Learn how to harness the power of data with our new guidance in partnership with Planon

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  • General news

08 March 2021

Guidance note

Unlock data’s extraordinary potential and utilise it in your workplace and facilities management role by downloading our new guidance note in partnership with Planon: ‘Harnessing the power of data’.

Data is often described as ‘the new oil’ – the vital resource that powers the world economy. Descriptions such as these can seem cliched, but they also reflect reality: data does play a central role in modern life; we all use and rely on data in our jobs and daily lives, often without thinking about it.

However, when compared with some other sectors, the workplace and facilities management market is still relatively immature when it comes to understanding the value of data and implementing digital strategies for harnessing the power of data.

It’s not unusual for:

• investments in digital transformation to end in failure or fall short of expectations

• organisations to under-estimate the investment and the time required to create value from data

• organisations to fall into the trap of seeing technology as a ‘silver bullet’ that will solve all of their data problems.

Such issues can lead to frustration, conflict and a negative image for the industry.

The purpose of this guidance note is to provide workplace and FM professionals with a better understanding of the value data can bring to their work and the practical things they need to consider when trying to make better use of data.

In doing so, this guidance note draws on lessons and insights from organisations in other sectors and those who are at the forefront of harnessing data in FM. It’s an opportunity for workplace and FM professionals to benefit from their collective knowledge and learning.

Geert-Jan Blom, Solution Product Marketeer at Planon, said of the guidance:

‘With the rapid evolution of applications and PropTech solutions, and the fast pace of digitisation and innovation, data availability is expected to grow immensely. Therefore, having a future-ready IWMS that helps you manage this is central to improving decision making, increasing efficiency, and creating better customer experiences.

‘Which is why we wanted to work with IWFM on this guidance note - based on lessons and insights from across different sectors - to give organisations a better understanding of the starting points for raising the overall level of data knowledge and usage across their workforce, ultimately leading to improved facility management processes and quality and consistency of data for accurate, reliable reporting and analytics.’