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IoT Integration
As Facility Management companies are defining their digital transformation roadmap, it could be useful having a compare / contrast analysis done to understand the differences between the three main implementation strategies. If you are leading the software selection process the first thing to be look at is an assessment of all existing processes of your Facility Management business. This blog will help you for the further steps.
When start producing an ESG report to acknowledge the steps that have been enforced to promote environmental and societal improvements it is a common mistake to concentrate all the focus on the E (Environmental) and the S (Social), forgetting that the “G”(Governance), above all when talking about facilities, must be involved!
When talking about facility and operation management, there is no doubt that maintenance management will make the difference in terms of adding or at least preserving value to the managed property. Unfortunately, too often buildings which are well managed in terms of daily operations and security, see their market value drastically reduced because of poor maintenance!
Is there really a need for Digital Transformation in Property & Facility Management?
Office buildings totally deserted, empty roads and shopping malls have been part of our lives for the past 24 months. It was only two years ago that the world discovered a new and totally never experienced before, way of living, working, playing, and learning!
Facility management, in the past 24 months, has been undergoing a brutal stress-test due to the many different and keep on changing SOPs imposed by Health Ministries all around the world and, in the continuous improvement of the services provided, facility managers have found themselves dealing with an additional challenge, the Environment/Social/Governance, or ESG in its short form, raising impact on Commercial Real Estate (CRE).
Oracle defines IoT as the network of physical objects??things??that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet.
Economy is slowly reopening and with it, facility management needs to adapt to totally new needs! People are back commuting to work, schools, shopping malls and entertainment are coming back to life but, the pandemic, still far from being completely defeated, has forced humankind to dramatic changes of what we knew as ?normal? life.
