ColumnDr Kenny Odugbemi

FMs Benefitting From AI & Maintaining Energy Goals

fms-benefitting-from-ai-maintaining-energy-goals-9906028
FMs Benefitting From AI & Maintaining Energy Goals

FMs Benefitting From AI & Maintaining Energy Goals by Dr Kenny Odugbemi

Artificial intelligence (AI), a concept not so long ago confined to theoretical science and blockbuster movies, is rapidly becoming part of almost every industry. With its ability to ✓compile,
✓analyze, a

✓apply logic to enormous amounts of data,

AI has the potential to significantly improve many business and operational processes.

✓To increase efficiency, heighten customer engagement

✓ lower costs,

Multinational corporations as well as indigenous organizations are all eager to add AI to their technology arsenal.

*Computational arsenal of AI

However, the vast computational power required for AI has the potential to impair organizational efforts toward decarbonization; its applications could come at a great cost if not integrated with care.

AI could account for 3.5% of all global electricity consumption by 2030.

*Sustainability perspectives

Sustainability is a priority on the agenda of many organizations.

Core objectives include and are are not limited to the following

,✓Carbon footprint reduction goals,

✓health and safety targets,

Improvements in the management of facility performance data will allow firms to track ESG compliance.

*Facilities services perspectives

Facility service providers who are not prepared to support client sustainability agendas will find themselves losing out to more agile, future-ready competitors.

As such, they need to be ready to support their clients across a range of sustainability-related requests to succeed in the years ahead.

Facility management services firms need to grow their businesses and be a resource to clients, hence the need for the adoption of sustainability objectives such as these:

✓Facility services providers can develop and navigate sustainable real estate strategies

✓Clients will look to service providers to help mitigate the risk of real estate depreciation.

✓Real estate owners will seek out mature energy management technologies

Remarks

Sustainability will be an integral part of the facility’s total experience initiatives

*Improving workforce capacity

✓There’s a need for the workforce to develop what can be described as “hybrid skills”, blending an understanding of the real estate industry, data and technology to be able to advance organizations and the industry in an increasingly regulated data-driven environment.

✓Improve Workforce ability to interact with multiple stakeholders internally and with external business partners to achieve results

✓Minimizing disruptions

Businesses often want a clean space because of the following

✓it can reduce sick days, increase motivation and reduce stress,
✓it can also improve equipment performance in manufacturing facilities?

*Improvement of the productivity in M&E services (heat transfer)

✓Proactive maintenance is vital when operating a heat transfer system.

Regular maintenance of the equipment, as well as regular fluid sampling as part of a preventive maintenance program, enables manufacturers to monitor performance and fluid conditions and

Prepare for maintenance before it leads to downtime. but may find that performance can be impacted by conditions outside of the system.

✓Regulatory issues

Regulations remain a driving force towards a ✓cleaner future: ✓Decarbonization •
✓Green transition •

New standards with quicker onboarding • Global refrigerant transition
The built environment is evolving:
✓IoT,
✓AI and
Controls •
✓ Automation •

✓Data analytics •

✓Cybersecurity

*Supply Chain management

The supply chain has rebounded to stable health •
✓A2Ls and the effect on distribution • ✓Consolidation across the industry.

*FM-Workforce management

Workforce and training:

The need for a strong and skilled workforce •

Streamline the flow of communication across the chain •

*Need for Expansion, growth and meeting demand:

✓Managing multiple areas of growth within the industry •

✓Educating first the workforce, and secondly, the end user •

✓Cutting-edge technology and environmental responsibility.


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