation of smart homes. Commercial real estate benefits greatly from IoT implementation. IoT creates a unified view of facilities management as well as advanced service operations through the collection of data and insights from a multitude of sensors.

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Linear equations are no longer enough to determine the size of offices

In 2013, the US Census Bureau announced that the official human population of the Earth had exceeded 7 billion for the first time. This provoked people to raise concerns that were couched in Malthusian pessimism. Although people might have assumed we’d left behind this kind of flawed thinking, there is obviously something appealing about the idea that exponential population growth is unsustainable when resources increase only in arithmetical terms. We’ve got a problem but what we should have learned in the two centuries since Thomas Malthus first popularised the idea is that there are complex factors that can influence the resources we need to survive, not least in terms of greater efficiency in the way we produce them. A similar debate is also apparent in the way in which the commercial property market is able to offer the right sort of buildings for modern organisations.

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Two thirds of UK staff will work or check emails over Christmas

Two thirds of UK staff will work or check emails over Christmas 0

Christmas workingA common complaint over the Christmas period is that the vast majority of the population is off from Christmas Eve to after New Year’s Day. In fact a new survey shows that almost two thirds (66 percent) of people in the UK will be working during the festive period, almost 1 in 3 (31 percent) will be working on Christmas Day and 63 percent will check their emails over the period. Although 40 percent of those polled in the survey, which was carried out by retailer Cotton traders, do not have a choice about working over Christmas; of those that do, 46 percent are doing so to earn extra income to fund their Christmas and in the spirit of the season, 39 percent swapped shifts to allow colleagues with a young family to have the day off. Meanwhile, with a clear indication that the Christmas season has begun, advice has been issued by the TUC to staff and employers on how to avoid an embarrassing Christmas party.

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Ambitious commitments made by Green Building Councils at COP21

Ambitious commitments made by Green Building Councils at COP21 0

8 sustainable megatrendsA total of 25 Green Building Councils from around the world have unveiled commitments reduce greenhouse gas emissions and ensure that the building and construction industry plays its part in limiting global warming to 2 degrees. More than 1.25 billion square metres of buildings – almost double the size of Singapore – will be registered, renovated or certified as green building space over the next five years, under ambitious commitments made by Green Building Councils at COP21 in Paris. Green building is one of the most cost-effective solutions to climate change, which generates significant environmental, economic and societal benefits. A new alliance of 16 countries and over 60 organisations, known as the Global Alliance for Buildings and Construction (which includes WorldGBC, its 74 Green Building Councils and their 27,000 member companies) is now committed to help countries meet their Intended Nationally Determined Contributions (INDCs) through green building.

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Groundbreaking office sharing scheme rolled out to over 100 UK councils

Groundbreaking office sharing scheme rolled out to over 100 UK councils 0

Manchester_town_hallOne of the most intriguing and yet least talked about developments in the UK’s workplace design and management scene over the past couple of years has been the roll out of the One Public Sector Estate scheme, which encourages local authorities to share and divest parts of their vast, messy and under-utilised estate. The Cabinet Office, the central government department behind the scheme, claims that the current programme involving 32 local authorities will yield around £129 million in property sales and savings of £77 million in running costs over a period of five years. Now, more than 100 councils are set to join the scheme including several that are set to acquire greater autonomy through the Government’s plans for devolution. The new regions set to sign up to the programme include Greater Manchester, the City of Liverpool, West Midlands and Sheffield as part of 24 new ‘partnerships’.

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New Acas guidance aims to prevent disability discrimination at work

New Acas guidance aims to prevent disability discrimination at work 0

Disabled accessA new guide to help employers and managers identify, tackle and prevent disability discrimination in the workplace has been published by Acas. The new free guide ‘Disability discrimination: key points for the workplace’ helps employers get to grips with what disability means, how it can happen and how to prevent and manage complaints in the workplace. Iver the past year, the Acas helpline dealt with around 12,000 calls on disability related discrimination. Over four out of ten disabled people seeking work found that misconceptions around their capability to work were the biggest barrier to getting hired. According to Acas’ Head of Equality, Steve Williams: “Disability is a complex area of employment law that can encompass many conditions or situations that employers may not be aware of. HIV, cancer, depression, phobias, diabetes or an impairment caused by obesity are all conditions that could be considered as a disability.”

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Dog-friendly offices more appealing to Millennials than play rooms

Dog-friendly offices more appealing to Millennials than play rooms 0

Dog in officeOnly a third of US workers believe that promotion offers the potential to advance their career with more than a third of all workers and 44 percent of Millennials preferring to jump ship if the right opportunity arises. Addison Group’s second annual generational workplace survey found that regardless of generation, healthcare benefits was most important benefit (70 percent), followed by a high salary (59 percent). However, Millennials would choose one company over another that paid a higher salary if free meals, beverages and snacks (40 percent) and tuition reimbursement (36 percent) were provided. Millennials also rank a dog-friendly office (14 percent) higher than a napping room, concierge services and a play room with ping pong, billiards and video games. They also value the social aspect of the workplace highly, with nearly twice as many (15 percent) marking work-sponsored happy hours as important compared to Baby Boomers (8 percent).

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