Basking measurers the occupancy in the office space by combining different data sources.
In order to put occupancy data into perspective, Basking requires additional meta-information:
I. Must-have Meta-Information
a. Office Level
The following information is required for each office:
- Office Name
- Office Address
- Office Timezone
- Office Capacity:
The number of workstations in the office where employees and visitors can work for longer periods. - Area and Metric System:
The rented area in sqm or sqf. Areas can be entered as “rentable areas” and/or as “usable areas”. If only one option is provided, we will automatically estimate the other assuming that “rentable is 20% more than usable”.
b. Floor Level
Floors also have required information as specified below:
- Floor Name: All floors have initial names that are derived from the WiFi network configuration. Names can be changed anytime.
II. Additional Recommended Meta-Information
a. Office Level
The following information is not strictly required for Basking to operate, but it is recommended:
- Operating Times:
Start and end time of normal daily operation. The daily average occupancy will be calculated between those times. - Market:
For large portfolios, we offer the ability to split the portfolio view by markets. Examples of markets are EMEA, North America, Europe, Canada. - Adjusted Capacity as a percentage of Capacity:
Due to COVID-19 adjusted capacity. It represents the available share of Capacity to the employees. - Target Occupancy:
The desired office occupancy under normal conditions. Research has shown that occupancy should be between 80% and 90% for people to feel best at the office. If not specified, this value defaults to 85%. - Currency:
The currency this office operates with. It will default to the currency of the office’s location.
b. Floor Level
- Floor Plan: The floorplan can be added to Basking in order to provide a visual representation of the data, specifically by enabling the Areas.
- Floor Capacity: The number of workstations on the floor.
- Floor Adjusted Capacity as a percentage of the floor capacity: Due to COVID-19 adjusted capacity. It represents the available share of workstations.
- Floor Area
c. Area Level
- Area Geometry: The location and shape of the area on a floor.
- Area Size
- Area Capacity
- Area Type: The type of the area can be Kitchen, Lounge, Meeting Rooms, Reception, Work Desks or Mixed.
- Area Name
III. Optional Meta-Information
The following information is optional, as it unlocks additional benefits.
- Rent:
Basking calculates the Real Estate Opportunities based on the actual rent. - Lease End Date:
The lease end of an office marks an important opportunity, as it allows for changes otherwise difficult to make.
