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How technology is advancing capital planning
Corporate Real Estate Journal,
12
(1),
17-25
(2022)
Abstract
This paper examines the shortcomings of current capital planning methods, most notably the facilities condition assessment (FCA). The FCA as we know it today does not provide the data and other deliverables needed for effective capital planning; however, new technologies are changing that. This paper describes key ways technology is already and will continue to accentuate the FCA and capital planning processes.
Keywords: capital planning; facilities condition assessment; digital twin; capital planning platform; CMMS
The full article is available to subscribers to the journal.
Author's Biography
Derek Blackmore is President of AkitaBox. His passion for and understanding of buildings started early, with various jobs in the construction industry prior to and after college. Over the past decade, he has held various roles in high-growth technology companies. His focus has always been on building value with clients through best-in-class software solutions. Derek combines his love of buildings and his software experience to drive AkitaBox to deliver creative facilities management tools. He believes technology is most valuable when it addresses long-standing, industry-wide challenges, while enabling closer alignment to and pursuit of the overall mission of the organisation.
