ISS 2020 Vision Future of Service Management | Page 72

5.3 Trends in FM Service Management Megatrends Trends in Service Management Trends in Service Management related to FM & CRE The FM industry revolves around effectively managing and delivering a suite of B2B services to a diverse set of users, each with their own set of unique challenges, expected business outcomes and performance objectives. Future of FM Service Management will be about maximizing human utility, knowledge resources and facility assets. FM provides the physical cornerstone for business by providing an ever-evolving array of strategic support processes that integrate real estate, facilities service, talent, and asset management, among other things. 5.3.1 Revisiting ISS 2020 Vision: The Future of Outsourcing and Perspectives for Facility Management As reported in ISS 2020 Vision: The Future of Outsourcing and Perspectives for Facility Management, the corporate FM sector will continue to grow over the next few years, despite approaching market maturity – the industry continues to see improvements in terms of the number of contracts, business confidence levels, an improving economy and growth in the financial and service sector. 98 Survey results also indicate that higher expectations will be placed on FM service providers in the future (see figure 32). 98 ISS World Services, ISS 2020 Vision: Future of Outsourcing and Perspectives for Facility Management, White Book, 2015. 70