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Cloudfm to Launch GreenTech Asset Management Solution at Vistage EMEA Summit

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Cloudfm will address an international audience of business leaders at the Vistage EMEA summit on 23rd November in Lisbon, Portugal when it launches patented IoT building asset monitoring solution, Mindsett PRISM.

The facility services provider has teamed up with The Reef Company,  which is showcasing its coral reef-building technology, to provide businesses with innovative ways to meet their environmental goals.

Mindsett PRISM delivers data to a cloud-based dashboard and app, and encourages users to make practical environmental changes.

Our goal is to accelerate positive change and support companies on their journey to net zero.

“The Vistage Summit provides a global platform for the international launch of our innovative technology”, says Cloudfm CEO, Jeff Dewing. “Delegates will be able to see the PRISM box in action and experience how the data it generates shows the performance of assets in real time and builds a longer-term profile of the asset to inform procurement decisions and achieve predictive maintenance.

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“Our goal is to accelerate positive change and support companies on their journey to net zero. The technology helps businesses be first to the future by addressing the obstacles associated with reducing carbon emissions. The Mindsett PRISM solution is already producing results for clients across various industries, following years of research and development.”

Property managers can effectively target energy and resource usage by combining IoT, AI, and machine learning, reducing costs and waste and building an asset data index to enable predictive maintenance. According to the company’s data, users achieve 23 per cent energy savings on average in large multi-site operations.

The platform can be integrated with existing systems and workflows, making it easy for organisations to adopt without disrupting their operations. The system is designed to be user-friendly, with intuitive dashboards and apps and interactive reports that provide actionable intelligence.

Cloud has received international recognition for its innovative thinking and applications, with the research that informed the development of Mindsett recently recognised by The University of Essex in its ‘Celebrating Excellence in Research and Impact Awards 2023’. Cloudfm was awarded ‘Best Research Impact in Enterprise and Innovation’ for its work in predictive maintenance to reduce equipment downtime and improve FM analysis and asset monitoring.

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Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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