CRE & the Quest for the Rosetta Stone: The All-in-One 3D Data Platform
The Race to 'Go 3D' is On! It seems like every building owner, corporate real estate director or smart campus operator I meet these days is trying to develop a 3D data platform strategy to consolidate all of their building and project data portfolio-wide, but they just don’t know how to get there.
Has this not been the Quest for the Holy Grail for many years? Wouldn’t it be amazing if it were all just there at your fingertips: all your project data for all of your buildings everywhere – facilities, energy, and security data, along with all the project data, BIM, CAD, IoT, legal, leasing, financial, you name it – uniquely visualized in an easy-to-use 3D Google Earth-like tool so any user could easily search for and understand any aspect?
The Challenge: Too Many Tools, Too Many Data Formats, and Too Little Actionable Intelligence for the Portfolio
The benefits of aggregating, visualizing, and analyzing large amounts of Big Data are now well understood in the real estate industry, impacting functions that range from building management, to tenant services, to market analysis. Owners specifically acknowledge that Big Data analyzed correctly leads to increased transparency in the markets, risk mitigation, data standardization across real estate assets, and general better decision making. The challenge is that the increase in data sources and volumes has given rise to a dramatic increase in new proprietary expert tools and new data formats at the same time. These range from 3D data – or spatial data (BIM models, BMS/IoT sensors) – to non-spatial data (spreadsheets, reports, CAD dwgs, GIS, Social Media). Put simply, today’s challenge for Building Owners isn’t just to aggregate data, but to aggregate spatial and non-spatial data, and to do that they need a robust 3D data platform.
At Cityzenith, we’ve been developing the Smart World Pro platform to help owners break the Great Data Barrier in the building industry today that has kept them in the dark for so long. We are actively working with industry leaders and other institutions to develop a common 3D ‘BIM-lite’’ or FIM (i.e., Facilities Information Model) approach that enables them to digitize all their building assets to one common 3D earth model standard, and then connect any type of live or historical data to those models, all in real-time. FIM models differ from BIM models, and are simpler in geometry (rooms, floors, major equipment/structure, skin) but more complex on the data backend, ingesting data from hundreds of file formats. Features inside Smart World allows users to import and curate any data set of their own; ask questions and run complex searches; and run various analyses that range from line-of-sight and shadow studies to advanced environmental and traffic impact simulations.
What Kind of Data Can Be Visualized and Analyzed?
Users can aggregate and import hundreds of file formats, and then curate and index those files to suit their individual needs. They can navigate to any piece of information anywhere in an instant, see the results of analysis, and share the outcomes with peers. Owners are looking for better answers to questions like these:
- Energy Management:
What Is the End Value to Owners?
- More accurate forecasts and predictions
- Operational transparency
- Identifying unknown potential across the portfolio
- Faster and more comprehensive analysis
- Faster reactions by management
- Improved Customer Service
- More targeted leasing and sales efforts
Not a lot. And don’t worry if you don’t have BIM models of every building in your portfolio—almost no one does. It is easy and cost effective to create 3D models of existing assets from CAD, BIM, paper, LIDAR, and other building documentation, and ancillary data loading services are also available.
This Week’s Sponsor
At Connexxion®, we are industry leaders in providing intelligent data management and data visualization solutions to customers – from consumers and small businesses to large global enterprises. Our expertise is in helping secure, manage and visualize operational data. We developed the Connexxion® data management and data visualization platform to streamline and secure the integration of disparate data sources. Connexxion® transforms the ingested real-time data into actionable information and provides to our customers the ability to analyze and dynamically visualize their data and share their data with other solutions or applications.
UPCOMING REALCOMM WEBINARS
A Path to Net Zero – Driving ENERGY EFFICIENCY in Smart Buildings - 7/18/2019
One of the first trends to emerge in the modern smart building movement was energy conservation and efficiency. Approximately eight years ago, the industry realized that connecting energy related equipment to a network and applying advanced analytics and complex integration strategies could result in a significant reduction in energy and natural resource consumption and a resultant decrease in energy related expenses. In recent years, operational efficiency and occupant experience have been added to the smart building discussion, sometimes overshadowing energy efficiency. This webinar will focus on the very important goal of including energy efficiency in the comprehensive smart building strategy.
Ruairi is a respected high-performance building design expert. His aim is to elevate the built environment and restore order to the climate for future generations. He specializes in commissioning services for new and existing buildings, building energy assessments, high performance building design, energy modeling/advanced building simulation, and measurement and verification consulting.
Sarah Zaleski currently serves as a Senior Advisor for the U.S. Department Building Technology Office where she leads commercial zero energy efforts, district-scale solutions, and a portfolio of data infrastructure projects. In previous roles at DOE, Sarah led local government clean energy innovation programs. Sarah has over 15 years of experience in sustainability and energy work. Before DOE, Sarah worked for Baltimore City where she helped establish their Office of Sustainability.
Ryan Knudson, is the AVP for Operations and Energy Management at Macerich. He is responsible for the development, execution and operations for all Capital Expense Energy and Smart Building projects as well as national program vendor management. He oversees the daily operations of Macerich’s portfolio with a focus on same center NOI growth.
Akshai Rao, a vice president at Yardi, is responsible for the development of procurement and energy management solutions to ensure high-performing buildings. Prior to Yardi, Akshai spent five years at Bain & Company where he focused on technology and telecom.
Jean-Simon Venne is a tech expert who thrives on developing and implementing new technology to solve long-standing commercial issues. He has over 25 years of experience in the fields of telecommunications, biotechnology and energy-efficiency specializing in the fast and efficient migration of technological innovations to commercial applications. With an industrial engineering background, Jean-Simon is uniquely trained to optimize the value creation opportunity that exists where new technology intersects with business and energy markets.
Gary Fescine FMA, RPA is the president of GFC his own consulting firm. He has recently retired from BlackRock where he was global director of facilities, building operations, overseeing 77 sites in 23 countries. He has held a number of related positions including director of facilities at The New York Times and director of operations at the New York Post. Mr. Fescine was the recipient of several energy savings awards including the Energy New York Award in 2017.