Published by Gbaf News
Posted on April 21, 2015
3 min readLast updated: January 22, 2026
World class solutions from Condeco Software are helping the world’s leading businesses to cut costs and drive efficiency
The world’s leading CEOs in the Banking sector are now under greater pressure than ever before to drive growth as the economy picks up, with PwC finding that 39 per cent are very confident in their ability to grow – and 61 per cent seeing more opportunity for growth now than three years ago
Despite growing confidence however, the world’s leading companies still face major barriers to growth, especially in controlling the costs of their real estate – their second most costly asset. With energy prices continuing to rise and the cost of global office space set to increase by seven per cent this year companies that are failing to maximise the use of their valuable properties risk hampering their growth plans by wasting vast amounts of capital.
Alongside this, businesses in the Banking sector seeking to grow their operations are under immense pressure to find new and efficient ways of working as the modern workplace changes. Research from leading workplace consultancy group Quora found that 64 per cent of HR leaders identified operational efficiency as the biggest challenge for growth.
Paul Statham
Investing in innovative technology has become a high priority for CEOs in the Banking sector to overcome these challenges, with 88 per cent finding value in digital transformation as a way to drive efficiency.Condeco Software, a market leader in workspace measurement and utilisation, has created world-class solutions to help companies both transform how their workforce operates and maximise the use of their increasingly costly real estate.
Global names such as Barclays, GE and Chevron are among more than 500 companies already deploying Condeco’s room and desk booking solutions to create an efficient and stress-free flexible working environment where staff are free to use their workspace to meet and collaborate as needed, allowing them to be more productive and efficient. The suite of solutions, which combine user-friendly software portals with attractive digital signage, also enable business leaders to ensure their property is employed effectively and quickly identify where costly desk and meeting space us being underused.
Paul Statham, CEO of Condeco Software, comments: “It’s encouraging to see that growth is increasingly back on the agenda for business leaders in the Banking sector, but they will struggle to achieve this ambition if their most fundamental resources – their staff and their workspace are not working efficiently”
“We have found desks and meeting rooms often go unused for at least half of the working day in many organisations. With office space in London costing as much as £1,698 per square metre per year, this represents a huge expense going to waste.
“Today’s workforce is increasingly finding itself stifled by inflexible office structures, with some wasting inordinate amounts of time just to find a space where they can meet and collaborate with colleagues. By investing in the technology to transform how their workspace is used, companies can not only drastically improve productivity, but also regain lost capital to invest into powering global growth.”
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