Innovate and Elevate: 5 Facility Management Trends Shaping 2024

As we approach 2024, the evolution of facility management trends continues to redefine the way buildings are managed and maintained. 

Facility management has become a dynamic field, shaped by technological advancements and the ever-changing landscape of business environments. Let’s delve into the top five trends that will continue to shape the facility management industry in 2024. 

1. IoT and Smart Technology

The Internet of Things (IoT) and smart technology are at the forefront of facility management evolution. In 2024, we anticipate a further integration of IoT, connecting assets, building systems, and various elements of facilities. This connectivity empowers facility managers with real-time data, enabling them to monitor and control operations seamlessly. From HVAC systems to security protocols, the smart technology wave is ushering in an era where facilities become not just responsive but predictive, identifying issues before they escalate. This trend enhances overall efficiency, reduces downtime, and contributes to a more sustainable and cost-effective operation.

The rise of smart bathrooms is one notable trend to highlight. The integration of intelligent technologies in restroom facilities is gaining popularity, offering a myriad of benefits that extend beyond user experience. Smart bathrooms contribute significantly to a business’s sustainability and resource management objectives. These technologically advanced restrooms leverage IoT to optimize water usage, control energy consumption, and enhance overall efficiency. Automated fixtures equipped with sensors can adjust water flow based on real-time usage, reducing water wastage and aligning with sustainable practices. Additionally, smart lighting and ventilation systems within these bathrooms are responsive to occupancy levels, ensuring energy efficiency and minimizing unnecessary resource consumption.


2. AI and Automation: Shaping the Future of Facility Management

Artificial Intelligence (AI) and automation are not just buzzwords; they are catalysts for transformation in facility management. In 2024, we foresee an increased reliance on AI-powered tools for preventive and predictive maintenance. Facility Management in 2024 will involve more integration of AI, machine learning, and big data analytics. These technologies enable facilities managers to collect and analyze vast amounts of real-time data, facilitating data-driven decisions and identifying potential issues before they occur. This shift towards proactive maintenance not only improves reliability and efficiency but also minimizes maintenance costs, ushering in a new era of smart, connected, and data-driven facilities. Some examples of this include autonomous cleaning technologies such as AvidBot and SquareScrub, and engineered water.

3. ESG and Sustainability Objectives

Environmental, social, and governance (ESG) reporting is rapidly gaining prominence in facility management, and this trend is set to intensify in 2024. With an increased focus on sustainability and social responsibility, facility managers are turning towards ESG reporting tools to generate comprehensive reports on sustainable practices and performance. This not only addresses the growing demand for transparency from stakeholders but also aligns facility management strategies with broader sustainability goals. The integration of ESG objectives into facility management practices ensures that buildings are not just efficient but also environmentally and socially responsible, contributing to a more sustainable future.

65% of workers say they would prefer to work for a company with a strong environmental policy.

At TEAM, our dedication to sustainability has been integrated into every aspect of our business. As we approach 2024 and release our Sustainability Report, we hope to strengthen these initiatives both within our own operations as well as in the services we provide.

  • Environmental and Green Consulting Expansion: We provide comprehensive solutions, management, design, and outreach services to empower businesses committed to building a sustainable future.
  • Training and Auditing for Best Practices: ESG training is now mandatory for all our employees, coupled with waste audits to identify areas for improvement and ensure adherence to best practices.
  • Advancement in Waste and Water Stewardship: Our commitment involves responsible governance and collaborative sharing of waste and water resources, with a goal to surpass global standards.
  • Facility Sustainability Audits: We prioritize environmental responsibility by conducting comprehensive assessments, ensuring that our facilities align with the highest sustainability standards. Through these audits, we actively contribute to a greener future, implementing eco-friendly practices and minimizing our environmental footprint.

4. Data-Driven Reporting: From Insights to Action

In 2024, the facility management landscape will see a continued emphasis on data-driven reporting. With the increased access to data provided by IoT and smart technology, facility managers can make more informed decisions, optimizing operations and resources. This trend allows for better maintenance planning, asset management, and resource allocation. Whether it’s tracking energy consumption, monitoring occupancy levels, or identifying trends in building usage, data-driven reporting enables facility managers to transform insights into actionable strategies. This evolution in reporting is pivotal for achieving efficiency and meeting the evolving needs of modern organizations.

5. Increased Mobility: On-the-Go Facility Management

The trend of increased mobility in facility management is set to continue its ascent in 2024. With the advent of mobile applications connected to Facility Management (FM) and Computerized Maintenance Management Systems (CMMS), technicians can log reports, access user manuals, and follow maintenance plans while in the field. This increased mobility enhances real-time communication and collaboration, ensuring that facility management teams are not tethered to a desk. Whether it’s addressing urgent maintenance issues or conducting routine inspections, the ability to access information on the go is streamlining operations and fostering a more agile approach to facility management.

Mobile technology will play a pivotal role in overseeing energy usage, tracking asset performance, and scheduling maintenance efficiently. By embracing a paperless approach, facility managers can identify shortcomings in real-time, empowering them to address issues promptly. Real-time updates for facilities managers will keep building occupants informed and engaged, contributing to a more sustainable and efficient operation.

Embracing the Future of Facility Management

In 2024, facility management is set to undergo a transformative journey, integrating sustainability, advanced technologies, and proactive strategies. Facility managers embracing these facility management trends will not only enhance operational efficiency but also contribute to a more sustainable and resilient future. As we navigate the evolving landscape of facility management, the key lies in staying informed, adapting to emerging trends, and leveraging innovative solutions to create smarter, more efficient, and environmentally conscious facilities.