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
Controlling a Building from Your Phone – OCCUPANT EXPERIENCE Platforms Arrive - 2/28/2019
The initial focus in mobile technologies was on meeting room reservations; then came lighting, heating and cooling, then access control. Over the last 24 months it has become apparent that there are many more occupant experiences that can be delivered via mobile phone. Managing parking, reporting maintenance issues, ordering coffee, scheduling an exercise class, viewing security cameras, and other applications were quickly added to the list. With so many options and approaches available, what are the best strategies for occupant experience? Build versus buy, functionality selection, solution integration and ongoing support are just some of the topics to be addressed by the industries’ most respected professionals.
Chuck Niswonger has over 30 years of successful leadership experience in technology-related roles that range from operating his own consulting company (www.nicenets.com) to directing the IT strategy of a real estate investment management firm to manufacturing and technology-enabled education. Chuck has also been the chair of the Realcomm Investment Management (IM) Advisory Council for the last ten years, managing content selection for the conference educational sessions, IM forums, workshops and webinars.
Matthew Lennan has been integrating IT and building system technologies for more than 30 years. He has developed and implemented computing infrastructures for global financial firms, major healthcare facilities, manufacturing, entertainment complexes and traditional smart buildings. Most recently, Matthew has been working in software development to refine the customer experience for smart buildings in Office, Retail and Residential environments. He is currently responsible for driving Innovation across Oxford Properties’ portfolio.
Jared Summers is a motivated execution-oriented high performance individual who has extensive experience managing large-scale global programs. He brings a unique ability to understand and articulate complex technologies in a relatable way while rapidly fielding innovative capabilities. Currently Jared is the Data, Analytics & Technology Manager at ExxonMobil, delivering on the promise of transformational change enabled by digital technologies across the entire global real estate portfolio.
Elizabeth Dukes is the Co-Founder and CMO of iOFFICE, the leading workforce-centric IWMS software and the first 100% SaaS platform designed for the Digital Workplace. Dukes drives strategy for iOFFICE and advocates for the confluence of people and technology that unleashes the full potential of the workforce and the workplace.
Matt leads the product development and roadmap strategy for Modo Labs. With broad experience across mobile and audience engagement, along with a customer-centric mindset, he is the company’s product leader for both Workplace and Campus solutions. Matt and his development team continue to enhance the Modo no-code platform, empowering higher education and enterprise organizations to quickly create personalized applications and ensure students and employees have access to the information they need most.
Joshua has over 15 years of successful leadership experience with early-stage disruptive companies. He has an extensive background in property technology, focusing on amenities that drive tenant experience across commercial real estate, multifamily residential and student housing. Josh has lead national sales and support teams with an emphasis on customer success, brand recognition, and occupant experience.
As Head of Sales, Nick is responsible for leading the sales organization including domestic sales, product implementation and customer success. Nick’s 20+ years’ involvement with technology dates to the 90s when Peapod did its best to teach him UNIX. Nick’s IT responsibilities over his various positions have included End User Support, System/Platform Administration, Business Continuity Management and Project, Facilities, Procurement, Contracts & Maintenance. Most recently Nick served as Vice President at Environmental Systems Design (ESD).