As explained by the Professional Retail Store Maintenance Association (PRSM), reports PRWeb, the retail facilities management trends for 2019 reflect the greater diversity retail Facilities Managers will face in the journey to build positive customer experiences. While traditional retail focused on creating better shopping experience, modern retail is evolving at a record pace, including the use of new customer-facing […]Read More..
CRE energy management is the use of new technology and systems to manage energy consumption costs and behaviors in CRE spaces. The uniqueness of CRE energy management lies in the variety of potential tenants and types of businesses that may lease CRE space. In other words, CRE providers may face a combined demand for energy […]Read More..
The use of artificial intelligence (AI) has great potential in energy management for CRE spaces. Unfortunately, using AI in your retail, business or office spaces can be somewhat frightening, and this is in addition to the technology investments and upgrades necessary to leverage it. CRE providers need to understand the challenges of using AI for […]Read More..
The use of CRE energy management can have a resounding impact on tenants, tenant-customers and overhead costs for CRE providers. However, adoption of CRE energy management can still be a hard-sell to stakeholders. Therefore, CRE Facility Managers need to understand the benefits of effective energy management and what it means to the company.Read More..
The customer experience in facilities can mean the difference between attracting more customers or alienating those you already have. Facilities Managers need to understand why customer experiences shape facilities management and how to use customer experience management to improve facility conditions.Read More..
The world is moving toward digital processes and energy-efficient behaviors, but the challenges of energy management in CRE spaces still exist. These challenges can lead to some CRE providers to forgo investment into new technology to enable effective energy management, and others may not prioritize maintenance needs, dramatically increasing the total cost of ownership of […]Read More..
Energy management data will define the success or failure of a CRE energy management program. Unfortunately, barriers will make the process much more difficult. To scale energy management data, Facility Managers must understand the common issues that make scaling data difficult, why convergence of the IoT and energy management systems are crucial and a few […]Read More..
Democratized data and IoT in CRE spaces will change how CRE providers and Facilities Managers operate. According to McKinsey&Company, the potential of data democratization will open new doors and opportunities to build better tenant experiences. For example, companies may democratize data by crowdsourcing ideas from employees and tenants alike. Facility Managers need to understand a […]Read More..
In today’s world, the conversation around facilities management has shifted away from the traditional use of reactive maintenance and toward proactive facility management. However, there will always be a degree of reactive maintenance to address, and on-demand facilities management is not necessarily the same thing as reactive maintenance. While both referred to addressing needs that arise unexpectedly, the difference […]Read More..
Following the right practices in creating and using a CRE energy management platform will add brand value, asserts McKinsey&Company. Unfortunately, the path to creating and using business intelligence in CRE facility management is not always clear. Facility Managers should follow these tips to streamline implementation and take full advantage of business intelligence tools.Read More..