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.
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.
Why accurate data in facilities management and capital planning reporting is critical. In today's business environment, Facility Managers are burdened by assorted tools and systems they use daily, yet the reporting system is essential for an organization's success.
What are the most impactful ways to align facility capital investments with business goals? Facilities play a crucial role in supporting the operations and success of all businesses. As a result, facility capital investments significantly impact a company's bottom line. However, to ensure that these investments align with the company mission, it is essential to consider several key factors. This blog will explore the best strategies to align facility capital investments with business initiatives.
What is a Facility Planning Platform? A Facility Planning Platform supports facility condition assessments and facility capital planning programs. It enables facility teams to align facility capital planning programs with mission-critical institutional performance metrics such as net operating income, improved operating efficiency, and overall business improvement.
Are you considering software for facility capital planning? Now is the time to toss those paper reports! Implementing software for Facility Condition Assessment eliminates the need for outdated methods like pencils, paper, and excel spreadsheets. Instead, upgrade to Intellis software for strategic facility planning and wave goodbye to facility planning challenges with our facility condition assessment (FCA) solution.