Data standardisation refers to using consistent methods for collecting data, although this is a very basic and somewhat eneric description of what it truly is.
If we delve in deeper, data standardisation is the process used for transforming data to fit a constrained and predefined set of values – ultimately, relying on uniformity to improve efficiencies.
But why is this important from a property and facilities management perspective? Why must property and facility managers be aware of what standardising data collection is and why it matters? What benefits can they expect in doing so?
The entire standardisation process focuses on collecting and reporting data in a more efficient way.
For example, if you run a property or facilities management business and are dealing with multiple locations, keeping track of every asset’s various maintenance needs can get quite challenging.
However, if you standardise records across all the sites by using a specialised software or app that allows you to conduct extensive property audits, and inspections, and then create reports – you’ll immediately get a bird’s eye view of which assets are being worked on at any point in time and which ones require maintenance in the coming days or weeks.
Let’s go over a practical example to demonstrate the above:
Maintenance record format – All maintenance records, no matter what their type or location, can be standardised to follow a set format within the inspection app or software. The format may include fields like materials used, hours spent, personnel involved, maintenance date, and job description.
Standardising data collection is important for several reasons. If we talk about maintenance alone, for example, it can help you make vastly better decisions by ensuring that all your data is consistent and accurate at all times. This can be very helpful when multiple personnel are working on the same project – it ensures that everyone has access to the same real-time data at any given time.
Furthermore, standardisation lets you analyse data in a far more efficient and effective way – fewer variables are involved as you acquire information from various sources, which means you can potentially save a lot of time as you collect information instantly – as opposed to analysing the significance of the data you collect down the line and then try to make heads and tails of what happened during a specific inspection.
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Data standardisation refers to using consistent methods for collecting data, although this is a very basic and somewhat generic description of what it truly is. If we delve in deeper, data standardisation is the process used for transforming data to fit a constrained and predefined set of values – ultimately, relying on uniformity to improve efficiencies.
The previous year was a roller coaster for the commercial property sector, with both landlords and tenants facing unique challenges. It looks like 2023 is also going to be a challenging year for landlords – with the higher increased rates and Section 21 changes, for instance – and for tenants as well, who are finding it to keep up with rental demands owing to the inflation and the current cost-of-living crisis.
When an economic shock or recession hits, all properties are impacted. However, commercial properties must bear most of the brunt because a lower demand in the building, sale, and letting of commercial properties means that businesses cannot function as effectively and contribute to the economy as they normally would.
There’s no escaping technology and the impact it has had on our lives, making everything from ordering something online to power up our home appliances from several miles away really easy. Technology has also fundamentally changed how landlords and letting agencies, for example, buy, manage, and operate spaces – making lives easier for tech-savvy homeowners and demanding tenants alike.
The public at large believes that housing inspections should be in the hands of local councils – at least, according to this survey. Conducted by the APSE (Association for Public Service Excellence) reported that 59% of the public are in favour of Building Inspections by local councils, while 23.4% support private inspections.
In 2021, UK commercial properties contributed on average, 20% of carbon emissions, according to a report published by the Committee on Climate Change. Furthermore, in larger cities, including London, commercial buildings were responsible for more than 70% of the city’s emissions on a whole.
The UK happens to be the most influential property technology or ‘PropTech’ hub in the world, despite Brexit-related problems and uncertainty. As well as the global pandemic, which hit the UK just as hard as some of the worst-hit countries.
The commercial property sector has an important role to play in the UK economy, not only in terms of a direct and indirect output generator, but also in terms of helping retailers, financial services and other businesses boost production.
Technology can transform facilities management (FM), helping you save on costs and drive efficiencies. For many businesses and organisations, their three main expenses are: Employees, Technology, Facilities. However, in the rush to recruit talent and keep up with new technology, organisations can end up overlooking their facilities.
Facilities managers must adapt to changing recommendations, regulations and legislation. There has been Government consultation for the Future Buildings Standard, on proposed changes to fuel and power conservation and ventilation in building regulations.
