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Facilities Management in the UK: 2023 Progress Report & Webinar
The UK FM Market: What's Getting Better and What's Not?
A RECAP: WHERE WE STARTED
In October of 2023, we embarked on an essential mission. Through our groundbreaking webinar: “12 Reasons Why the UK FM Market is Screwed and its a Good Thing”, we unveiled the pressing challenges, creating waves and sparking much-needed conversations across our industry.
PROGRESS REPORT: THE FM LANDSCAPE ONE YEAR LATER
The FM market is stabilising after the turbulence caused by the COVID-19 pandemic and other issues. The focus is now on specialization, comprehensive packages, technology, and sustainability. Real estate players are becoming more active in managing the supply chain of buildings, and there is a talent shortage in both the FM industry and the buyer side. The lack of an interest report and the need for companies to position their brands are causing challenges in the reactive market.
Collaboration with buyers is underway to improve data gaps and provide better insights. Insourcing and reprocurement are popular trends, but there is a decline in frameworks, resulting in fewer contract opportunities. Retention is a challenge, and there is a lack of standardization and clear guidelines in the industry. Positive developments include sustainability initiatives, but there is a need for better transparency and accountability.
Accessing complete and accurate data on contracts is difficult, and the importance of investing in AI and new technologies is highlighted. A new platform called Lens is introduced to provide valuable insights into expiring contracts and the annual value of contracts. Integrated FM services are trending, and a tool has been developed to address data gaps and support buyers and suppliers. Collaboration, integration, and long-term growth are key factors in future-proofing the FM industry.
Collaboration with buyers is underway to improve data gaps and provide better insights. Insourcing and reprocurement are popular trends, but there is a decline in frameworks, resulting in fewer contract opportunities. Retention is a challenge, and there is a lack of standardization and clear guidelines in the industry. Positive developments include sustainability initiatives, but there is a need for better transparency and accountability.
Accessing complete and accurate data on contracts is difficult, and the importance of investing in AI and new technologies is highlighted. A new platform called Lens is introduced to provide valuable insights into expiring contracts and the annual value of contracts. Integrated FM services are trending, and a tool has been developed to address data gaps and support buyers and suppliers. Collaboration, integration, and long-term growth are key factors in future-proofing the FM industry.
TO KNOW MORE, CHECK OUT THE PROGESS REPORT WEBNIAR!
Join Baachu Founder, Baskar Sundaram, for a no-holds-barred evaluation as we delve deep into these critical questions. Let’s map out the actual strides we’ve taken since our last rendezvous, and pinpoint where the stagnation lurks.
KEY HIGHLIGHTS FROM THE WEBINAR
- State of UK FM Market Post Covid-19 and economic turmoil
- Where is the FM Market heading, addressing questions and challenges
- Challenge 1: Complexities present in the FM Market
- Changes over the past one year
- Addressing “Why is the public section challenging?” and “How to fill data gaps?”
- Challenge 2: OJEU Trackers and CPV codes miss tender opportunities
- Efforts made to refine & cleanse the FM data and challenge 3 – Insourcing in NHS and Local Councils Projects are increasing
- Key trends in the UK FM Market, reprocurement shifts and framework streamline
- Reduction in the FM Contracts
- Challenge 4: Retention
- Challenge 5: Complex Stakeholder Matrix
- Challenge 7: FM suppliers are nowhere (somewhere) in ESG, sustainable consulting market
- Need for transparency & accountability in sustainability reporting
- Sustainability Disclosure Standards (SDS) Framework
- Challenges in comparing ESG reports across different companies
- UK FM Market: Financial Insights at a Glance
- UK FM Market Insights: The challenge of twisted data
- Baachu’s work on disruptive AI & free AI resources
- Central insights & where is Baachu heading
- Baachu’s Training Programs
- Introduction to Baachu Lens & What’s inside the platform
- Use case of Baachu Lens an All-In-One Intelligent Platform
PROGRESS REPORT: THE FM LANDSCAPE ONE YEAR LATER
Hello FM friends! It’s been a year since we sounded the alarm on the state of Facilities Management in the UK. Today, it’s time to reevaluate, recalibrate, and redefine our approach, ensuring that we’re on the path to progress.
A RECAP: WHERE WE STARTED
In October of 2023, we embarked on an essential mission. Through our groundbreaking webinar: “12 Reasons Why the UK FM Market is Screwed and its a Good Thing”, we unveiled the pressing challenges, creating waves and sparking much-needed conversations across our industry.
WHERE ARE WE NOW?
The tides of time have turned, and so has the landscape of #FacilitiesManagement. This juncture calls for an essential question: Have we steered the ship in the right direction or are we still adrift?
- Tech Integration: Is the synergy between technology, analytics, and FM only on paper, or have we seen tangible integrations?
- Sustainability Metrics: Have we genuinely advanced towards our sustainability goals, or is it still a PR stunt?
- Adaptations Across Sectors: How have key pillars – Private, Public, Real Estate, and PFIs – reshaped their approach to FM?
THE PROGRESS REPORT WEBINAR
Join me for a no-holds-barred evaluation as we delve deep into these critical questions. Let’s map out the actual strides we’ve taken since our last rendezvous, and pinpoint where the stagnation lurks.
The UK FM Market: What’s Getting Better and What’s Not?
September 19, 2023 | 10 am UK
Powered by the insights of Baachu Lens, our top-notch AI-driven competitive intelligence platform.
Powered by the insights of Baachu Lens, our top-notch AI-driven competitive intelligence platform.
THE PROGRESS REPORT WEBINAR
Join me for a no-holds-barred evaluation as we delve deep into these critical questions. Let’s map out the actual strides we’ve taken since our last rendezvous, and pinpoint where the stagnation lurks.
WHO ATTENDED THE WEBINAR?
- FM directors, managers, engineers, estates, and those holding the reins in facilities and procurement.
- FM pioneers and thought leaders hungry for the latest industry insights and updates.
- Stakeholders in Private, Public, Real Estate, and PFI sectors vested in FM.
- Tech Enthusiasts, property magnates, VCs, and sustainability trailblazers eager to learn about FM’s symbiosis with AI and sustainable methodologies.
- In essence, if you have a stake in the FM industry’s honest and transparent evaluation, this is for you.
TO KNOW MORE, CHECK OUT THE PROGESS REPORT WEBNIAR!
THE UK FM MARKET - WHAT IS GETTING BETTER AND WHAT IS NOT
Join me for a no-holds-barred evaluation as we delve deep into these critical questions. Let’s map out the actual strides we’ve taken since our last rendezvous, and pinpoint where the stagnation lurks.
FINAL THOUGHTS
In the spirit of constructive critique and fostering industry growth, let’s continue our indispensable dialogue. Together, let’s uncover FM’s current standing, celebrate the wins, and shine a light on areas that need more work.
FINAL THOUGHTS
In the spirit of constructive critique and fostering industry growth, let’s continue our indispensable dialogue. Together, let’s uncover FM’s current standing, celebrate the wins, and shine a light on areas that need more work.
I eagerly await our collective journey of discovery tomorrow.
NOTE: For those who can’t make it, fret not. Registrants will have access to the webinar recording on-demand.
I eagerly await our collective journey of discovery tomorrow.
NOTE: For those who can’t make it, fret not. Registrants will have access to the webinar recording on-demand.
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