Companies with Multi-service Capabilities Change Landscape of Integrated Facilities Management
Integrated facilities management services are gaining popularity in North America as clients seek to outsource non-core activities to third parties. New analysis from Frost & Sullivan (www.BuildingTechnologies.frost.com), North American Integrated Facilities Management Services Markets, reveals that revenues in this industry totaled $12.39 billion in 2002 and are projected to reach $21.89 billion by 2009.
"Corporate America is rethinking its approach to facilities infrastructure, with an increasing number of companies concluding that outsourcing makes sense as a way to cut costs and focus on revenue-generating core competencies," said Frost & Sullivan industry manager Sanjiv Bhaskar.