Welcome to The Facilities Society
The Society is a not-for-profit organisation dedicated to interdisciplinary and cross-sector academic enterprise to support the needs of the UK research community, government, businesses and the public interest. In its role as a learned society, it complements established institutes and the universities, working with them wherever possible and pursuing mutual recognition for each others’ qualifications.
Focus of interest
As owners and operators of assets and facilities search for more efficient and cost-effective ways to compete in challenging business environments, it becomes necessary to find improved management solutions for the delivery and operation of those assets and facilities. This means every entity associated with these processes must understand its position and contribution in the value chain.
The diverse nature and structure of organisations is such that some will emphasise facility management, others asset management. In the building and real estate sectors, facilities (or facility) management is the operative term; whereas, in the infrastructure sector, there is a tendency to adopt the term asset management.
Facilities management has been defined as “an organisational function which integrates people, place and process within the built environment with the purpose of improving the quality of life of people and the productivity of the core business” (ISO 41011). In comparison, asset management has been defined as the “coordinated activity of an organisation to realise value from assets” (ISO 55000). Whichever term is adopted, we are talking about the active management of physical entities making up the built environment, ranging from a storage container to an airport terminal or railway and from a hospital or office complex to sheltered housing.
Artificial intelligence: what it means for the built environment
Decades of steady and sometimes staggering improvements in technology has changed how most of us do our work and interact with others. For those engaged in creating and sustaining the built environment, there are threats from AI that can increasingly outperform the physical and cognitive skills of workers on all levels.
There are also real opportunities for those who can understand the changes that AI will bring for the better and who are then able to exploit them. The report, Artificial intelligence: what it means for the built environment is available from The Royal Institution of Chartered Surveyors.
Artificial intelligence in facilities management
As part of its core business commitment to technology foresight, the Society is working with industry leaders to raise awareness and build understanding and capabilities in the application of artificial intelligence (AI) to construction, real estate and asset/facility management. You can read more at AIinFM.