STOCK TITAN

Ending the Quest for a Place to Meet: Logitech Launches New Smart Office Tools

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Logitech has launched new Sync smart office tools featuring Auto Book and Auto Release capabilities, along with Logitech View interactive office maps. The Auto Book feature automatically reserves rooms when employees start using them, while Auto Release frees up spaces when no one shows up for meetings. The solution addresses a significant workplace issue, as 40% of employees waste up to 30 minutes daily searching for meeting spaces.

The system works with Rally Bar or Rally Bar Mini and is compatible with various booking platforms including Appspace, Envoy, Microsoft, RICOH Spaces, Robin, and Zoom. The service is available through Logitech Essential or Select service plans, priced at $199 and $399 per room annually.

Logitech ha lanciato nuovi strumenti smart per uffici Sync, dotati delle funzionalità di prenotazione automatica e rilascio automatico, insieme a mappe interattive per uffici Logitech View. La funzione di prenotazione automatica riserva automaticamente le sale quando i dipendenti iniziano ad utilizzarle, mentre il rilascio automatico libera gli spazi quando nessuno si presenta agli incontri. Questa soluzione affronta un problema significativo nei luoghi di lavoro, poiché il 40% dei dipendenti spreca fino a 30 minuti al giorno alla ricerca di spazi per le riunioni.

Il sistema è compatibile con Rally Bar o Rally Bar Mini e funziona con diverse piattaforme di prenotazione, tra cui Appspace, Envoy, Microsoft, RICOH Spaces, Robin e Zoom. Il servizio è disponibile tramite i piani di servizio Logitech Essential o Select, con prezzi di $199 e $399 per stanza all'anno.

Logitech ha lanzado nuevas herramientas de oficina inteligente Sync, que cuentan con capacidades de Reserva Automática y Liberación Automática, junto con mapas interactivos de oficina Logitech View. La función de Reserva Automática reserva automáticamente las salas cuando los empleados comienzan a usarlas, mientras que la Liberación Automática libera espacios cuando nadie se presenta a las reuniones. La solución aborda un problema significativo en el lugar de trabajo, ya que el 40% de los empleados desperdician hasta 30 minutos al día buscando espacios para reuniones.

El sistema funciona con Rally Bar o Rally Bar Mini y es compatible con varias plataformas de reserva, incluidas Appspace, Envoy, Microsoft, RICOH Spaces, Robin y Zoom. El servicio está disponible a través de los planes de servicio Logitech Essential o Select, con un costo de $199 y $399 por sala anualmente.

로지텍이 자동 예약 및 자동 해제 기능을 갖춘 새로운 Sync 스마트 오피스 도구와 로지텍 뷰 인터랙티브 오피스 맵을 출시했습니다. 자동 예약 기능은 직원들이 회의실을 사용하기 시작할 때 자동으로 방을 예약하고, 자동 해제 기능은 회의에 참석하지 않는 경우 공간을 해제합니다. 이 솔루션은 직장에서의 중요한 문제를 해결합니다, 직원의 40%가 회의 공간을 찾는데 하루에 최대 30분을 낭비하고 있습니다.

이 시스템은 Rally Bar 또는 Rally Bar Mini와 함께 작동하며, Appspace, Envoy, Microsoft, RICOH Spaces, Robin, Zoom과 같은 다양한 예약 플랫폼과 호환됩니다. 이 서비스는 Logitech Essential 또는 Select 서비스 플랜을 통해 제공되며, 가격은 방당 연간 $199 및 $399입니다.

Logitech a lancé de nouveaux outils de bureau intelligents Sync, comprenant des fonctionnalités de réservation automatique et de libération automatique, ainsi que des cartes de bureau interactives Logitech View. La fonction de réservation automatique réserve automatiquement les salles lorsque les employés commencent à les utiliser, tandis que la libération automatique libère les espaces lorsque personne ne se présente aux réunions. Cette solution répond à un problème significatif sur le lieu de travail, car 40 % des employés gaspillent jusqu'à 30 minutes par jour à chercher des espaces de réunion.

Le système fonctionne avec Rally Bar ou Rally Bar Mini et est compatible avec plusieurs plateformes de réservation, notamment Appspace, Envoy, Microsoft, RICOH Spaces, Robin et Zoom. Le service est disponible via les plans de service Logitech Essential ou Select, à partir de 199 $ et 399 $ par salle et par an.

Logitech hat neue Sync-Smart-Office-Tools mit Funktionen zur automatischen Buchung und automatischen Freigabe sowie interaktiven Bürokarten von Logitech View auf den Markt gebracht. Die automatische Buchungsfunktion reserviert automatisch Räume, wenn Mitarbeiter beginnen, sie zu nutzen, während die automatische Freigabe Räume freigibt, wenn niemand zu den Besprechungen erscheint. Die Lösung adressiert ein erhebliches Problem am Arbeitsplatz, da 40 % der Mitarbeiter täglich bis zu 30 Minuten mit der Suche nach Besprechungsräumen verschwenden.

Das System funktioniert mit Rally Bar oder Rally Bar Mini und ist mit verschiedenen Buchungsplattformen wie Appspace, Envoy, Microsoft, RICOH Spaces, Robin und Zoom kompatibel. Der Dienst ist über die Servicepläne Logitech Essential oder Select erhältlich, die jährlich $199 bzw. $399 pro Raum kosten.

Positive
  • Addresses significant workplace inefficiency affecting 40% of employees
  • Integration with major booking platforms enhances market reach
  • Creates new recurring revenue stream through service plans ($199-$399 per room annually)
Negative
  • Requires purchase of specific hardware (Rally Bar or Rally Bar Mini) for implementation
  • Additional subscription costs may impact adoption rates

Insights

The launch of Logitech's smart office tools represents an incremental revenue opportunity through their service-based business model. The $199 and $399 per room annual pricing for Essential and Select service plans creates a recurring revenue stream, moving beyond traditional hardware sales. With 40% of employees wasting up to 30 minutes daily searching for meeting spaces, these solutions address a significant market pain point.

The AI-powered features and integration with major booking platforms position Logitech competitively in the growing smart office market. However, revenue impact will depend on enterprise adoption rates and the total addressable market of conference rooms. While this enhances Logitech's enterprise solutions portfolio, it's unlikely to significantly move the needle on overall company financials in the short term given Logitech's diverse revenue streams and $12B market cap.

Auto Book and Auto Release ease room reservation hassles; Logitech View interactive office makes wayfinding intuitive

LAUSANNE, Switzerland & SAN JOSE, Calif.--(BUSINESS WIRE)-- Logitech (SIX: LOGN) (NASDAQ: LOGI), today released a suite of Sync smart office tools to improve the workplace experience for employees and strengthen analytics for business IT teams. Auto Book and Auto Release features automatically reserve and cancel room bookings based on workplace behavior, and Logitech View interactive digital office maps make navigation through large office complexes intuitive.

Logitech Auto Book and Auto Release automatically reserve and cancel room bookings based on workplace behavior, and Logitech View interactive digital office maps make office navigation intuitive. (Photo: Business Wire)

Logitech Auto Book and Auto Release automatically reserve and cancel room bookings based on workplace behavior, and Logitech View interactive digital office maps make office navigation intuitive. (Photo: Business Wire)

A Steelcase Workplace Survey found that 40% of employees waste up to 30 minutes per day searching for meeting spaces,* a problem caused by people occupying meeting rooms without booking them, remaining in rooms beyond the time of their reservation, or failing to show up to (“ghosting”’) booked rooms.

“With hybrid work so pervasive, the office can feel like the Wild West,” said Henry Levak, VP of Product, Logitech for Business. “Logitech’s smart office tools are the not-so-secret weapon to bring predictability and detailed insights into these dynamic work environments.”

Auto Book and Auto Release solve these challenges: When employees start using a meeting room, Auto Book reserves it. Conversely, if a room is reserved but no one shows up, Auto Release frees the space for others to use. After multiple no-show meetings, the entire recurring series can also be automatically canceled, with the changes reflected in the calendar and on Tap Scheduler.

“Rally Bars use AI in-camera sensors to automatically detect and respond to natural workplace behaviors with no human intervention needed,” Levak added. “Employees can focus less on manual actions and more on collaboration, and IT admins get a realistic picture of which rooms are actually used, not just which rooms are booked.”

Unlock these features in rooms with Rally Bar or Rally Bar Mini, whether your organization uses Appspace, Envoy, Microsoft, RICOH Spaces, Robin, Zoom, or other booking platforms.

“Auto Book and Auto Release are prime examples of how Logitech shares our commitment to consumer-friendly, intuitive experiences that seamlessly integrate into daily life,” said Paul Alley, VP of Global Partnerships at Appspace. “Together, we’re removing obstacles that stand in the way of employee productivity, while also harnessing valuable data to address today’s business challenges.”

Availability status updates are reflected in near real time in Logitech View, a digital office mapping solution that keeps hybrid workers and visitors oriented with easier wayfinding in large office complexes via quick, color-coded visibility of meeting rooms, workstations, amenities, and exits. Maps can be displayed on large monitors or TV screens using Logitech RoomMate. Using the touchscreen, people can book rooms directly on the map or search for their colleagues’ desks.

The benefits run deep for IT teams responsible for ensuring that conference rooms are equipped with the right technology at the right times, and Facilities teams charged with optimizing office real estate.

“Underutilized and overutilized rooms are bad news for the bottom line,” said Prakash Arunkundrum, Chief Operating Officer and GM of Logitech for Business, ”Logitech Sync Insights gives you data analytics on space usage, occupancy, and the use of video conferencing equipment during meetings so you can make smarter decisions about tech investments and space planning.”

Pricing and availability

Logitech View, Auto Book and Auto Release are available with a Logitech Essential or Select service plan, priced at $199 and $399 per room annually, respectively. To start using Logitech View, update your RoomMate to CollabOS 1.14 (request early access here). Auto Book and Auto Release require a Rally Bar or Rally Bar Mini on CollabOS 1.13 or higher.

About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating, gaming and streaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and the Nasdaq Global Select Market (LOGI). Find Logitech and more of its business products and enterprise solutions at www.logitech.com/business, the company blog, Logitech Business or @LogitechBiz.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com

*The New Era of Hybrid Work: It’s Time to Give People What They Want, Steelcase Global Research Study, 2022

Media contact:

Leila Lewis

Global Communications Lead

Logitech for Business

llewis@logitech.com

Source: Logitech

FAQ

What are the main features of Logitech's new smart office tools (LOGI)?

Logitech's new smart office tools include Auto Book for automatic room reservation, Auto Release for canceling unused bookings, and Logitech View for interactive office mapping and wayfinding.

How much does Logitech's new office management system cost (LOGI)?

The system requires a Logitech Essential service plan at $199 per room annually or Select service plan at $399 per room annually.

Which booking platforms are compatible with Logitech's new Auto Book feature (LOGI)?

The Auto Book feature is compatible with Appspace, Envoy, Microsoft, RICOH Spaces, Robin, Zoom, and other booking platforms.

What hardware is required for Logitech's Auto Book and Auto Release features (LOGI)?

The features require either a Rally Bar or Rally Bar Mini running on CollabOS 1.13 or higher.

Logitech International SA

NASDAQ:LOGI

LOGI Rankings

LOGI Latest News

LOGI Stock Data

12.01B
151.58M
0.26%
57.48%
3.46%
Computer Hardware
Computer Peripheral Equipment, Nec
Link
United States of America
SAN JOSE