Glossary

Sustainable facilities management and building services

This overview page contains an up-to-date definition of ESG, guidance on defining a strategy for sustainable buildings, and an explanation of the role of technology and data in achieving your ESG commitments.

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Glossary

IoT | Internet of Things

IoT and IWMS allow you to capture, analyze and utilize building data, resulting in a proactive facilities management operation and more efficient use of assets

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Glossary

Facility Service Management

Facility Service Management is the practice of providing facility services, such as planned or condition-based maintenance, security, cleaning, and workspace management to an organization.

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Glossary

Workplace Management Software

Workplace management software combines facilities, assets, services, tech, and processes needed to provide the best environment for employee productivity

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Glossary

Space Management

Space management is the management of an organization’s physical space inventory. This involves tracking how much space an organization has, managing occupancy information, and creating spatial plans.

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Glossary

What is Facility Management Software?

Facility Management (FM) software optimizes management of facility processes by improving planning, simplifying procedures, reducing costs and enhancing reporting.

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Glossary

IWMS | Integrated Workplace Management Systems

IWMS software enables executives and managers to reduce facility management costs and increase business productivity, compliance, and transparency.

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Glossary

CMMS | Computerized Maintenance Management System

CMMS software supports maintenance planners, engineers, real estate owners, and service providers to ensure streamlined and compliant execution of work.

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Glossary

Campus Management

Real estate and facilities management professionals are turning to integrated campus management solutions to enhance the learning experience and environment they provide to campus users.

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Glossary

Lease Accounting

Leasing is a common financial solution that enables companies to use real estate properties, assets and equipment without initial investments and large initial cash outflows. Leasing is also a common practice to increase portfolio flexibility.

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Glossary

Property Management Software

Property management software supports the automation of processes like portfolio management, transaction management, lease management, and (capital) project management for real estate owner and occupiers.

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Glossary

FSM | Field Services Management

Field Service Management (FSM) is an essential strategy to enable facility service providers to deliver safe, clean, and comfortable facility experiences.

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Glossary

EAM | Enterprise Asset Management

Enterprise Asset Management or EAM pis the entire lifecycle management of the physical assets of an organization such as buildings, installations, infrastructure and real estate assets.

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Glossary

CAFM | Computer Aided Facility Management

CAFM software enables facility managers in relation to space and move management, reactive and planned maintenance, operational facility services and more.

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Glossary

Planned Preventative Maintenance (PPM)

Planned preventative maintenance (PPM) can be time or condition-based and allows you to reduce reactive maintenance and associated costs for your buildings.

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