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Technology innovations in facility management
Technology has transformed the way we live. While it is revolutionizing the way, we communicate and interact with one another, it's also affecting how businesses stay competitive in the 21st century.
In the modern world, companies need to stay on top of their game, which involves being technologically savvy. To help them do just that, facility managers are increasingly turning to new technologies- and there's no shortage of choices out there. They keep your facility running efficiently and effectively, subsequently shifting to integrated business management.
Why is the traditional way of facility management inefficient?
Typically, a facility management company works in isolation and plans individual projects based on clients' requirements. Using a traditional approach means that there is no effective way to measure the facilities' overall efficiency and thus improve upon them. It also lacks integration and standardization across facilities.
Source: https://www.ramco.com/blog/erp..../technology-innovati
Growing Importance of Cybersecurity in Enterprise Asset Management (EAM)
Digitalization has been a boon for every industry across the world. While digitalization of machines and equipment is opening up a wide array of opportunities and facilitating exponential growth, it throws a significant challenge of keeping the assets’ data safe. Responding to the continued operational and financial stresses which are a consequence of the pandemic will require the management teams to be skillful and bold in equal measure. With this, the leaders are under great pressure to accelerate the speed of innovation, or otherwise, they may have to face irrelevance.
However, while devising innovative strategies and finding way-outs to be the outperforming business and set the benchmark, maintaining a robust security system is crucial. This can be seamlessly done through an enterprise asset management software integrated with a secure ERP system.
Source: https://www.ramco.com/blog/erp..../importance-of-cyber
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