Tag: proptech

The Rise of Proptech and What It Means for Facilities Management

As facilities managers or field experts, new challenges arise as the world grows more interconnected and data-hungry. These include the need to handle massive volumes of data, increase efficiency, and embrace cloud computing. Since the world is moving more quickly, businesses that do not adapt risk losing their ability to succeed and the possibility of […]

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 […]

2023 Commercial Building Trends Include AI, Sustainability, and Predictive Maintenance

In the aftermath of the COVID-19 pandemic, the commercial real estate and building management sectors have had the opportunity to adapt and capitalize on new opportunities. Among the various sectors comprising the industry, the U.S. engineering and construction segment has demonstrated impressive growth, with a notable 8% increase in construction spending during the beginning of […]