introduction

Secrets of success of successful GmbH managing directors: What do they do differently?

Secrets of success of successful GmbH managing directors: What do they do differently?

Successful GmbH managing directors are characterised by specific features and strategies that set them apart from their competitors. While many managing directors struggle with the daily challenges of company management, these leaders have learnt to make the best use of their resources and develop a clear vision for their company. According to a study by the Association of German Chambers of Industry and Commerce (DIHK), 63% of managing directors are convinced that a clear communication strategy and effective personnel management are the keys to the success of their [...]

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Sustainable Development Goals (SDG): Challenges and opportunities

Sustainable Development Goals (SDG): Challenges and opportunities

Sustainability goals, also known as the Sustainable Development Goals (SDGs), were launched by the United Nations in 2015 and form a global framework for sustainable development by 2030. A total of 17 goals were defined that address a variety of social, economic and environmental challenges. These goals are not only important for governments, but also for companies, civil society and individuals. They aim to eradicate poverty, reduce inequalities

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IFRS 16: New rules for leases

IoT in maintenance: efficient technology for system maintenance

The Internet of Things (IoT) refers to a network of physical objects that are equipped with sensors, software and other technologies to collect and exchange data. These objects can include anything from household appliances to industrial machines. The idea behind IoT is to improve the interaction between devices and people by enabling them to communicate information in real time. This networking enables companies to

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The importance of IT security

Are cloud-based CAFM solutions really secure?

At a time when cloud-based solutions are becoming more and more important, the question of the security of these technologies in the field of computer-aided facility management (CAFM) software arises. While innovative CAFM software providers offer undeniable advantages in terms of flexibility and cost savings, concerns about data protection and security are not negligible. According to a survey by Gartner, 70 % of respondents stated that they have security concerns about cloud-based solutions, which makes the

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Project goals: Effective strategies for successful results

Project goals: Effective strategies for successful results

Project objectives are the basic building blocks of any project and serve as a guideline for all those involved. They define what is to be achieved and provide a clear direction for the planning and implementation of project activities. In today's dynamic business world, where requirements and conditions can change quickly, it is essential that project objectives are precisely formulated and well thought out. Not only do they help to keep the focus on the desired results, they also

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IFRS 16: New rules for leases

IFRS 16: New rules for leases

IFRS 16, which came into force in January 2019, represents a significant change in the accounting of leases. The standard was developed by the International Accounting Standards Board (IASB) to increase the transparency and comparability of financial reporting. Prior to the introduction of IFRS 16, companies had to distinguish between operating leases and finance leases, which often led to an incomplete presentation of financial obligations. With the new regulation, a

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Building maintenance: Why preventive maintenance is the key to reducing costs

Building maintenance: Why preventive maintenance is the key to reducing costs

Building maintenance is a key aspect of facility management that is often underestimated. But did you know that preventive maintenance can save up to 30% of maintenance costs? This finding is supported by numerous studies, and it is no longer a secret that a well thought-out maintenance strategy not only increases the longevity of facilities, but can also significantly reduce operating costs. Focusing on preventative measures means identifying and minimising potential problems.

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Predictive maintenance: Effective maintenance

Predictive maintenance is a strategic approach to maintaining machinery and equipment that aims to predict and prevent potential failures before they actually occur. This method uses data analyses and modern technologies to continuously monitor the condition of equipment. In contrast to reactive maintenance, in which measures are taken after a failure, or preventive maintenance, which is based on set time intervals, predictive maintenance makes it possible to

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Lease accounting: new rules and effects

Lease accounting is a key aspect of accounting that is of great importance to companies. It refers to the way in which leases are recognised and reported in a company's financial statements. Leasing is a widely used form of financing that allows companies to utilise assets without acquiring them directly. This can be particularly beneficial for companies that want to preserve their liquidity while gaining access to modern technologies.

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10 surprising benefits of CAFM software that you didn't know about

10 surprising benefits of CAFM software that you didn't know about

In today's world, where technology and efficiency are the name of the game, the importance of CAFM (Computer-Aided Facility Management) software is often underestimated. Many may think that this software only offers precise planning of maintenance work or the management of room utilisation. But far from it! There are numerous surprising benefits that can help you optimise your facility management processes and save time and money in the process. We have compiled 10

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Comparison: CAFM vs. traditional facility management methods

Comparison: CAFM vs. traditional facility management methods

The world of facility management has developed rapidly in recent years, and with it the methods used to manage buildings and facilities. Traditional facility management methods, often characterised by paper documentation and manual effort, stand in stark contrast to modern solutions such as computer-aided facility management (CAFM). These new tools not only offer centralised data management, but also an increase in efficiency, which is crucial in a time of rising costs.

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Digitalisation in the German healthcare sector

Digitalisation in the German healthcare sector

Digitalisation has initiated a far-reaching change in the German healthcare system in recent years. It enables more efficient patient care, improves communication between players in the healthcare sector and promotes the development of innovative treatment methods. Digital technologies allow medical data to be recorded, processed and analysed more quickly, leading to better diagnostics and treatment. The introduction of electronic patient records, telemedicine and digital health applications has the potential to significantly improve the quality of medical care.

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The dark side of CAFM and SAP: What nobody tells you

The dark side of CAFM and SAP: What nobody tells you

In the world of facility management, CAFM and SAP are two dominant terms that are often mentioned in the same breath. However, while many extol the benefits of these systems, there are also less illuminated sides (perhaps even showstoppers for you) that organisations should be aware of before deciding on a solution. A comparison of "CAFM vs SAP" reveals not only differences in functionality, but also challenges in implementation and

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LEED vs BREEAM: The most important differences

LEED vs BREEAM: The most important differences

LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method) are two of the best-known certification systems for sustainable construction worldwide. LEED was developed in the USA and has become a leading standard for environmentally friendly buildings since its introduction in 1998. It offers a comprehensive assessment of buildings in terms of energy efficiency, water management, material selection and interior quality. BREEAM, on the other hand, has its origins in the United Kingdom

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Digital transformation in Germany: opportunities and challenges

The digital transformation has become a key issue in Germany in recent years, affecting not only companies but also society as a whole. At a time when technological innovations are advancing at a rapid pace, it is crucial for Germany to adapt to these changes. The digital transformation involves not only the implementation of new technologies, but also a fundamental change in the way companies

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Cloud computing: the future of data processing

Innovations in cloud technology: the future of IT

Cloud technology has become an indispensable part of the IT industry in recent years. It enables companies to store and manage their data and applications over the internet instead of having to rely on local servers or hardware. This flexibility has not only revolutionised the way companies design their IT infrastructure, but has also significantly increased the efficiency and agility of business processes. By utilising cloud services, companies can

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Photo Smart Building

Facility Management Trends: The future of building management

The digital transformation has brought about a profound change in facility management in recent years. By utilising modern technologies such as cloud computing, big data and artificial intelligence, facility managers can now work more efficiently and significantly reduce operating costs. These technologies enable comprehensive analyses of building data, allowing managers to make informed decisions. For example, by analysing energy consumption data, patterns can be identified that indicate inefficient systems. Such

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