Tag: predictive analytics

Cutting Costs Without Cutting Corners: Budget-Friendly Facilities Management

Running a facility is getting more expensive every year—utility bills climb, materials cost more, and service contracts keep getting pricier. The knee-jerk reaction might be to cut, cut, cut, but cutting corners actually isn’t the answer here. Instead, smart money-saving moves can make your facility run better while costing less. Whether it’s smarter energy use, […]

AI Is Key to Hitting ESG Targets for Commercial Real Estate

Editor’s note: FM Perspectives are industry op-eds. The views expressed are the authors’ and do not necessarily reflect those of Facilities Management Advisor. As climate risk grows, so does the urgency around sustainability. 2023 was a year of record-breaking climate events, from sustained warming above 1.5°C to billion-dollar climate loss events. It was also a year marked […]

Can Rugged Mobile Devices and Analytics Mitigate the Facility Worker Shortage?

Business leaders are itching to solve the labor shortage puzzle—and for good reason. In critical trades like plumbing, HVAC, construction, and manufacturing, there’s been a 70% decline in labor force participation since the end of 2019 due to the aging workforce. Today, the average facility worker is 51 years old. As older employees retire, there […]