Driving Sustainable Innovation: Key Takeaways from the World Cities Summit 2024 (A Joint Article by CBM & Willowmore)
Singapore, 14 June 2024 - The World Cities Summit 2024, held in Singapore from June 2nd to 4th, proved to be a resounding success. It provided a valuable platform for governments and industry experts, like CBM and Willowmore, to address the challenges of creating liveable and sustainable cities.
Pioneering Sustainable Facilities Management
CBM and Willowmore were proud participants in this important conversation on facilities management (FM), showcasing their commitment to driving sustainability and efficiency. Their presence buzzed with activity as representatives connected with attendees, including renowned guests. A key highlight was the unveiling of a groundbreaking sustainability dashboard – an extension of their integrated FM platform, WMFacility.
The Sustainability Dashboard: Powering Efficiency in IFM Systems
Since its last public announcement, WMFacility has received significant upgrades. It now incorporates a Computerised Maintenance Management System (CMMS) module and features a comprehensive sustainability dashboard to track energy usage and carbon emissions.
The new sustainability dashboard represents a significant leap forward for IFM systems. It seamlessly merges functionalities like CMMS with a comprehensive sustainability dashboard, fostering greater automation and efficiency in FM operations. The platform not only automates workflows but also provides real-time tracking and analysis of energy usage and carbon emissions, paving the way for greener operations.
3 Steps to Enabling Sustainability with Technology in FM
The market demands a trifecta in facilities management: greater automation, improved efficiency, and a strong focus on sustainability. The WMFacility dashboard emerges as a perfect solution, enabling companies to achieve these goals through:
Automated Workflows: Create seamless workflows encompassing all your FM needs, including incident reporting, preventive maintenance, user/asset management, and more. Streamline your operations and free up valuable time.
Data-Driven Decisions for Greener Operations: Utilise the sustainability dashboard to track and analyse data and environmental markers. This allows for informed decisions to be made, contributing to greener operations and a smaller environmental footprint.
Leverage AI Command & Control: The power of AI is at your fingertips with an AI-powered chatbot. Simply ask for recommendations and implement strategies to achieve your sustainability goals.
We believe these three steps are crucial for making sustainability plans attainable, as demonstrated by CBM's journey with Willowmore:
Digitalisation: Integrate smart devices and platforms to capture data for better visualisation, analysis, and actionable insights. This is the foundation, transforming traditional operations by providing real-time data and analytics.
Integration & Aggregation: Break down silos. Integrate data across various FM services and aggregate data from all assets. This holistic approach fosters data-driven decisions, leading to improved operational efficiency, optimised manpower allocation, and cost savings.
Convergence, Control & Command: An AI-powered platform like WMFacility converges various aspects of FM operations, leading to enhanced efficiency. Generative AI simplifies command and control by allowing users to interact with a chatbot for recommendations and insights on meeting sustainability goals.
Market Trend and Business Strategy Driving the Adoption of Sustainable Practices
Surging demand for green buildings, stricter regulations, and advancements in smart building technologies like IoT and AI are driving the FM industry to adopt sustainable practices. This aligns perfectly with businesses integrating sustainability into their Corporate Social Responsibility (CSR) strategies, driven by financial incentives, green financing options, and stakeholder expectations.
Therefore, organisations are setting ambitious decarbonisation goals and prioritising transparency in sustainability reporting to remain competitive and aligned with global standards.
By automating data captured from utility bills, interval meters, and renewable assets, and integrating other data sources, these systems facilitate continuous monitoring, analysis, management, and reporting of energy and emissions across large, complex organisations.
This trend directly addresses the market's growing demand for sustainability, allowing businesses to comply with regulations, improve operational efficiency, and solidify their environmental credentials.
How CBM Has Adopted the Use of the Platform
CBM collaborated with Willowmore to develop a sustainability dashboard, a platform designed to help organisations manage and improve their Environmental, Social, and Governance (ESG) performance. The platform provides data collection, analysis, and reporting tools, enabling companies to meet regulatory requirements, achieve sustainability goals, and enhance transparency and accountability in their operations.
By deploying IoT sensors and smart devices at CBM's office and integrating utilities (electricity, water, gas) data, the platform creates a centralised hub for emissions, energy, water, gas, and waste data.
The Road to Sustainable Cities: A Paved Path
The World Cities Summit 2024 served as a powerful testament to the potential of technology in driving urban sustainability. With the launch of the sustainability dashboard, CBM and Willowmore are at the forefront of creating more efficient and sustainable FM operations.
The three key steps outlined here – Digitalisation, Integration & Aggregation, and Convergence with Command & Control – form a roadmap for achieving sustainability goals. By following this path, we can build a greener and smarter future for our cities.
ABOUT CBM
CBM Pte Ltd is a leading provider of facility management solutions in Singapore, with over 50 years’ experience. The company offers a full range of Integrated Facility Management (IFM) services, including managing agents, maintenance, cleaning, security, green consultancy, car park management, and laundry. They strive to provide the best quality service to meet clients' expectations and help them achieve their business objectives.
ABOUT WILLOWMORE
A Singapore-based technology company with international reach, Willowmore empowers organisations to transform operations through smart platforms. They specialise in secure smart access control systems and AI-powered analytics for various Internet of Things (IoT) devices like CCTV and sensors, catering to both enterprise and government clients seeking enhanced security, optimised operations, and a data-driven competitive edge.