Facility management companies can add value and increase profit margins by using IoT solutions to reduce costs, increase added value services, expand their service scope with new data and improve the experience of their tenants.
The increasing concern with energy waste, pollution and utility costs, combined with the higher expectations from tenants creates an enormous pressure on Facility Management companies to optimize their services. Unfortunately, traditional Building Management Systems (BMS) are not equipped to offer the data and real-time response required from managers to make informed decisions concerning comfort, efficiency and staff productivity.
The use of smart energy meters in buildings
The installation of these types of devices eliminates or reduces site visits by technicians that take time and money. Valuable data can be easily collected remotely and use to regulate and optimize energy consumption.
Predictive maintenance solutions
Users of Computerized Maintenance Management Systems (CMMS) or other FM applications can access real-time information about the condition of each machine to decide when repairs are needed, unlocking optimization opportunities, reducing the Capex (Capital Expenditure) budget and consequently raising the profit margin.
Operational efficiency, therefore, enables a Facility Management company to make the best possible use of the company’s resources to offer the best service packages and contracts to its customers.