Facility Technology Simplifying Facilities...
Driven by changing tenant expectations and technological innovation, the real estate industry is experiencing a significant makeover. Real Estate Investment Trusts (REITs), which oversee enormous portfolios of varied properties ranging from commercial offices and retail spaces to residential complexes and industrial parks, lead front stage in this change. Operational efficiency, cost control, tenant happiness, and
In the era of digital transformation, affordable housing has to change from the traditional method of facility management. The labor-intensive and reactive process is costly and inefficient in this modern world. Beyond providing shelter, now the property must be well maintained, cost effective, sustainable, and conducive to a high-quality life for tenants. The emergence of
If you have spent any time in the field of maintenance, you have probably come across several approaches to tracking and planning maintenance projects. Although pen, paper, and spreadsheets have great use, companies utilizing traditional tools are forfeiting many of the advantages of CMMS systems. Although a CMMS offers many benefits, they are not limited
Facility managers have been forced to reconsider how they handle energy production, distribution, and consumption due to the changing environment and the escalating energy problem. AI has become a major force behind the energy sector’s change in spite of these obstacles. In a sector that must strike a balance between growing demand and environmental responsibility,
Companies frequently incur needless power and energy expenses as a result of inefficient billing and incorrect cost allocation to certain tenants. Additionally, unanticipated increases in HVAC control bills that directly affect any company’s bottom line. This calls for the installation of automated billing system, which enables property owners to automatically bill their tenants for energy