clean middle east
 
Clean Middle East Magazine
 
 
Middle East Facility Management Market to witness radical changes
Date: 20-05-2017

Middle East Facility Management - Cleaning Middle EastThe regional FM industry is at an inflection point, where past success recipes will cease to hold relevance, in light of increasing convergence, and the emergence of competition from unconventional sources. This is critical to note for an industry that was severely strained over the last 2 years in the Gulf Cooperation Council (GCC), being impacted by a slowdown in construction, cash flow issues, and a relatively low degree of sophistication.

“The return of pricing pressures, shift in authority to the customer, and uncertainty relating to the role that FM should play in the overall landscape of building management services, are major challenges that FM companies in the GCC need to address on their path to achieving growth,” said Frost & Sullivan Energy and Environment Research Analyst Suganya Rajan.

“A much needed overhaul of service-level agreements is yet to take off in the region. Many technologies are on the verge of breaking in - Internet of Things, Big Data, 3D printing, energy management, and the shift towards command centre models for managing buildings. This will force FM companies to re-look at the role that a CTO or CIO would play in their structure, and companies with a strong visioning process would surge ahead in the market.”

A white paper from Frost & Sullivan’s Building technologies practice, Disruptions in the GCC FM Industry, closely examines the threats and opportunities facing the GCC FM market. The study reveals that just acquiring intelligence on the market is no longer sufficient. Frost & Sullivan recommends that companies need to revisit their viewpoints – especially those relating to technology, customer management, and partnering.

The Kuwait, Oman and Bahrain markets, though relatively smaller, also present a favourable environment for FM companies to operate and grow within. However, the larger players will also face challenges, especially in terms of increasing growth and ramping up internal processes.

 
 
Clean Middle East Subscription  Subscribe to our Newsletter