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PRESS RELEASE from provider: BusinessWire
This content is a press release from our partner BusinessWire. The AP newsroom and editorial departments were not involved in its creation.

Building Maintenance Services: Market Intelligence, Procurement Research, Supply Market Forecasts, Cost Drivers, Trends, Category Management Insights Now Available from SpendEdge

January 15, 2019

LONDON--(BUSINESS WIRE)--Jan 15, 2019--SpendEdge, a global procurement market intelligence firm, has announced the release of their .

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Global Building Maintenance Services Category - Procurement Market Intelligence Report. (Graphic: Business Wire)

Non-core functions such as building maintenance are increasingly being outsourced to reduce operational overheads and increase focus on core operations. The adoption of cutting-edge technologies such as IoT, BIM, machine learning, and artificial intelligence are attracting a sizable customer base who are outsourcing building maintenance functionalities to avail the benefits of such technologies at their facilities without the associated expenditure. Such factors will accelerate the category spend momentum in the years to come. copy of this market intelligence report to gain unrestricted access to the annual spend growth potential.

In the US, vacant office spaces are being filled up by companies in the e-commerce sector to establish warehouses. This, in turn, is spurring the demand for a range of building maintenance services. Stringent EHS policies prevailing in Europe and North America are also necessitating the implementation of building maintenance services. Rapid urbanization coupled with the faster pace of industrialization in the major economies in APAC will continue to drive the adoption rate of such services in the region.

A concise but functional analysis of the global market has been offered in this building maintenance services procurement research report. This analysis includes forecasts of demand and supply in various regions, category pricing trends, and recommendations from experts to aid strategic decision-making in this market. In this building maintenance services procurement market intelligence report, the category spend is analyzed from the perspective of the buyers and the suppliers. of this procurement research report to access information that is customized to your requirements.

“ Category managers are advised to create benchmarking studies to compare and comprehend labor rates of various services including inspection, cleaning, electrical maintenance, plumbing, and waste management,” says SpendEdge procurement expert Tridib Bora. “ This will aid in creating efficient negotiation strategies to achieve better cost savings,” added Tridib.

This building maintenance services procurement research report has estimated the following factors to influence the category growth in the coming years:

Service providers’ value-addition capability is a key selection criterion for buyers Growing trend of outsourcing will drive category spend Purchase the here!

SpendEdge’s procurement market intelligence reports for the facility management category provide detailed supply market forecasts and cost drivers that impact category growth. Such information will help procurement managers as well as the suppliers to determine the total cost of ownership and change their procurement strategies accordingly. Additionally, SpendEdge’s reports provide category management insights and information on the procurement best practices for the category.

Report scope snapshot: Building maintenance services

Category pricing insights

Pricing outlook Total cost of ownership analysis Supplier cost structure Interested to know more about the scope of our market intelligence reports?

Cost-Saving Opportunities

Supplier-side levers Buyer-side levers Quantifying cost savings by negotiation strategies Want customized information from the building maintenance services procurement research report?

Category ecosystem

Competitiveness index for suppliers Buyer power Supplier power score To view the table of contents of this market intelligence report,

Do you purchase multiple reports in a year? Our subscription platform, , provides ready-to-use procurement research reports for multiple categories. Now access latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. .

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About SpendEdge:

shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more,

View source version on businesswire.com:https://www.businesswire.com/news/home/20190115005448/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE

SOURCE: SpendEdge

Copyright Business Wire 2019.

PUB: 01/15/2019 08:30 AM/DISC: 01/15/2019 08:30 AM

http://www.businesswire.com/news/home/20190115005448/en