Monday, September 3, 2018

Organizations Getting Smarter with Tech-enabled Facility Management


Many organizations faces the challenge of providing an excellent, high-tech campus experience while addressing the increasing financial pressure. This is where the emergence of Smart Building Technologies and digitized Facility Management (FM) take place. These smart facility management technologies are coming to the forefront as institutions aim to cut costs and improve the high grounds of the institution. With the tech-enabled classrooms and workspace, organizations are evolving in delivering an experience beyond expectation, to the today’s students.

The advancement of technology is benefiting the universities and industrial organizations behind the scenes, too. Tech-enabled facility management organizations are seeking new ways of bringing efficiency to the real estate facilities and facilities related to other sectors. They are creating new opportunities to reduce waste, expedite work orders, extend equipment life or even gain the advantage in lease negotiations. Besides, the FM professionals are adding value to the organizations by using data, insight tools, and automated systems that are explicitly created for facilities.

Driving Waste out of Facility Maneuvers

One method to expose potential savings in the facilities of the organization is to scrutinize the operations related to the building equipment. When these building systems run smoothly, the organization can save and attain a cost-effective environment through better capital planning.

There is a severe need to upgrade energy-hogging equipment, such as HVAC systems, with computer-controlled equipment that produces millions of data points. The influence of the smart building data and analytics software enables the use of wireless sensors to gather building data for investigation at a central command center. This flood of data can be harvested from sensors, gives FM the capacity to detect and reduce the problems related to the performance.

Currently, smart building software uses algorithms to examine the received data. For example, in some instances, an advanced technological platform can make automatic adjustments in the fan settings to ideal levels, to save energy without compromising airflow. While the FM team will get an automated alert for a manual repair required. The tech-enabled facility management leads to a robust, viable business case for system updates, predictive analytics for repairs or replacement, thereby, lending a hand towards more precise capital planning.

Optimizing Smart Space Utilization

Today’s FM tools are used for revealing the everyday use of a particular building. The tech-enabled facility management operations provide with better optimization of the workplace and to gauge the need of additional space. The FM organizations use the performance data to enhance services and advise the clients on workplace and space strategy.

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