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AI holds the potential to deliver significant benefits for economies and societies—from enabling new business models and driving operational efficiencies to the provision of accurate predictive outcomes. As AI promises to create immense value, organizations have started adopting it. However, the deployment of AI is a journey as organizations st...

A digital twin (DT) is a simulated clone of a tangible item or an intangible system/process that users can study independent from its real-world counterpart to aid decision-making. DT technology initially saw application in the production and engineering fields with Industry 4.0, but it has advanced and become revolutionary in the healthcare indust...

Food safety has gained momentum in recent years mainly due to rising consumer awareness towards the type of food and beverage products consumed. Incidents of food recalls mainly due to contamination by microorganisms and other toxins/ chemicals that can cause foodborne illnesses have also raised the need for proper food safety measures from “farm t...

Space launch services refer to services where a payload (cargo, satellites, research probes) is transported into space. The launch service market has become an increasingly integral component of the broader space value chain, driven by satellite launches for various applications—communication, Earth observation, and position, navigation and timing....

Level 4 automated driving will transform how vehicles are designed from the inside out. With minimum-to-no driving activity involved, vehicle interiors will undergo a complete makeover to offer a more luxurious cabin with a whole new set of comfort and convenience features to provide an exceptional ride experience to passengers. Autonomous shuttles...

Launched on November 30, 2022, ChatGPT reached 1 million users in five days, the second fastest application to hit that milestone in history. GPT stands for generative pretrained transformer a large language model (LLM) developed by OpenAI in 2018. It has been trained on 175 billion parameters, making it one of the largest language models currently...

Smart materials are acquiring great importance in several fields thanks to their unique properties, ability to enhance performance, and consumer expectations about adaptive responses. These advanced materials are stimuli-responsive and will play a crucial role in revolutionizing the automotive industry. The adoption of smart glazing technologies an...

Demand for connected and automated systems in buildings is rapidly increasing. The heating, ventilation, and air conditioning (HVAC) system is one of the most crucial operations components of a building, and it is integral to the digital transformation of building systems. Besides the decarbonization of buildings, advancement of HVAC systems is...

17 Nov 2022  |  Europe  |  Market Research

UK Facility Management Growth Opportunities

Disruptive Technologies and Sustainability Goals to Support Facility Management Growth

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The facility management (FM) market in the United Kingdom is transforming, driven by technology innovations, new business models, emerging value propositions, sustainability, and creative service offerings. The UK FM market is the largest in Europe and one of the most developed, dynamic, and mature in the world. It has a highly competitive internat...