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Asset Mapping. The Uber of Facilities Management?

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Asset Mapping. The Uber of Facilities Management?

Asset Mapping aims to be the Uber of Facilities Management, where a field engineer is dispatched to the right location, with the right information, at the right time based on a device’s health.

Asset Mapping Explainer 2015 from AssetMapping on Vimeo.

We are prepared to disrupt (oops! transform) the industry with our platform. In a nutshell, Asset Mapping shows what fix assets there are in a building, where they are located when they need fixing and what is wrong with them. We do this by bringing all asset data into Google Maps, from floor plans, CAD files, and asset registers, to real-time information from BMS and IoT sensors (we can pull and push any data, we are open and agnostic).

The result? A single pane of glass view of entire portfolios and their assets, across multiple estates, monitored in real-time.

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How is this revolutionary? Well, this is the usual data store in buildings. Bet you can spot the difference!

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By breaking data silos, presenting information on an intuitive map, and generating alerts when issues occur, we help:

* Field engineers save two-thirds of their time.

Can you imagine how much time is spent simply looking for basic information about a building’s equipment? Yup, two-thirds!

With Asset Mapping, field engineers get an alert directly on their mobile phones before something breaks and can get all the information they need about the asset before they arrive on site, including its location, serial number, installation date, spare parts, manufacturer, or last repair date. This makes their first-time fix rate jump through the roof!

* Facilities managers improve their operational strategy.

Real-time data combined with analytics means service providers can easily gain new insights to squeeze out operations and maintenance inefficiencies, from carrying out unnecessary preventative activities to culling energy consumption where it is not needed.

Asset Mapping does not analyze data but bear with me! We get the data in the first place, sort it out and make it ready for analytics engines to use. Not many companies are doing this meticulous, yet essential job within CRE.

* CFOs budget.

CFOs will finally know what assets they own and how they are being maintained. (Yes, they don’t for sure. Just ask any of them for an up-to-date asset register!). This information helps reduce guesswork when it comes to accepting FM bids that usually cover years of service, if not decades.

* Building owners save money.

More efficient asset maintenance and operations, longer equipment lifecycles and less energy consumption within buildings saves a lot of money to estate owners. (we’ll happily share an ROI slide with you).

* Tenants are happier and more productive.

We don’t want to get cheesy, but things working at all times, no unplanned maintenance and disruptions, better air quality and adequate room temperature makes people happier and more productive at work.

In turn, this increases the likelihood of tenants renewing their contract, which then again helps the broker make more money.

Everyone wins with this simple premise: we need to break data silos and visualize information on maps with open platforms. Easier said that done, but the good news are that we are four years ahead.

Asset Mapping is not just a new proptech startup sprouting in the heart of London’s innovation district, ready to make millions.

Here is some food for thought:

– Estate owners need an accurate data repository for buildings and equipment that is not lost, nor changes hands with each service providers. We build this for them.

– The value of CRE will no longer be in location, but in information. We help brokers gather all equipment data into a single platform.

– BIM needs to be put at the service of facilities management, helping create a culture of collaboration within construction, from planning, to delivering, to maintaining, to decommissioning. We enable this to happen.

– Physical assets need digital twins to optimize their lifetime by fine-tuning maintenance in real-time. We make this happen.

– Open standards are an essential requirement to enable the development of smart buildings within smart cities. We use them.

Asset Mapping. The Uber of Facilities Management?

Content Provided By –¬†Carlota Calder√≥n
Communication Executive | Asset Mapping

 

 

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  • Bill Clee

    Great article, thanks very much.