Category: Property Management

What are the Best Practices of Asset Lifecycle Management?

What is Asset Lifecycle Management? Asset Lifecycle Management (ALM) is the mechanism during the lifecycle to maximize the value created from the properties. Comprehensive management of the asset pool, systematic implementation of programs, and reliable and effective asset management activities help to achieve the desired performance. Best Practices: Total Inventory Recognition Businesses tend to maintain

Read more

What are Best Practices for Maintaining HVAC System?

HVAC (Heating, Ventilating, and Air Conditioning) System provides environmental comfort in places ranging from small households to submarines. These systems also require some maintenance to use fresh outdoor air to provide high indoor air quality. HVAC system does not require high maintenance machines, but it does require some upkeep. To improve the energy efficiency and

Read more

What Exactly is Prescriptive Maintenance?

Prescriptive maintenance is the asset maintenance strategy that uses machine learning to adjust operating conditions for desired outcomes, as well as intelligently schedule and plan asset maintenance. Prescriptive maintenance not only looks for failure signatures, but also provides information about how to delay or entirely eliminate equipment failure. These algorithms can comb historical data for

Read more

covid boost digital transformation in facility management

What are Advantages of Property Technology Systems ( Proptech)

What is property technology or PropTech? PropTech (property technology) is the use of information technology (IT) to help individuals and companies research, buy, sell and manage real estate. Similar to the way FinTech¬†focuses on the use of technology in finance, PropTech uses digital innovation to address the needs of the property industry. Technology isn’t just

Read more

Hello ! If You Are Ready To Take Your Facility Management To Next Level...