Swiss Re
Background
Swiss Re is a global leader in reinsurance and insurance-based risk transfer, dedicated to building a more resilient world. By combining deep expertise, data-driven insights, and financial strength, Swiss Re anticipates and manages risk.
With 75% of risks—such as climate change and cybercrime—still uninsured, Swiss Re aims to close the gap. Founded in 1863 and headquartered in Zurich, the company operates in 70 offices worldwide with 14,400 employees. Its business units develop tailored solutions and drive growth, providing clients with financial security, especially in times of uncertainty and transition.
Challenges
Whether you’re an employer or an employee—office design matters. For employees, it‘s a quality that makes you proud to come to work. It might have even factored into your decision to join the company in the first place. For employers, enabling your employees through thoughtful, high-functioning office design has a huge impact on the company’s bottom line. As one of the world‘s leading providers of reinsurance and insurance, Swiss Re is dedicated to making the world more resilient—and that begins at their headquarters. Swiss Re offers fresh perspectives, knowledge, and capital to help business of all types better anticipate and manage risk. To accomplish these goals, employees need a supportive office design, which is why Swiss Re launched the Smart Building and Service Solution Initiative. To realize the project Swiss Re needed a strong partner and therefore turned to NetCloud—Switzerland‘s leading experts in planning, implementing, and managing ICT solutions.
The Solution
Implementation & Partnership Approach
Once the scope of the project was defined, NetCloud acted as a general contractor and with Swiss Re’s underlying data of the Cisco infrastructure, NetCloud suggested building on top with Tango Occupancy. By allowing Cisco to team up with Tango, the existing IT infrastructure was leveraged to analyze workspace utilization across the entire real estate portfolio, individual buildings, floors, and departments. This approach reduces maintenance to a minimum while providing continuous and real-time data.
Portfolio-Wide Deployment & Capabilities
Tango Occupancy’s platform was rolled out throughout the entire real estate portfolio, allowing the Corporate Real Estate team to make fact-based decisions. The solution was deployed remotely, giving Swiss Re portfolio-wide visibility to optimize resources for maximum impact from both design and financial perspectives. The insights show which buildings are underutilized and why, with granular data down to specific floors in various offices.
Measurable Financial Impact
Based on insights, Swiss Re decided to decrease space in the Munich Office by 10% because it wasn’t being utilized and could be reduced without detriment to employees. The reduction included workplaces, shared offices, meeting rooms, and think tanks, saving €290,000 per year in the Munich office alone.
Strategic Value & Future Benefits
The financial benefits enable Swiss Re to see where time, money, and attention should be directed for maximum impact on long-term goals. The insights will help create higher functioning, more productive, and collaborative offices that enable employees to work smarter on a daily basis.
We know—it takes two to Tango
When you choose Tango, you get more than quality real estate tools. You get a team of experts in your corner. As pioneers in IWMS, SLM, GIS, and predictive analytics, we bring more than three centuries of cumulative experience to your organization’s goals and challenges.
Whatever your real estate strategy, we can help you refine, execute, and maximize it. Let’s find your real estate’s real value.