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A paradigm shift in efficiency and service for commercial buildings

Author

Listed:
  • Setchkova, Maya

    (Cushman & Wakefield, USA)

Abstract

Best-in-class facilities management (FM) is all about high-quality service at a speed faster than ever before. This paper uses case studies to examine in detail the following technologies: indoor mapping and asset tracking, digital kiosks, hotelling and workspace surveying, elevator maintenance auditing, water leak detection, NanoSeptic button covers, 3D virtual tours of buildings, artificial intelligence (AI) for preventive maintenance, emergency light testing, construction management platform, lease abstracting data and analytics and autonomous vacuum systems. Each case study provides a description of the technology, the scope of implementation and the results of each endeavour. The reader will understand ten new technologies and be able to navigate the implementation details to set themselves up for the best chance to succeed.

Suggested Citation

  • Setchkova, Maya, 2023. "A paradigm shift in efficiency and service for commercial buildings," Corporate Real Estate Journal, Henry Stewart Publications, vol. 12(4), pages 365-379, June.
    • Handle: RePEc:aza:crej00:y:2023:v:12:i:4:p:365-379
    as

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    More about this item

    Keywords

    PropTech; corporate real estate; innovation; efficiency; cost savings; data analytics;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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