Embrace Automation And AI For Your Facility Management Business

Marketing Team
Published on December 10, 2020

Artificial intelligence and automation are, without a doubt, dominating the digital landscape of the 21st century. In the present day, companies are looking forward to integrating AI with their existing business models to improve the outcomes of the fundamental operations and gain better control and visibility over them.

The benefits of integrating AI into business functions are countless and here, facility management is no exception. By letting technology take over the repetitive and analytical tasks, you can empower your workforce to focus on the core functions of your business and resultantly, enhance customer engagement and satisfaction. Other than this, the advantages of AI and automation cover the basic facets of facility management such as reduction of operational costs, conservation of resources, and fruitful utilization of time. These issues might not seem serious if your company is assigned with just one or two small projects. However, once the scale and stake of these undertakings increase, the graveness of these loopholes could blow out of proportion and land you in serious trouble. In such a scenario, automation and AI can accelerate the operations, reduce overhead costs, save time and resources, and schedule preventive maintenance at regular intervals.

How Can Automation And AI Benefit Facility Management?

Identify Risks Beforehand

As far as security for facility management is concerned, one cannot afford to leave out any room for compromise. There's no denying that the surveillance system in facility management is getting more and more complicated with each passing day. In this case, relying on traditional surveillance systems that involve appointing several well-trained security personnel to keep a close eye on multiple screens simultaneously can be both risky and problematic. Nonetheless, by adopting artificial intelligence in the right way, your company can collect and process large quantities of data and identify impending threats hovering around the property that missed the human eye.

Such AI-enabled technologies can prove to be a great boon for businesses that are responsible for managing large retail presence and facilities. Additional resources like situational awareness and emergency alerts can render you with a competitive edge and pursue customers to choose your business over everybody else in the market.

Real-time Reporting And Analytics

A detailed analytical report of the projects that your facility management company has tackled in the past is essential for paving your way towards success. Until a few years ago, sorting data manually and fabricating random decisions based on instinct was the norm. But, with digital disruption influencing the current picture, these processes are being carried out much faster with actionable insights backed by structured and valuable data. When predictive analytics is ripped off human error, you get to strike a perfect balance between operational costs and customer satisfaction.

Additionally, automation and AI for facility management offer consistency and allow every user, despite his competency with the technology to manage data and identify hidden customer trends. Perspective analytics, sans manual research, can chalk out the most practical and cost-effective alternatives to keep with customer expectations, prevent untimely breakdowns, and remove the superfluous expenses.

Predict And Schedule Preventive Maintenance

There could be several reasons leading to equipment malfunctioning. If the faulty machines aren’t fixed at the earliest, they will hamper the momentum of the processes that involve them and incur additional costs by burdening the other equipment as well. This is where AI-enabled facility management software can help. By assessing historical data, it can predict machine failures, breakdowns, and labor requirements and correspondingly produce work orders to be outsourced to efficient mechanics.

Once the software is fed with all the relevant details of the pieces of machinery, it can monitor their health and send alerts whenever something is out of track. In fact, by customizing AI software you can rest assured that the moment it spots something unnatural, it will envisage the time and cost to fix it and schedule preventive maintenance for the future months. Invoicing too is simplified as the software automatically opens, pays, and closes order by interpreting data of similar orders from the past.

Energy Monitoring

Artificial intelligence adopted through reliable technological services can automate complex calculations and precisely analyze the performance of a building's energy model. If needed, the data can be updated from time to time by adding external variables such as weather conditions and occupancy. After assessing this data extensively, the AI-enabled software can figure out the difference between energy consumption levels when the building is left empty and when it is occupied. Accept it or not, this method of calculating energy exhaustion is far more accurate and insightful than simply comparing the monthly electricity bills.