Four Future Trends That Will Define CAFM

Trend 1: Integration with IoT (Internet of Things):

The concept of the Internet of Things isn't new. The idea is that applications and equipment will communicate with each other to provide automated processes. In the facilities management and CAFM space, that means connecting devices to CAFM systems so that data is gathered in real-time across different areas of facility operations, and you can make data-driven decisions. Areas like energy usage, occupancy rates, equipment status and environmental conditions can all be monitored remotely to allow for easier decision-making.

One of the most widespread uses, though (due to its use in almost all facility types) will be predictive maintenance. Using sensors that monitor assets and equipment will allow facility managers and maintenance teams to remotely monitor asset performance and identify when issues are about to arise so they can be fixed before they become a problem.

More broadly, it enables equipment to be analysed and assessed based on the asset's lifecycle. This allows you to make informed decisions about when to repair or replace assets and optimise the asset's lifecycle at every stage, from acquisition to disposal.

On top of this, IoT sensors could be hooked up to CAFM systems to detect hazards and unauthorised access, sending automated alerts to managers who can respond accordingly.

Trend 2: AI and Machine Learning:

Artificial intelligence has become one of the major talking points in multiple sectors, but it has tremendous potential for facilities management and CAFM software. It can help predict maintenance issues before they arise, optimise space utilisation, and even automate basic daily tasks like work order distributions.

One of the most significant potential areas for AI and CAFM is reducing energy usage. AI and machine learning can create remote solutions to the management of energy-draining systems like HVAC, refrigeration, and electricity use. Through predictive analytics, AI will be able to monitor real-time energy demands and the stored energy use history so it can make changes to reduce energy usage (such as reducing the heating at times when no one is around).

Trend 3: Cloud-Based Solutions

A schism has developed in the world of facility management software. Where all software types were once equal, there is clear water between cloud-based and on-premise software. Why? Because cloud-based systems provide a more scalable, flexible and accessible system than on-premise versions.

Cloud-based systems require less time for your team to manage as the software provider will constantly update the system themselves, thus reducing the burden of responsibility on your teams. It's also been shown that cloud-based CAFM systems can:

• Improved facility cyber-security
• Reduce asset maintenance and repair costs
• Provide Full Remote Access via Secure Login
• Streamline workflow processes and improve productivity
• Automatically Update your system with no involvement from your IT team

As a result, Cloud-based systems are becoming more of a talking point in facilities management, but the most significant benefit they can provide is enhanced mobile capabilities.

With a cloud-based CAFM system, your team can use apps to access and update information whilst out on the job. With features like asset histories, space reservations and maintenance request portals available via mobile phone at the push of a button, cloud-based systems can make daily operations more efficient than their on-premises cousins.

Trend 4: Data Analytics and Visualisation

CAFM Software provides access to various data sources vital to making informed decisions about your business. To deliver this, though, easy-to-understand data is essential. That's why CAFM software looks at new ways to display analytics and visualise data.

CAFM software providers are looking to provide next-level service in this area by providing more than simple reporting. They're looking to provide comprehensive reports across a range of metrics and the ability to generate customised reports that meet your needs.

Data-driven decision-making has been recognised as a vital element for facility management, and CAFM software providers are stepping up to give users the information they need. When choosing AFM software, you need to ensure your vendor offers the needed reporting level.

If you’re looking to get started with CAFM software, then get in touch with one of our experts who will happily talk you through how CAFM software can help you improve your facilities management approach.