Sustainability has emerged as a central concern for facilities executives worldwide. With businesses setting ambitious net-zero emissions targets and advancing ESG (Environmental, Social, and Governance) initiatives to combat climate change and foster resilient facility management and development, the pressure is to incorporate sustainable practices into facility capital planning and project investment. However, achieving these goals can be demanding, and organizations face significant challenges.
In today's rapidly evolving world, how we manage and plan for facilities is experiencing a digital transformation driven by the power of technology. With the increasing demand for innovation in the built environment, facility managers face the challenge of managing efficiency, comfort, and sustainability within budget constraints. To meet these demands and overcome legacy systems, facility managers are embracing the benefits of technology, including occupant engagement, Artificial Intelligence (AI), the Internet of Things (IoT), automation, and other digital solutions.
In facilities management, "capital investment" and "capital planning" are often used interchangeably, confusing professionals. While both concepts are crucial for maintaining and improving physical assets, they serve distinct purposes and should be approached differently to achieve long-term success.
In the complex world of physical asset management, organizations often face the challenge of fragmented data across multiple operations, facilities, and finance departments. The "Single Source of Truth" concept has emerged as a powerful solution to address this issue.
As organizations grow and expand, so do their facility needs. From maintenance to upgrades, facility capital planning is crucial to ensure the necessary resources are in place to keep the building and equipment in top shape. However, managing these needs manually can be daunting, which is where facility capital planning software comes in.
Addressing Aging Buildings: Balancing Preservation, Sustainability, and Economic Realities Are aging buildings a ticking time bomb? This article explores the hidden challenges, innovative solutions, and the path to a sustainable future.
A Beginner's Guide to Effective Capital Planning Solutions for Facility Managers Welcome to our beginner's guide on facility capital planning solutions explicitly designed for facility managers. As a facility manager, you understand the importance of making informed decisions to manage your facility's assets and resources effectively. Capital planning plays a pivotal role in maximizing your budget, optimizing operations, and ensuring the long-term success of your facility.
Higher education facilities play a crucial role in shaping the future of our society. They provide students a platform to learn, grow, and build their careers. However, maintaining these facilities can take time and effort, particularly regarding aging buildings.
Celebrating Earth Day: The Importance of Infrastructure for a Sustainable Future Happy Earth Day! Today, we celebrate the importance of protecting our planet and, at the heart of it, its infrastructure. The health of our buildings and infrastructure directly affects the well-being of humans and the environment. Therefore, maintaining the built environment is critical.
We recently attended the Opal Edu-Tech Facilities Summit in Palm Springs, CA, and met many Facility Management leaders from across the country. It was an excellent opportunity to learn about their challenges and discuss how Intellis can support facility planning by implementing technology like the FOUNDATION Solution.