Press enter

How can Facilities Managers make the most of Big Data?

How can Facilities Managers make the most of Big Data?

According to the 2016 Workplace Trends report by Sodexo, Big Data has the potential to significantly reduce the cost of FM services. However, the report warns that in order to use data effectively, FM professionals need to get better at establishing and implementing their KPIs.

The report is made up of opinions from a broad spectrum of thought leaders. It states that Big Data – the large volume of data that inundates a business on a day-today basis – is going have a fundamental impact on the nature of business, including facilities management.

Big Data will enable the workforce to make more effective decisions and run departments more efficiently; it will also help FMs identify strategies for increasing employee productivity and engagement.

Thus, as we develop more comprehensive databases and gain new performance insights, we will inevitably see a reduction in the need for middle managers. With systems reducing manual workload, FM will ultimately be able to provide services more efficiently and at a lower cost; this will hold true for the smallest businesses through to international corporations.

However, the report warned that FM professionals need to be educated on how to use big data effectively. Before getting ‘excited’ about Big Data, FM leaders must be clear about the outcomes they want to achieve. Only once they have established their KPIs will Big Data improve their business.

Here at Qube Global Software we understand the necessity of working with KPIs; we discuss some of the most important ones in our blog post What Facilities Management KPIs should you Monitor? Measuring targets such as the cost of maintenance, asset performance and call resolution against SLAs is critical to making significant gains in a business.

Facilities management software will provide you with the ability to measure and interpret your data with easy to understand dashboards and SSRS reporting tools. As the report states, data is nothing but a set of numbers: an enabler, not an end in itself.

Chloe Hibbert
Posted by Chloe Hibbert
+44 20 3861 7100.
Share this post
0 Comments

Post Your comment

More blog posts

The Need for Efficiency: How Real Estate Teams Are Putting Data and Software to Work

Workplace and facility managers are under increasing pressure to provide a workplace that attracts top performers and improves staff motivation, effectiveness and retention. Balancing this with the need to continually add value to your corporation and reduce costs is the ultimate goal.

How data can improve the success of leisure facilities in shopping venues

Online shopping is an ever-growing threat to physical real estates in the high street. As a consequence, retail investors face the new challenge of encouraging customers to get out of the house and visit their venues rather than spending their money online.

Blog Posts overview

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close