Imdaad Study Finds Adoption of Smart Solutions to Spur Facilities Management  Growth in UAE
Business

Imdaad Study Finds Adoption of Smart Solutions to Spur Facilities Management Growth in UAE

A recently conducted research study by Imdaad, a Dubai-based group of company that provides integrated, sustainable centers administration solutions that boost operational performances of physical properties, has found that adoption of new technologies and smart building services and merging of power monitoring solutions will mostly drive the development of the center administration business over the next three years in the UAE.

Despite the fact that the FM sector in the UAE remains in the early stages of evolution, a number of variables consisting of technological advancements, climbing ecological awareness, enhancing cost along with different initiatives by local and federal governments have enhanced the need for incorporated options and compelled provider in the country to expand their offerings.

The study, entitled High Level Overview of the UAE Facilities Management Market, jobs that progressed big data analytics will certainly transform the FM business, as the evaluation of data through remote tracking of buildings is acquiring appeal in the UAE. The insights from the analytics assist centers managers proactively handle and preserve various devices and systems in a building, providing cost-effective and a more efficient work environment for their customers.

The research likewise highlights that energy administration has currently developed right into a full-fledged service in the nation to end up being a part of the integrated FM solutions. Custom-made energy contracting (EC) packages the FM firms and Energy Services Companies (ESCOs) give, include power consulting, energy financial savings solutions, energy purchase, and generation.

"The findings for of our research suggest that the market is headed for a quantum leap driven by the private sector. Solution development, technology innovation, and new value recommendations are expected to bring game-changing effects out there. Big information is transforming all the markets and fields and FM is no exception. The FM provider in the UAE could build on their capabilities to capitalize on the massive potential in energy consulting and savings profiles, which include auditing, power approach planning, information collection, evaluation and surveillance, and updating of building controls and retrofits," said Jamal Abdulla Lootah, Group Chief Executive Officer of Imdaad.

"The launch of the smart building index in 2014, which is in line with the UAE Power Prepare For 2050 that states increasing the payment of clean energy in its total energy mix to 50% by 2050, and the push for Management in Energy and Environmental Design (LEED)-certified green structures are substantially adding to the brand-new pattern. For this reason, it is necessary for FM firms to construct their capacities in order to attain more energy financial savings," Mr. Lootah added.

In addition, the study keeps in mind that Middle East and Asia Pacific will certainly see the greatest growth and the latter will certainly end up being the largest total FM market going beyond Europe by 2025.

Related News