The Advantages of Proptech in Facilities Management

The Advantages of Proptech in Facilities Management

IoT is implemented to connect scan codes, link sensors, and mobile applications to track incidental activity and utilize space to foster wellness and activity.

Fremont, CA: Proptech is gradually changing the built landscape, from integrating blockchain to improve transactions to using the Internet of Things (IoT) in smart cities, among many others.

The current COVID-19 pandemic has boosted the adoption of technology throughout the built landscape, particularly in facilities management (FM). Apart from the challenges of guaranteeing safe building re-openings or improving flexibility, professionals in FM are using this chance to optimize asset tracking and performance, reassess the use of space, and help asset owners and users with the most efficient use of buildings to address the changing demands of the workforce.

Here are three areas where FM can benefit from proptech:

Top 10 Property Management Solution Companies - 2020Data Management

The growing number of data inputs from IoT via connected devices and systems implies that data quality and management have become crucial for facility and asset management professionals. Combining various data sources in a simple way to evaluate and visualize is essential for efficient strategic FM and engagement with major stakeholders.

Workplace Wellbeing

The pandemic has made the health and wellbeing of employees a high priority, and technological innovation offers the advantage for workspaces to encourage healthy habits and activity.

IoT is implemented to connect scan codes, link sensors, and mobile applications to track incidental activity and utilize space to foster wellness and activity.

Energy Efficiency

Sustainability is an essential factor for asset owners and users. Energy tracking helps understand the exact requirement of a building. Analyzing the total energy consumption in equipment can help recognize where the absence of maintenance has led to high consumption, and proper actions can be taken to minimize it.

See also: Top IoT Companies

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