Notes

Smart Buildings - Technology Is Impacting Every Aspect of PROPERTY Operations
It is essential to think about the big trends which are currently formulating in the commercial real estate industry.

Now as read more of your, technology, automation and innovation are impacting Every part of real estate operations, regardless of what type: commercial, corporate, government or institutional. We have known for a long time that almost every business process in a genuine estate company ranging from the receptionist's duties to the CEO's responsibilities could be positively influenced by automation. An extreme exemplory case of 'receptionist automation' may be the keeping a virtual concierge in the lobby of an excellent smart building model, Tridel Condominium project in Toronto.

For some reason, this phenomenon has been accelerating. Some say that it's just the natural adoption curve and that the commercial real estate business is finally reaching a maturity level regarding technology, automation and innovation. Others have speculated that it had been the explosion of cellular devices like the iPad/iPhone and the cloud which were the ignition point for this increased knowing of smart buildings and rush to adoption.

more info is safe to assume that we could take the best real estate ERP vendors and combine them with sophisticated smart building community companies and create the most ENERGY and OPERATIONALLY efficient, TENANT FRIENDLY and intensely PROFITABLE 'Star Trekesque' smart buildings which would automatically reorder a light bulb 30 minutes before it had been expected to burn up. The bottom line: we've most if not all the technology we have to transform our industry into a true digital, paperless, zero energy, smart, intelligent, connected, integrated, real-time, hyper-effective, tenant friendly, 21st century model.

At this point... IT REALLY IS ALL ABOUT INDIVIDUALS. Assuming we have the technology to create any and every process within our industry more efficient, what is the main facet of this fast forward movement into this new smart building model? What we must focus on will be the people who have been doing their jobs for 20 years the same way, and the organizations stuck in the same organizational structures for the last 20 years. It's time to realize that the way we have been doing things for the last 20 years needs to change.

We should educate EVERYONE that works in the real estate company in regards to what can be done with technology, automation and innovation, help put aside fears of the unknown, break down organizational roadblocks and talk to our counterparts in other departments, search out global guidelines, take risks, imagine the impossible, and in some cases, absolutely forget how exactly we have been doing things going back 20 years. Imagine what goes through a maintenance person's mind when you tell them that every light bulb found in smart buildings in the foreseeable future will be an LED that lasts 15 years and that it will have a radio chip embedded in it that will talk to the smart building network. In addition to the maintenance person, what does the COO and everybody else in the building operations organizational structure do with this particular information?

more info representing a lot of the major business functions inside this global property giant are participating groundbreaking conversations to address points concerning the smart building technology adoption. Discussion points include breaking down departmental barriers, creating a unified vision and accelerating the adoption of transformative smart building projects that make best use of technology, automation and innovation.

Jim Young may be the co-founder and CEO of Realcomm, the commercial real estate leader in technology, automated business solutions and intelligent buildings. To find out more on commercial building automation and efficiency, please head to http://www.realcomm.com.
My Website: https://www.theverge.com/users/straussbecker