5 Technologies Revolutionising Facility Management
Technology in business is no longer optional—it’s essential. As companies grow more digitally advanced, innovation becomes the foundation of sustainability and efficiency. Digital transformation has reshaped nearly every industry, including the facility management (FM) sector. From smart buildings to predictive maintenance, new-age technologies are helping FM professionals increase operational efficiency, optimise space, and reduce costs.
1. Building Information Modelling (BIM)
BIM creates and manages digital models of physical buildings. It enables organisations to visualise specific components of a space, including structural elements like walls and windows and exact asset locations. BIM helps make data-driven decisions about space utilisation and redesign real estate portfolios according to the requirements.
2. Space Management Software
The evolving business requirements have emphasised maximising space utilisation and optimisation. As a result, businesses are investing in space management software to reduce costs and ensure employee safety. Techniques like hot-desking and desk booking have proven to provide better space utilisation while maintaining employee safety.
3. Asset Management Software
Managing assets is a highly crucial corporate function. Asset Management Software assists corporates in making constructive use of assets and reducing overall space, allowing the business to save maintenance costs and increase operational efficiency. It integrates all primary elements of the company to maximise efficiency and effectiveness.
4. Cloud-Based Data Solutions
Keeping track of assets, facilities, people, and internal and external resources is essential for corporations. Cloud-based Data Solutions allow corporations to manage facilities from any remote location. Cloud-based Data management tools help streamline and manage data collection and storage processes. It mitigates the risk of data loss and offers customised data access levels to authorised members.
5. Internet of Things (IOT)
IoT-based solutions are one of the most valuable and advanced facility management technology trends. It helps businesses to efficiently use resources and increase productivity as it is energy-friendly and provides accurate data about the facilities. It substantially reduces business expenses by minimising manual work. Sensor technology is a practical application of IoT. It can be used to gather information on essential aspects like lower energy costs, optimise workplace capacity and utilisation, respond to service requests more quickly, save space usage, and improve employee quality of life.
Innovative Ideas for Facility Management
Integrating technology innovation in Facility Management helps businesses improve operational efficiency and smoother decision-making, reduce cost, increase profitability, critically analyse facilities, and take effective decisions. It can also enable quicker communication and workflow processes for the effective running of operations and efficient service deliverables.