From the Blog

Facilities management is a rapidly changing field thanks to technological developments over the past couple decades. The evolution has surpassed they physical aspects of the job such as janitorial and HVAC systems, to transform space requirements, building infrastructure and even dictate where a company should be located. These changes have resulted in a vastly different job description for Facility Managers, completely overhauling their day-to-day duties in some cases.  New technology and developments to existing tech have created significant opportunities for financial savings and business benefits for companies who require facilities management. They have evolved to change how work is processed and delivered for all property types with newer and smarter work request systems, Smart Building and Cloud technology, and other technology-based solutions. Facility Managers no longer need to wade through inaccurate or disorganized paper records, and they can manage their building’s infrastructure from wireless devices or even their own smartphone or tablet. This enables them to work smarter and more efficiently, seamlessly accessing key building information and dispatching a repair request with a couple of clicks.

Commercial construction has been a steadily growing industry in the United States for nearly a decade. In 2017 alone, approximately $86.95 billion was spent on commercial building projects . All of those new buildings are also being filled at rapid rates; by the third quarter of 2019, retail space vacancy rates are forecasted to be at 11.4% and vacancy rates for industrial spaces are expected to be at 6.7% mid-to-late this year. With construction projects and new commercial buildings opening all of the time and vacancy rates declining, Facility Managers and facility management teams are more important than ever before.