October 2, 2023

Buzz News Nigeria

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Aramide Akin-Bankole Seeks Leveraging Data Analytics for Improved Decision-Making In Facility Management

A facility management expert, Mrs. Aramide Akin-Bankole has urged facility managers to embrace data analytics for improved decision-making in facility management.

Akin-Bankole stated that in today’s rapidly evolving world, data analytics has emerged as a powerful tool across various industries, and facility management is no exception.

The expert said in a statement she personally signed that harnessing the potential of data analytics, facility managers can make more informed decisions, enhance operational efficiency, and drive sustainable practices.

On unlocking the power of Data Analytics, she said that data analytics involves extracting meaningful insights from vast amounts of data to guide decision-making.

Akin-Bankole said that in facility management, “this process encompasses collecting, analyzing, and interpreting data to optimize operations, improve maintenance practices, and enhance the overall occupant experience.”

She explained that by leveraging data analytics, facility managers gain a deeper understanding of facility performance, enabling them to make proactive decisions based on real-time information.

“One of the primary advantages of data analytics in facility management is the ability to enhance operational efficiency. By integrating data from various sources such as sensors, energy meters, and maintenance records, facility managers can identify patterns, trends, and anomalies.

“This information enables them to optimize resource allocation, streamline workflows, and reduce operational costs.

“For example, data analytics can help identify energy consumption patterns, allowing for the implementation of energy-saving measures that result in substantial cost savings.

“Facility managers face the challenge of maintaining critical assets to minimize downtime and maximize their lifespan.

“Data analytics plays a pivotal role in predictive maintenance, where algorithms analyze historical data and real-time sensor readings to predict potential equipment failures,” the statement read.

She explained that by identifying patterns and anomalies in asset performance, facility managers can schedule maintenance activities proactively, reducing unplanned downtime and optimizing maintenance costs.

This data-driven approach, she said, ensures that resources are allocated efficiently and helps extend the lifespan of assets.

She also stated that facility management extends beyond the physical infrastructure; and that it encompasses creating environments that foster productivity and well-being for occupants.

“Data analytics can provide valuable insights into occupant behavior, preferences, and comfort levels.

“By analyzing data from sensors, surveys, and feedback systems, facility managers can tailor spaces to meet the specific needs of occupants.

“This may include optimizing temperature and lighting settings, enhancing indoor air quality, or identifying areas for spatial reconfiguration to improve collaboration and productivity.

“Data analytics empowers facility managers to create spaces that promote occupant satisfaction, resulting in increased productivity and employee well-being.

“As organizations strive to adopt sustainable practices, data analytics offers a pathway towards achieving environmental goals in facility management.

“By analyzing energy consumption patterns, waste generation, and water usage, facility managers can identify areas for improvement and implement targeted initiatives,” she said.

According to her, data-driven insights can drive energy efficiency measures, promote recycling programs, and optimize water usage, contributing to a greener and more sustainable facility.

She stressed that data analytics can help monitor and reduce greenhouse gas emissions, aligning facility operations with broader environmental objectives.

“In an increasingly data-driven world, leveraging data analytics has become crucial for making informed decisions in facility management. By harnessing the power of data, facility managers can enhance operational efficiency, optimize maintenance practices, improve the occupant experience, and drive sustainable initiatives.

“The applications of data analytics in facility management are diverse and far-reaching, benefiting organizations of all sizes and industries.

“Embracing data analytics empowers facility managers to navigate complex challenges, make data-backed decisions, and create environments that maximize efficiency, sustainability, and occupant well-being.

“As the facility management landscape continues to evolve, embracing data analytics will be a key driver for success,” she said.

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