Nearly 50% of India’s public infrastructure vulnerable to climate change and urbanization: CBRE
The conference uncovered unique perspectives on how Smart Facilities Management can play a crucial role in anticipating and preventing equipment failures, reducing downtime, and optimizing resource allocation in real estate assets by adopting the latest technologies and innovations including, IoT sensors, AI-driven analytics, and machine learning algorithms, to enhance the overall performance of their real estate assets. Furthermore, better risk management practices can contribute to the longevity of assets. Regular inspections, maintenance, and upgrades can help identify and address potential vulnerabilities, reducing the likelihood of damage and ensuring the continued functionality of critical public infrastructure.