In the age of data-driven decision-making, ensuring the completeness of data has never been more crucial. Incomplete or patchy data leaves blind spots that can undermine deals, valuations, investments, and strategic initiatives. To extract meaningful insights from data and ultimately drive success, commercial real estate (CRE) firms require comprehensive [...]
For today's commercial real estate developers and managers, coordinating building information modeling (BIM) and implementing such processes is key to maximizing value across a building's lifecycle. But what exactly does BIM coordination entail, and what are the specific benefits for commercial projects? What is BIM? In the past two [...]
In the construction and engineering industry, digital twin technology creates a virtual clone of a physical asset, such as a building or a bridge. They act as a high-tech twin that mimics real-world behavior and provides valuable insights in real-time. The digital twin enables immediate monitoring, simulation, and analysis [...]
Across many industries, there is a current drive to adopt what is called “Semantic Modeling”. Words like Tagging, Data Modeling, and Ontology are starting to get their day in the sun. The Building Automation / Smart buildings industry is no exception. The idea of semantic modeling is not really [...]
With the average American spending roughly 90% of their time indoors, building qualities can significantly impact the overall well-being of its occupants. But it’s difficult to determine how a facility positively or negatively impacts its occupants' well-being. So, the International WELL Building Institute (IWBI) created the WELL Building Standard. [...]
With building information modeling, architects and engineers can more effectively optimize building systems to reduce waste and maintenance. It also lets professionals working on new construction or renovations more efficiently design effective solutions. But how does building information modeling work, and why is it used? What is building information [...]
Smart buildings need standardized semantic metadata so that the data from the building and all its subsystems is organized in a way that enables people to easier understand and engage with it. Brick Schema is one such method of standardizing metadata in buildings. Brick Schema and RealEstateCore joining forces [...]
The real estate industry, just like any other industry, must build its business on data to be able to meet the demands of the future tenants and be able to drive innovation and operational effectiveness. There are a number of areas where digitalization is critical for real estate businesses: [...]
Building Topology Ontology provides detailed spatial information from BIM/IFC, while RealEstateCore adds language for facility maintenance, certification, and financial aspects etc. Valuable data flows more freely, formerly complicated system integrations become easier and more reliable, and building managers gain a consistent overview of building operations.
