Tag: budget

5 Asset Management Trends Among U.S. Organizations

Asset management software has become critical for organizations to manage equipment, facilities, and infrastructure effectively, yet challenges like aging infrastructure, staff training, and resistance to new technology persist, according to a new report. The “2025 State of U.S. Asset & Facilities Management Report” from Brightly Software, a Siemens company, surveyed anonymous U.S. decision-makers in the asset […]

Cost-Effective Strategies for Renovating Aging Facilities

As office, governmental, and educational facilities age, facilities managers face difficult decisions about what to do with these structures. They often face three options: renovate, rebuild, or demolish the aging structures altogether. Any of those choices comes with a hefty price tag that organizations and companies must consider before making their next move. While removing […]

Webinar Watch: Maximizing Efficiency – Facility Master Planning, FCAs, and the Importance of Accurate Asset Inventory

During Facilities Management Advisor’s FREE upcoming webinar, learn about how the sheer volume of assets located at large facilities, combined with the loss of institutional knowledge from retiring facility team members, can create inventory inaccuracies. As a result, it is important for organizations to create a master plan for an accurate asset inventory. Can’t make it to […]