FINTECH COMPANY CASE STUDY
FORTUNE 500 FINTECH COMPANY CUTS TIMELINES AND SAVES MILLIONS
Company profile:
- Financial services and technology company
- Headcount: 30,000 employees
- Portfolio size: 4.2 million square feet
This Fortune 500 fintech company is best known for the ability to reimagine the digital economy so everyone--from individuals to businesses--can achieve their financial goals.
"One thing is for sure, the platform [Saltmine] is giving us money back.”
— VP, Global Real Estate Services
Outcomes
Prompt money savings
In their first year using Saltmine, this customer saved $3.64 million by enhancing operational efficiencies, accelerating project delivery, and streamlining stakeholder engagement.
saved in test fitting timeline and cost reduction
This company cut test fitting timelines by 60%, representing a time savings of 2,000 hours annually.
saved in change order reduction
Their more accurate application of workplace standards and enhanced stakeholder engagement have reduced change orders by 5%
saved with better 3D deliverables and visualizations
This customer has eliminated their dependence on 3rd party design consultants by leveraging Saltmine’s HD rendering and walkthrough capabilities.
saved in reducing overall design timelines
The pre-design and schematic design phases have been accelerated from 8 weeks to 4 weeks, resulting in 50% faster project phase delivery timelines.
Long-term money savings
With Saltmine being the keystone solution in the prop tech stack, this customer forecasts $1.4 billion in global CRE cost savings over the next 10 years.
How they did it
The challenge
Like many large enterprise companies, this company’s workplace tech stack was fragmented and lacked a “single source of truth” for architectural plans and design drawings. Some were saved to their various tools and softwares but more often lived with 3rd party consultants, who charged a high price for services like change orders and reporting
Why Saltmine?
This company ultimately chose Saltmine because of the platform’s ability to centralize architectural plans and create digital twins of every office space in their portfolio.
The easy-to-use Saltmine platform also helped this company consistently apply their workplace standards while quickly testing new post-pandemic office concepts and accelerating their test fitting process.
How they use Saltmine
The Saltmine platform allows this company to leverage a digital twin of their real estate portfolio-helping anyone involved with capital projects access to a centralized source of truth. The life-like 3D platform allows diverse groups of experts to easily understand design standards and architectural plans.
By preloading their new workplace design standards into Saltmine, there is a standardized way of test fitting floorplans for all workplace teams--accelerating the test fitting process significantly. This also allows the company to conduct feasibility studies and determine their ideal future real estate profile. Saltmine gives them the ability to plan and visualize targeted interventions in existing underutilized spaces.
Why Saltmine?
This company ultimately chose Saltmine because of the platform’s ability to centralize architectural plans and create digital twins of every office space in their portfolio.
The easy-to-use Saltmine platform also helped this company consistently apply their workplace standards while quickly testing new post-pandemic office concepts and accelerating their test fitting process.
How they use Saltmine
The Saltmine platform allows this company to leverage a digital twin of their real estate portfolio-helping anyone involved with capital projects access to a centralized source of truth. The life-like 3D platform allows diverse groups of experts to easily understand design standards and architectural plans.
By preloading their new workplace design standards into Saltmine, there is a standardized way of test fitting floorplans for all workplace teams--accelerating the test fitting process significantly. This also allows the company to conduct feasibility studies and determine their ideal future real estate profile. Saltmine gives them the ability to plan and visualize targeted interventions in existing underutilized spaces.
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