Tag: AI

Strategic Asset Management: A Guide to Optimizing Facility Investments

Taking care of a facility and managing a number of important pieces of equipment is a big job with a lot of responsibility. After all, the company is largely dependent upon all of those things continuing to work and be maintained. Strategically figuring out the best time to make new investments and upgrades is a […]

Burgeoning Data Center Market Seeks More Power and Land

Society is rapidly accelerating the volume of data we create, which is foundationally important to the way we work, live, and play. If data centers are the bricks holding modern society together, then the power that operates them is the mortar. According to JLL’s new H2 2023 North American Data Center Report, data center demand remained […]

What Are the Top KPIs and Challenges Facing Organizations?

To kick off the new year, the International Facility Management Association (IFMA) hosted a webinar on January 18 called “Elevate FM in 2024: Reflecting Back and Looking Ahead,” during which the top 2023 key performance indicators (KPIs), the most often asked KPIs, and expected challenges for 2024 were discussed. Top KPIs in 2023 Based on […]

AI Adoption Creates ‘Unprecedented Demand’ for Data Centers: JLL Report

As the global economy continues to rapidly adopt artificial intelligence (AI), infrastructure to support these systems must keep pace, according to a new report from JLL. Consumers and businesses are expected to generate twice as much data in the next five years as all the data created over the past 10 years. This growth presents […]

Navigating the Permacrisis: How Facilities Managers Can Prepare for the Unexpected in 2024

Risk management for facilities managers has undergone a significant transformation in recent years. What was once centered on physical concerns like injuries, security, and equipment failures now encompasses a broader range of challenges. The evolving landscape demands a more comprehensive and adaptive approach to risk management, encompassing digital, environmental, and public health considerations to mitigate […]

The State of Business Physical Security in 2024

A quarter of businesses saw a rise in physical security incidents in 2023, and more than half are more worried about crime than they were a year ago. That’s according to “The State of Physical Security Entering 2024,” a newly published report from Pro-Vigil. Despite an increase in physical security incidents, the report said businesses’ […]

IFMA Issues Statement on AI and Facilities Management

Artificial intelligence (AI) is a hot topic among every industry. For example, the tech dominated the security industry’s recently released 2024 megatrends. And the case is no different in facilities management (FM), with industry insiders citing AI as one of the top opportunities for the year ahead. Nonetheless, studies have shown most people worry about […]

3 Recent AI Developments Every Facilities Manager Needs to Know About

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 a facilities manager, it’s crucial to stay up to date with recent developments in artificial intelligence (AI). You are a key decision-maker responsible for reviewing standard practices and driving businesses forward, and using […]

Top 4 Video Surveillance Trends for 2024

Video surveillance plays a major safety and security role at all types of facilities, and the technology has come a long way over the years. To help gauge what’s ahead for the video surveillance industry in 2024, i-PRO Co. Ltd. (formerly Panasonic security) shares its top four predictions below: 1. Customizable AI On-Site Learning Ushers […]

Faces of Facilities: FMs Highlight 2024 Opportunities

In Part 1 of this two-parter on industry predictions, former “Faces of Facilities” guests forecast the top challenges of 2024. That was the bad news. Now here’s the good news: Opportunities abound! For Part 2, industry insiders were asked to identify the No. 1 opportunity for facilities managers in the new year and offer advice […]