Poor Part Management Costs M&E Sector £Millions
£millions are being wasted on poor management of spare parts - that’s the message from a survey of the top FM service providers published in a new white...
Read Full ArticleA new study from Vanson Bourne has found that 75% of IT and field service leaders believe that machines will receive better, preventative healthcare than human beings by 2020. Will this also be true of building services?
IT and field service leaders surveyed believe advancements in machines having the ability to predict failure and take preventative measures or self-healing actions are widely viewed as beneficial to a company’s bottom line.
For example:
The new study, 'After The Fall: Cost, Causes and Consequences of Unplanned Downtime,' surveyed 450 field service and IT decision makers in the UK, US, France and Germany across the manufacturing, medical, oil and gas, energy and utilities, telecoms, distribution, logistics and transport sectors, among others.
According to Gartner, by 2020, 10% of emergency field service work will be both triggered and scheduled by artificial intelligence. The new study highlights the impact of new technology such as artificial intelligence, analytics, and use of a digital twin on how we monitor industrial machines to predict when a piece of equipment will fail and what preventative service maintenance is required.
“In the same way that organisations want zero unplanned downtime with their equipment assets to avoid expensive loss of production or service, we want to mitigate our own human ‘outages’,” said Mark Homer, Vice President Global Customer Transformation for ServiceMax, from GE Digital which sponsored the survey. “This holistic view of how something is operating – whether it’s a person, an equipment plant or building services – has historically been disjointed and only visible when something goes wrong. Today, organisations are now acutely aware of the value of a real-time view on the health and performance of their critical assets, as well as predictive analytics on when preventative maintenance or intervention is required.”
Picture: What is happening in the world of production assets will also be reflected in physical human health and of course, building services
Article written by Brian Shillibeer | Published 19 January 2018
£millions are being wasted on poor management of spare parts - that’s the message from a survey of the top FM service providers published in a new white...
Read Full ArticleIn 2018 Artic Building Services won a contract to provide a support resource to a luxury residential estate at Royal Arsenal in London. A year on and the estate keeps...
Read Full ArticleOptimum Group Services has been appointed to undertake M&E, PPM and reactive maintenance contract at 122 Leadenhall Street aka The Cheesegrater which is managed by...
Read Full ArticleGlobal FM business ABM has signed a contract with Transport for London to provide mechanical and electrical services across the London Underground network. ABM has...
Read Full ArticleVIVO Defence, a joint venture between Serco and Equans, has marked its second year of providing facilities management services to the UK military’s...
Read Full ArticleM&E specialist Linaker has won a contract to manage the planned preventative maintenance and reactive works for Liverpool ONE shopping centre. The multi-million...
Read Full ArticleArtic Building Services has been re-awarded the full air conditioning and ventilation maintenance contract at South London and Maudsley Hospital. The Planned...
Read Full ArticleAs the UK lockdown continues, building owners must be vigilant about implementing preventative maintenance to protect heating systems in their empty...
Read Full ArticleProcurement organisation, Fusion21, has announced the renewal of its national Lifts Framework. Worth up to £80 million over a four-year period, the framework is the...
Read Full ArticleSkanska has won a £240 million contract to construct 20 Ropemaker Street in Central London for Great Elm Assets Limited, in association with Old Park Lane...
Read Full Article