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CUSTOMER STORIES

How a Global Investment Bank Saved $2M on Cleaning and Cut Energy Costs by 30% 

  • icon representing a building for financial services.
    INDUSTRY:

    Financial Services

  • icon showing connected nodes representing automated operations.
    USE CASE:

    Automated Workplace Operations

  • icon showing a group of people representing employee scale.
    COMPANY SIZE:

    50,000+ Employees

  • icon with an upward trending line chart representing cost savings.
    KEY RESULT:

    $2M Annual Cleaning Savings


The Challenge

This global investment bank was spending $4M annually on cleaning operations at a single major office alone, using a fixed-fee model that cleaned every space on a rigid schedule regardless of whether anyone had used it. Simultaneously, the bank’s sustainability team was under pressure to reduce carbon emissions and reach net-zero targets. HVAC systems ran at full capacity on floors that were often nearly empty, and there was no mechanism to align energy consumption with actual occupancy patterns.

The facilities and sustainability teams were operating blind. Without real-time data on which spaces were actually used on any given day, they could not shift from fixed operations to demand-driven operations.

An office floor showing workspaces and modern building interiors.

A male cleaning professional in a blue uniform and cap using a floor scrubbing machine to clean glass panels and carpeted office flooring.

The Solution

The bank deployed VergeSense and integrated occupancy data with Switch Automation, their building operations platform. This integration created a live feed of space usage that could trigger automated operational workflows.

For cleaning, VergeSense data allowed the facilities team to move from a fixed cleaning schedule to usage-based cleaning: only spaces that had been occupied were cleaned, and cleaning intensity was adjusted based on how heavily a space was used. The data supported contract renegotiation with their cleaning vendor.

For energy management, occupancy data was connected to the building management system to drive HVAC scheduling. Floors with low or no occupancy saw reduced heating and cooling, while high-traffic areas maintained comfort levels. The result was a dynamic, responsive building that adapted to its occupants in real time.

The Results

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$2M

Annual Cleaning Savings

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30%

Energy Cost Reduction

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50%

Reduction in Cleaning Schedule

The cleaning contract was renegotiated to reflect actual usage patterns, delivering a 50% reduction in cleaning costs which amounted to $2M in annual savings at their NYC office alone. On the energy side, aligning HVAC operations with real occupancy data drove up to 30% daily energy savings. Occupancy-driven automation has the potential to help advance their progress against their net-zero strategy goals.

A high-angle shot of a modern office lounge with furniture and large windows.

What’s Next?

The bank is expanding occupancy-driven automation to additional building systems including lighting and access control, and is exploring predictive scheduling that forecasts next-week occupancy to pre-optimize building operations.

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