As explained by Kevin Brown via Facility Executive, the typical costs of energy-efficient construction can be 6.5-percent higher than traditional construction. However, energy-efficient assets and systems are the new normal, and it may be impossible to use assets in commercial buildings that do not leverage energy-efficiency standards. Unfortunately, any improvement that does not actively save […]Read More..
Figuring out the best way to apply facility management data can be trying at best, and facilities managers are trying to accomplish this feat with renewed resolve. However, interest in the use of internet-enabled devices and analytics for data-driven decision making can have an unexpected impact on facility management processes; it can make it difficult to distinguish […]Read More..
As few as 12 percent of commercial buildings use predictive maintenance, notes Nicole Kraweke of ACHR News. The reason behind this trend is the high cost of predictive maintenance, with systems costing upward of $20,000 or more. Meanwhile, Facilities Managers are not data analysts, so they do not understand what the information really means. However, […]Read More..
The implementation of a proactive facilities management program gives Facilities Managers an opportunity to recoup costs and avoid unnecessary expenses. As explained by Buildings.com, proactive maintenance refers to the blending of technology and processes in your organization to avoid unnecessary costs and gain around-the-clock visibility across distributed assets. However, the prospect can be overwhelming, and […]Read More..
The creation and implementation of the data-driven, strategic energy management program is one of the most significant ways Facility Managers can improve profitability and reduce inefficiencies. With more Facilities Managers under greater pressure to do more with less, the use of the data-driven, strategic program is the natural solution. However, understanding how data-driven processes translate […]Read More..
Facility management budget cuts threaten to undermine the success of your organization. Reactive facility management, limited visibility to a distributed portfolio and lackluster maintenance adversely affect the total cost of ownership, profitability and customer experiences. Facilities Professionals are scrambling for an answer. That answer lies within the enormous amount of facility data.Read More..
Cloud-based facility management technology and systems are among the hottest topics in modern facility management. The cloud has the potential to bring disparate facility systems together and end uncertainty when making key decisions that affect the future and profitability of an enterprise. Cloud-based technologies can help your company save money in the following key ways.Read More..
Every business experiences long tail spend in facilities management, but it can be effectively managed. Management of long tail spend begins with understanding the top factors impacting it, including limited sourcing, as well as varying agreements between suppliers and service providers and physical location. To help your facility gain control over its expenses, you need to […]Read More..
The coming years will include remarkable innovations in energy management analytics trends. Analytics offers a solution for low-tech facilities and those with existing smart building platforms to understand more about energy use, as well as asset condition. The global energy management systems market will exceed $13 billion by 2026, reports Energy Manager Today, so Facilities […]Read More..
When conducting a building retrofit and connecting to a cloud energy management platform, it is easy to assume the system is self-sufficient. However, the real value of cloud energy management lies in actionable changes within your facility, and this includes differences among the energy use behaviors of building occupants. Of course, advanced systems can control […]Read More..