Facilio Releases CRE3.0 Report on Impact of Data-driven Buil
NEW YORK, Feb. 14, 2020 /PRNewswire/ -- Facilio Inc., an AI-driven enterprise platform for Building Operations and Maintenance platform for the real estate industry, recently released an insightful report titled '2020 State of CRE Operations 3.0.' Facilio has labeled the new era of data-driven operations & maintenance in commercial real estate as 'CRE 3.0,' marked by the 3-pronged industry focus on data extraction out of siloed building functions; data aggregation on a portfolio-central platform; as well as use of modular apps to perform data-driven operations acting on the insight-rich operational data to enable predictive portfolio operations.
"Buildings are a powerhouse of data. The automation driven upgrade of commercial real estate assets, of a few decades ago – labeled CRE 1.0 – was focused on embedding buildings with hardware that delivered improved performance and service. CRE 2.0 was the adoption of point solutions for property management, maintenance, energy savings and tenant engagement among others. This new decade will see the rise of CRE 3.0 - an innovative new data-driven model that allows real-time visibility into portfolio operations to optimize asset performance," says Prabhu Ramachandran, Founder & CEO, Facilio Inc.
The report highlights the growing demand for data-driven operations & identifies opportunities and priorities for commercial real estate owners. Key findings include:
The CRE 3.0 report also reveals that Connected Building portfolios and end-to-end process views will start becoming the norm from 2020 onwards. New assets coming to the market, the heightened expectations of tenants & the millennial workforce, regulatory reforms, urgency around sustainability initiatives are driving a major transformation in the industry. "As we move into a new decade, it is increasingly clear that technology will have an outsized impact on asset values. CREs need to focus on leveraging technology to boost building performance, secure maximum uptime, and provide seamless tenant experience across portfolios. And this report provides an eye-opening look at the current state as well a vision of the transformational impact of data-driven operations," concludes Prabhu.
About the Report: 2020 State of CRE Operations 3.0
You can download the full report and analysis here http://bit.ly/2Smgwg2
Headquartered in New York (USA), with offices in Dubai, Chennai and Singapore, Facilio is the world's first and only IoT and data-driven enterprise platform for real-time, multi-site facilities operations & maintenance (O&M). Its optimization software combines IoT, AI and Machine Learning technologies to provide the construction and commercial real estate businesses unified and predictive command and control, across their entire operation. For more information please visit: https://facilio.com/
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