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Facility & Maintenance Management


6 FACILITIES MANAGEMENT TRENDS WE MUST FOLLOW IN 2023

January 27, 2023

Table of Contents
What Are the New Trends in Facilities Management – Key TakeawaysWhat Is the
Outlook for Facilities Management in 2023?Trend 1: ESG Reporting and
SustainabilityTrend 2: Harnessing IoT Technology, Connected Devices, and
Collecting Cloud-based DataTrend 3: Moving Towards Preventive and Predictive
MaintenanceTrend 4: Focus on Employee Health and WellnessTrend 5: Focus on
Energy Savings as a Cost-Reduction MeasureTrend 6: Mobile-first Building
OperationsTrends in Facilities Management in 2023 – Summary
This is also a heading
This is a heading


‍

Facility management is a critical aspect of ensuring that buildings are safe,
comfortable, and efficient places to work and live. With technology advancing at
a rapid pace, the industry is constantly evolving, and 2023 will bring a number
of new trends to the forefront. 

In this blog, we'll explore six of the most significant facility management
trends and challenges in 2023, and how Singu FM software responds to these
trends. It's time to get ready for the future of facility management!

‍


WHAT ARE THE NEW TRENDS IN FACILITIES MANAGEMENT – KEY TAKEAWAYS

Top facilities management trends include:

• ESG reporting software for real estate will be an indispensable tool for
creating comprehensive reports on sustainable practices and performance, in
order to demonstrate a commitment to ESG goals.

• The FM industry will leverage IoT technology, connected devices, and
cloud-based data will continue to be leveraged by facility management to monitor
and improve building operations, including remote meter readings, ESG reporting,
and advanced data analysis.

• Facility managers will adopt preventive and predictive maintenance strategies
to improve building performance and reduce unexpected repair costs.

• Tenant experience apps and IoT data-driven insights will be used to monitor
and streamline tenant well-being and enhance their health and safety.

• A real-time energy efficiency monitoring system, reducing over-maintenance,
and asset tracking will become one of the main cost-reduction strategies.

• Mobile-first building operations will become the standard, with a centralized
app, a paperless approach, and easier communication with tenants.

‍



‍


WHAT IS THE OUTLOOK FOR FACILITIES MANAGEMENT IN 2023?


TREND 1: ESG REPORTING AND SUSTAINABILITY

Environmental, social, and governance reporting is becoming increasingly
important for real estate owners and managers. As the world becomes more
conscious of its impact on the environment and society, more and more investors
are looking for ways to measure the performance of the companies they invest
in. 

The first facilities management trend that we need to highlight is ESG reporting
software dedicated to real estate. It will be an indispensable tool for creating
comprehensive reports on sustainable practices and performance, in order to
demonstrate a commitment to ESG goals. This will allow building owners and
managers to understand the impact their buildings have on the environment, and
identify areas where they can improve their sustainability.

The software will streamline organizations to calculate, track and report on
their carbon footprint, energy consumption and other sustainability metrics,
helping them to identify areas for improvement and meet regulatory requirements.



‍


TREND 2: HARNESSING IOT TECHNOLOGY, CONNECTED DEVICES, AND COLLECTING
CLOUD-BASED DATA

The FM industry will continue to leverage the power of the Internet of Things
(IoT), connected devices, and cloud-based data to monitor and improve building
operations. This will include remote meter readings, ESG reporting, and data
analysis with the help of widgets. 

IoT devices will be more often installed in real estate to monitor, for example,
temperature, humidity, air quality, or energy consumption. The number of IoT
devices connected to the internet is expected to reach 27 billion by 2025
according to IoT Analytics' report.

We have already explained what are the main benefits and use cases of IoT
sensors in real estate. Just to remind, this data is collected in real-time and
analyzed to identify patterns and trends that can be used to improve building
operations and increase employees satisfaction.

This technology will allow facility managers to quickly identify and address
issues, improving the overall performance and efficiency of the building. And
saving facility managers from having to climb up and down ladders to get a
bird's-eye view of the building's operations!
‍

DON'T FALL BEHIND ON FACILITIES MANAGEMENT TRENDS - UPGRADE TO SINGU FM

 * Cut loss time by 4,000 hours a year
 * Increase efficiency by 85%
 * Save +102K USD annually
 * Cut MTTR by 50%

Book a Free Demo

‍


TREND 3: MOVING TOWARDS PREVENTIVE AND PREDICTIVE MAINTENANCE

Facilities managers will increasingly adopt preventive and predictive
maintenance strategies, thanks to equipment monitoring tools and data analytics.
These tools will help track asset performance and predict potential equipment
failures, enabling managers to proactively address issues before they occur.

By identifying potential problems before they occur, FM teams can schedule
maintenance and repairs during times when the building is not in use, minimizing
disruption to tenants. This will help to improve the overall performance of the
building and reduce costs associated with unexpected repairs.

Additionally, these strategies will ensure that the building is in optimal
condition with respect to security and safety aspects. Let’s face it, nobody
likes surprises - especially when they cost money.



‍


TREND 4: FOCUS ON EMPLOYEE HEALTH AND WELLNESS

IoT-driven insights will enable property and facility managers to monitor and
improve the wellbeing of office tenants by providing a holistic workplace
experience. As companies move back to the office, tenant experience solutions
such as Singu Tenant App will be more commonly used to manage parking and
conference bookings, share events, and improve tenant satisfaction and their
productivity.

For example, building managers can use the data collected from such apps to
monitor in real-time the performance of different services and amenities in the
office space, such as the cafeteria, gym, parking lot, and conference rooms.

While the trend of remote work may continue, it is crucial to ensure that
tenants feel comfortable and safe in their office spaces. By utilizing
IoT-driven insights and tenant experience solutions, property and facility
managers can monitor and improve the overall wellbeing of their tenants. This
will help to create a positive and productive environment for all, even in the
face of a hybrid working model.



‍


TREND 5: FOCUS ON ENERGY SAVINGS AS A COST-REDUCTION MEASURE

In 2023 facilities managers and FM teams will focus more than ever before on
energy savings as a cost-reduction strategy. It can be achieved thanks to modern
technology and real-time energy efficiency monitoring systems, asset tracking,
and reducing over-maintenance.

The average energy consumption of a commercial building in the United States is
22.5 kilowatt-hours per square foot. By monitoring energy consumption supported
by FM software, facility managers can identify areas where they can make changes
to decrease energy usage. This may include upgrading lighting systems, improving
HVAC systems, and making other changes to improve the energy efficiency of the
building. By reducing energy consumption, facility managers can save money on
energy costs, and reduce the overall environmental impact of the building.

‍



‍

‍


TREND 6: MOBILE-FIRST BUILDING OPERATIONS

Key trends in facility management in 2023 will include a shift towards
mobile-first building operations, which will become more common. This approach
will become more common, with centralized control and a paperless approach being
adopted by FM managers for increased efficiency. It is also one of the
facilities management best practices. With the increased use of mobile devices,
facility managers will be able to access and manage all aspects of building
operations from their mobile devices. This will include monitoring energy
consumption, scheduling maintenance, and tracking asset performance.

A paperless approach will also be adopted, with digital documentation replacing
traditional paper-based systems. This will improve efficiency and reduce the
risk of errors. By centralizing control, facility managers will have a complete
overview of all maintenance and building operations, making it easier to
identify areas that need improvement and take action quickly.

Additionally, the use of software for building operations and facilities
management will also enable managers to communicate with occupiers, providing
them with real-time information and updates.



‍


TRENDS IN FACILITIES MANAGEMENT IN 2023 – SUMMARY

To sum up, 2023 will bring a number of new trends in facility management. From
ESG reporting and sustainability to harnessing IoT technology and connected
devices, facility managers will have access to a variety of new tools and
technologies that will help them better monitor and improve building
operations. 

If you wish to learn more about how to stay ahead of the curve in facility
management, check out Singu FM, a modern and easy-to-use facilities management
software that responds to these facility management trends and challenges. With
Singu, you can easily track and manage your building's performance and vast
operations, from energy efficiency to tenant satisfaction, all from one
centralized platform. 

Try it out today with a free demo.

‍



‍

‍

Written by:
Kacper Troć
Team Lead at Velis Real Estate Tech

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