FM newsroom – facility management, trends. The facilities management industry is evolving quickly, with technological, social, environmental, and economic trends fundamentally reshaping the sector in recent years. Which are the top 4 trends?
Rapid tech advancements in building management systems, such as the Internet of Things (IoT) and Artificial Intelligence (AI), transform how facilities are operated and maintained. Increasing sustainability demands are pushing managers to adopt greener practices and materials to reduce environmental impact. Economic uncertainty has led to shortages of labour needed to run sites most effectively.
Fortunately, this shifting landscape provides plenty of room for opportunity and growth if navigated properly. Adopting new technology, meeting environmental goals, and finding creative staffing solutions are recipes for profits and sustainable organizational value.
Facility Executive collected the four trends defining the next five years in facilities management.
Sustainability and circularity
One of the most critical trends shaping the future of facilities management is the growing emphasis on sustainability and the circular economy, which focuses on the renewability and reuse of materials.
Across industries, leadership has reported a renewed focus on environmental efforts and climate issues. A recent study by Ernst & Young found that more than 50% of CEOs said sustainability is a higher priority now than a year ago.
Simple concepts—planned and executed more efficiently thanks to improved technology—will be revisited, such as proximity matching materials and equipment to the job site, which can further reduce environmental impacts by minimizing transportation distances and associated fuel consumption. Sustainable practices, including the use of recycled and renewable materials, can reduce facilities’ environmental impact and better position them to meet regulatory requirements and consumer expectations.
Digital transformation
AI will continue to allow for better predictive maintenance and optimized building designs, specifically in BIM. AI algorithms analyze vast data within BIM to prevent costly breakdowns and extend equipment lifespan, with research showing a 20-30% reduction in maintenance costs and a 15-20% increase in the lifespan of building systems.
In IoT, AI enables sophisticated data analysis and automation. AI-powered IoT systems optimize energy use by adjusting lighting, heating, and cooling in real-time, resulting in up to a 30% reduction in energy consumption. AI also excels in predictive maintenance. By analyzing sensor data, AI has shown it can predict equipment failures and schedule proactive maintenance, resulting in a 50% reduction in unplanned outages and a 20% reduction in maintenance costs.
AI is quickly proving to be one of the most important technologies of our time, and its impact over the next five years on facilities management will be fascinating.
The next generation of materials and tools
The development of cutting-edge innovation has seen great leaps forward recently. Notably, engineers at Drexel University have created “BioFiber,” a new material that helps “heal” cracks in concrete. (When embedded in concrete, BioFiber enhances durability and self-repairs cracks by releasing bacteria to the damaged site, filling the crack and preventing it from growing. This innovation could significantly improve the lifespan of concrete structures, reducing the need for frequent repairs and lowering maintenance costs.)
Meanwhile, wider adoption of modular construction and 3D printing is beginning to take hold, revolutionizing how facilities are built and maintained. These technologies promise greater durability, efficiency, and cost-effectiveness, addressing long-standing challenges in the industry.
Next-generation equipment, including electric and hybrid options, such as electric scissor lifts and hybrid forklifts, are designed to operate more efficiently and enhance on-site job safety. Equipment like these reduces operating costs and emissions and offers quieter operation, which is beneficial for indoor facilities.
Addressing talent shortages
A pressing challenge in facilities management is the growing talent shortage. Studies have shown that more young people want or are already pursuing alternative careers instead of working full-time. Leveraging technology platforms that match talent more efficiently and utilizing contractors can be a powerful solution.
These platforms tap into local talent pools and provide more flexibility than traditional employment models, helping to manage high-demand periods effectively. Contractors can fill critical skill gaps, ensuring that facilities management meets high standards even as permanent staffing levels fluctuate.