Virtual Reality (VR)
VR is set to expand its reach for 2018. By using VR apps to see exactly how a product will appear, teams will be able to ensure new assets fit in designated areas without needing measurements or access virtual guides to show 3D visualisations of parts, machinery or even buildings. This will save time and reduce costly errors.
Blockchain
A blockchain records every transaction in an exchange, which can be viewed by anyone within that network, but cannot be owned, deleted or altered. This decentralisation also adds security as there is no point of weakness for hackers or malware, and devices can be authenticated and accepted (or otherwise) by the system. The popularity of blockchain for finance can be used within FM to speed up the supply chain with authenticated suppliers and transactions, secure against fraud or double payments; and also through the use of ‘smart’ contracts, where automated actions occur if certain rules are met (such making payment if goods have been dispatched), and the need for middle men is eliminated.
Source: Service Works Group (SWG)










