8 Advantages of Using Matterport for Facilities Management & Asset Tracking

Businesses are always on the lookout for smarter ways to manage their spaces and assets. 

We use Matterport 3D cameras as the most efficient, effective method to survey your existing buildings and report on the building layouts and conditions to manage maintenance and develop remodelling plans.

By capturing high-resolution scans, Matterport creates virtual replicas of spaces, simplifying tasks like asset tagging, inventory management, and maintenance scheduling. Plus, digital twins make remote inspections a breeze, saving time and hassle during audits or inspections.

In this article, we’ll explore ten reasons why Matterport is a game-changer for facilities management and asset tracking, and show you why it can rethink how you approach facilities and assessment tracking.

1. High-Resolution Scans for Accurate Representation

Matterport’s technology uses high-resolution scans to meticulously capture every detail of a space, producing virtual replicas that offer incredible accuracy in representing buildings and layouts. 

These scans go beyond traditional 2D imagery, providing a three-dimensional perspective that enables users to navigate and explore spaces as if they were physically present. 

This level of detail ensures that facilities managers and asset trackers have precise visual representations of their assets, facilitating more effective decision-making processes and enabling better-informed maintenance and management approaches.

2. Streamlined Inventory Management

Matterport’s digital twins make inventory tracking super simple by offering visual representations of assets with exceptional clarity. 

This feature allows facilities managers to efficiently manage their inventory by visually identifying and categorising assets within the virtual replicas of their spaces. With this capability, tracking assets becomes more intuitive and less prone to errors, leading to smoother inventory management processes. 

Plus, the visual nature of Matterport’s technology helps quickly identify discrepancies as well as conduct audits – both of which ultimately save time and reduce all operational costs associated with inventory management.

3. Remote VR Inspections for Time and Cost Savings

One of the biggest advantages that Matterport’s cameras bring is how much time and money they save when it comes to remote inspections.

Traditional on-site inspections often require lengthy planning and coordination, involving travel arrangements and scheduling conflicts. 

Through its VR capabilities, Matterport’s tech allows inspectors to assess facilities remotely faster and with even better accuracy. This eliminates the need for frequent travel to the physical site, which again costs time and money. 

Additionally, remote inspections minimise disruptions to ongoing operations, as inspectors can analyse the virtual replicas at their convenience without interrupting daily activities. 

4. Versatile Applications Across Industries

There are so many industries that can benefit from Matterport’s technology.

This is because it offers such a wide range of applications suitable for several different industries. For example, in childcare centres, Matterport can help design engaging environments that aid in children’s growth and development. 

Using visual representations, teachers can arrange toys, furniture, and learning materials to create stimulating spaces for children. Additionally, by virtually exploring the layout, teachers will find it easier to spot any potential hazards or areas that need to be made safer. 

Another example would be residential homes and offices. Architects and interior designers can use Matterport scans to accurately assess the layout and dimensions of spaces, aiding in the planning process.

In the hospitality industry (including things like restaurants, hotels, and spas), Matterport can improve facilities management by allowing managers to virtually explore the premises by identifying maintenance needs and ensuring compliance with safety regulations more efficiently.

5. Guided Predictive Maintenance Decisions

Having detailed visual insights into various assets found in facilities is another huge bonus Matterpot brings. 

Being able to visualise elements like HVAC systems, electrical panels, machinery, and infrastructure such as pipes and conduits provides facility managers with a much better understanding of their operational status. 

For example, in a manufacturing plant, managers can closely monitor machinery components like conveyor belts, motors, and robotic arms. This level of visibility allows them to anticipate potential issues such as wear and tear or overheating – preventing potentially costly breakdowns.

By capturing comprehensive information about the condition of assets and facilities, Matterport allows facilities managers to spot maintenance needs before any major issues pop up. 

Ultimately, this helps prevent downtime and extends the lifespan of the equipment being used.

6. Enhanced Collaboration Among Stakeholders

Any piece of tech that’s able to streamline communication and cut out the back-and-forth with stakeholders is incredibly beneficial. 

Not only does this save time, but having a shared platform where users can explore and discuss virtual replicas of spaces helps speed up decision-making processes and provides more clarity over the project. 

This means that architects, engineers, and facility managers can collaborate more effectively by visually assessing the layout and condition of a space together. For example, architects can easily communicate design concepts to engineers and facility managers, who can provide valuable input on feasibility and practicality. 

With Matterport’s virtual replicas, all stakeholders can visualise the proposed changes in real time, ensuring everyone is on the same page before any physical alterations are made.

7. Clear Asset Documentation

Documenting assets can quickly become a laborious and time-consuming task. 

With high-resolution scans and virtual replicas of spaces, Matterport captures detailed visual data of every asset within a facility. This means that managers can easily create comprehensive records of items like shelves, racks, and inventory with just a scan. 

This clear documentation serves multiple purposes, helping with inventory management, sharing knowledge, and addressing staff turnover.

Access to such detailed asset documentation makes tracking asset histories, identifying maintenance needs, and streamlining operations, so much easier and far more efficient.

8. Optimising Space Utilisation

Digital twins offer a remarkably accurate representation of the physical space, enabling remote audits that save time and reduce disruptions.

Imagine an office environment where managers can effortlessly analyse the layout to identify areas of inefficiency or underutilisation. This capability empowers organisations to make informed decisions about space allocation, potentially reducing overhead costs and maximising productivity. 

Leveraging Matterport’s data-driven insights allows businesses to create tailored environments that optimise every square foot, leading to enhanced operational efficiency and improved workplace dynamics.

Conclusion

It’s clear that Matterport’s technology is changing the game in facilities management and asset tracking. 

Using its 3D cameras and digital twins, businesses can find smarter ways to manage their spaces and assets. 

Whether it’s simplifying inventory management for retail stores, optimising space in office buildings, or conducting remote inspections around manufacturing facilities, Matterport provides a versatile solution that meets the needs of pretty much any industry.

As we move forward, it’s exciting to see how Matterport will continue to innovate and reshape the way we manage our spaces and assets.

Take a look below at a recent Matterport 3D virtual tour that our team captured.

Summary: 8 Key Benefits of Using Matterport for Facilities Management & Asset Tracking

Accurate 3D Scans – High-resolution digital twins capture detailed layouts for precise decision-making

Simplified Inventory Management – Easily track and categorise assets with visual clarity, reducing errors

Remote Inspections – Conduct VR inspections anytime, cutting travel costs and minimising disruptions

Versatile Across Industries – Used in childcare, real estate, hospitality, and more for enhanced planning

Predictive Maintenance – Identify issues early to prevent costly breakdowns and extend asset lifespan

Improved Collaboration – Stakeholders can review virtual spaces together, streamlining communication

Clear Asset Documentation – Effortlessly maintain detailed, up-to-date records of assets and layouts

Optimised Space Utilisation – Analyse layouts remotely to maximise efficiency and reduce overhead costs