Avoided Expensive New Build:
sublet 20K of existing instead of adding
Consolidated & Upgraded:
net avoided cost of millions of dollars
Growth Without Growth:
hot desks create space for 5K more employees.
on average attend a meeting in person.
For the period of FY12-FY16 the financial outcome of real estate optimization is $294M in net proceeds from the sale of assets in San Jose and $343M in cumulative OPEX savings/cost avoidance.
Alan McGinty, Sr. Director, Cisco