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Efficient building management with software

Efficient building management is a key aspect for the optimal operation of buildings and facilities. It involves the systematic management and maintenance of properties, the effective utilisation of resources and ensuring a comfortable and safe environment for users. Well-structured building management has been proven to lead to cost savings while increasing the productivity and well-being of building users. The introduction of modern building management software enables the automation of processes, the centralisation of data [...]

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What is a multi-cloud strategy?

Flexibility and scalability are key characteristics of cloud services. Flexibility enables companies to quickly adapt their resources to changing requirements. This can include increasing storage or computing capacity to cope with peaks in demand. The scalability allows these adjustments to be made without great effort by adding or removing resources as required. Another advantage is the rapid implementation of new technologies and applications. This promotes the agility of companies and

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What does property yield mean?

The property yield is a key figure for investors in the property market. It quantifies the profitability of a property investment and is usually expressed as a percentage. The return can be calculated using various methods, but is generally based on the ratio between the income generated and the costs of purchasing and maintaining the property. A high return indicates a profitable investment, while a low return indicates a potentially less lucrative investment. As a key indicator

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Sustainability risks: Challenges for companies [with 3 examples]

Sustainability risks are factors that can jeopardise the long-term stability and success of a company. These risks include environmental, social and governance-related aspects. The most important areas include climate change, resource scarcity, human rights and corporate governance. It is essential for companies to identify these risks and incorporate them into their strategic planning in order to secure their future viability. Climate change represents a significant sustainability risk. Its effects on companies are manifold. Extreme weather events such as flooding or

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The future of cloud technology: innovation and growth

Cloud technology has evolved considerably since its beginnings in the 1960s. It was originally based on the concept of "time sharing", where multiple users could access a central computer at the same time. In the 1990s, the development of virtual machines led to the ability to run multiple operating systems on one physical computer, which formed the basis for the modern cloud infrastructure. Today, cloud technology encompasses a wide range of services, including Infrastructure as

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ESG rating: More successful through sustainability?

ESG rating refers to the assessment of companies in terms of their environmental, social and governance performance. This tool enables the sustainability aspects of a company to be analysed systematically and is becoming increasingly important for investors pursuing sustainable investment strategies. The assessment is based on a large number of criteria covering the three main areas: Environment: CO2 emissions, resource consumption, waste management Social: working conditions, human rights, product responsibility Corporate governance: transparency, anti-corruption, remuneration structures Specialised rating agencies collect and analyse the following data

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Real estate project development

Property project development is a multi-layered process that involves the systematic planning, development and realisation of property projects. This process involves several phases, including location analysis, market research, architectural planning, financing structuring and marketing strategy. As an integral part of the property sector, project development makes a significant contribution to the creation of new residential and commercial space. Successful property project development requires in-depth knowledge in various areas. This includes an in-depth understanding of the property market and knowledge of building regulations,

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Sustainability report: transparency and responsibility

Sustainability reporting is a central element of modern corporate management. It enables companies to systematically record and communicate their performance and strategies in the areas of environmental, social and governance (ESG). This form of reporting has become considerably more important in recent years, as companies are increasingly recognising and accepting their responsibility in environmental and social matters. Sustainability reporting covers a wide range of topics, including climate protection, resource efficiency, working conditions and diversity,

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Fix and flip properties: Successful renovation and sale

The property search is a complex process that requires careful planning and research. Firstly, investors should define their specific requirements in terms of location, size, facilities and property type. A thorough market analysis of the target region is essential in order to make informed decisions. Estate agents and online platforms can be valuable resources for property searches. When selecting a property, it is important to consider long-term perspectives. This includes assessing future developments in the neighbourhood, infrastructure projects and

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The differences between language models in AI

Language models are a central element of artificial intelligence (AI) and enable the processing and generation of natural language. They analyse and reproduce linguistic structures and patterns. Areas of application for AI language models include machine translation, text creation, speech recognition and chatbot development. This technology enables machines to communicate in a human-like manner and perform complex linguistic tasks. AI language models utilise various techniques and algorithms for language processing. They are based on statistical or rule-based approaches and require extensive training data. Despite the wide range of possible applications

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Increasing efficiency in facility management through hyper-automation

Hyperautomation in facility management is an advanced approach to process optimisation through the integration of modern technologies. Artificial intelligence, Internet of Things (IoT) and automation technologies are combined to improve processes and increase efficiency. This method enables the automation of recurring tasks, real-time data collection and analysis, and data-driven decision-making. The main benefits of hyperautomation in facility management include Increased efficiency through automation of manual processes Improved use of data for informed decision-making Cost reduction through optimised

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Sustainable corporate goals: ESG in focus

ESG stands for Environmental, Social and Governance and refers to the three key areas of sustainability in companies. These factors play a decisive role in the development and realisation of sustainable corporate goals. Companies that take ESG criteria into account integrate environmental and social aspects into their business strategy and focus on responsible corporate governance. This enables them to create long-term value, minimise risks and improve relationships with stakeholders. ESG criteria serve as an orientation framework for

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The power of big data: how data is shaping the future

Big data refers to the processing and analysis of data volumes that cannot be handled using conventional data processing methods due to their size, complexity and growth rate. This data comes from various sources such as social media, business transactions, the Internet of Things (IoT) and industrial systems. Big data is often characterised by the "3 V's": Volume (amount of data) Velocity (speed of data generation and processing) and Variety (variety of data formats). Analysing big data enables companies to

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Hyper-automation for FM service providers

Hyper-automation is an important concept in facility management (FM) that has become increasingly relevant in recent years. This concept aims to optimise processes, reduce costs and increase efficiency. By using hyperautomation, FM service providers can automate recurring tasks and utilise their resources more effectively. The implementation of hyperautomation enables FM companies to react more quickly to changing requirements and improve service quality for customers.

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Amazon AWS, Azure and Oracle: cloud and data services

Amazon Web Services (AWS) is a leading cloud platform that offers a wide range of services. These include computing, databases, storage and content delivery. AWS enables companies to move their IT infrastructure to the cloud and benefit from scalability, flexibility and cost efficiency. The platform is used by companies of various sizes and industries. AWS offers numerous services that enable companies to operate applications and workloads in the cloud without having to worry about the

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Efficient property management with CAFM software

CAFM software (Computer Aided Facility Management) is a specialised software solution for the efficient management of properties and buildings. It offers facility managers a comprehensive platform for organising and optimising all building-related processes. The main functions of CAFM software include: 1. maintenance management 2. maintenance planning 3. space planning and management 4. resource management 5. energy management 6. contract management 7. budgeting and cost controlling CAFM software centralises all relevant building data and information, resulting in an improved overview and more efficient decision-making.

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When is a CMMS the right choice for you?

A CMMS (Computerised Maintenance Management System) is an advanced software solution for optimising maintenance and servicing processes in companies. These systems act as a centralised data management tool for all plant and maintenance-related information. CMMS solutions enable the efficient planning of maintenance work, the management of work orders, the tracking of spare parts and the continuous monitoring of plant performance. The core functions of a CMMS include: 1. creation and management of maintenance schedules 2. work order management 3. spare parts and material management 4.

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Future developments in the CAFM sector

Computer Aided Facility Management (CAFM) refers to the use of information technology for the efficient management of properties and facilities. CAFM systems integrate various functions such as space planning, maintenance management, energy management, environmental and sustainability management as well as the integration of IoT devices and artificial intelligence. These systems process and analyse large amounts of data to enable informed decisions and increase the efficiency of properties and facilities. In recent years, the implementation of CAFM systems has increased significantly as companies

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Proven practice: Maintenance manual for standardisation

The maintenance manual is an essential tool for companies to optimise and standardise their maintenance processes. It acts as a comprehensive guide for planning, carrying out and monitoring maintenance work and contributes significantly to increasing efficiency and reducing costs. Typically, maintenance manuals contain detailed information on maintenance processes, policies and procedures. They serve as a reference for maintenance personnel and help to ensure the quality and reliability of plant and machinery. The relevance

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