Global Real Estate, Energy & Facilities Survey 2017: Budgets, Priorities & Tech Preferences

Published 28 November 2017 by Ibrahim Yate &
Asset and Maintenance Management Building IoT Platforms Building Management System Energy Management Facilities Management Facilities Optimization Fault Detection and Diagnostics IWMS / CAFM Occupant Wellbeing Smart Buildings Smart Buildings Space and Workplace Management Global Survey

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Executive Summary

This report helps real estate senior executives to benchmark their facilities optimization strategies, current budgets and priorities with peers. It also helps providers of real estate and facilities technologies and services firms to align their business and product plans with market demand. Verdantix interviewed 302 real estate and facilities management budget holders from firms with revenues of at least $250 million to over $60 billion. The senior executives were from 16 different geographies (Australia; Brazil; Canada; China; the DACH region, covering Austria, Germany and Switzerland; France; Iberia, covering Spain and Portugal; India; Italy; Mexico; the Middle East, covering Saudi Arabia, Israel, Bahrain and the UAE; the Nordic region, covering Denmark, Finland, Norway and Sweden; South Africa; South East Asia, covering Singapore and Indonesia; the UK; and the US) and five sector groups (Business & Financial Services, Consumer Services, Energy & Basic Resources, Manufacturing as well as Retail & Consumer Products).

Table of contents

Global Real Estate, Energy & Facilities Survey 2017: Budgets, Priorities & Tech Preferences
Global Multi-Industry Survey Of Real Estate And Facilities Optimization Decision-Makers

Global Real Estate Agendas For The Next Three Years Reflect Multi-Dimensional Efficiency Drive
Real Estate Strategies Are Shaped By The Need For Efficiency, Optimal Working Conditions And Risk Minimization
The Next Twelve Months Will See Firms Prioritize Efficiency Measures Alongside Better Data Management

Underlying Demand And Budget Changes Point To Continued Market Growth
Firms With Growing Budgets Will Invest In Equipment And Software Solutions
There Is Underlying Demand For Both Mature And Innovative Technologies
Deployment Of Software Is Set To Continue Its Growth Across Maintenance And Space Management
Unlocking Greater Investments Requires More Than Just Extra Budget

Table of figures

Figure 1. Geographic Location Of Respondents
Figure 2. Industry Categories Of Firms Surveyed
Figure 3. Real Estate Strategic Objectives
Figure 4. Internal Factors Shaping Real Estate Strategies Over The Next Three Years
Figure 5. Market Trends Shaping Real Estate Strategies Over The Next Three Years
Figure 6. Real Estate Approaches To Technology Deployment
Figure 7. Real Estate Priorities Over The Next Twelve Months
Figure 8. Real Estate And Facilities Optimization Processes Outsourced To External Firms
Figure 9. Real Estate And Facilities Optimization Budget Sources 
Figure 10. Real Estate And Facilities Optimization Budget Changes
Figure 11. Real Estate And Facilities Optimization Technologies Deployment
Figure 12. Use Of Software To Support Real Estate And Facilities Optimization Processes
Figure 13. Barriers To Further Real Estate And Facilities Optimization Investment

Organisations mentioned

Accruent, ARCHIBUS, AXA, Axis, BidEnergy, CoWorkr, Cree, FM:Systems, Honeywell, IBM, Johnson Controls, Knight Frank, Lucernex, MCS Solutions, Mitie, Planon, RealWinWin, Rifiniti, Schneider Electric, Serraview, Siemens, Spire, Tango Analytics, Trimble, US Government Services Administration

About the author

Ibrahim Yate

Senior Analyst

Ibrahim is a Senior Analyst in the Verdantix Smart Buildings practice, which he joined in 2016. His current agenda covers innovation in software and hardware solutions for space management, workplace management, and workplace systems integration. Ibrahim holds an MSc from Imperial College London and MA from Cambridge University.

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