5. BUSINESS REQUIREMENTS STRATEGIC PLANNING FINANCE REAL ESTATE A&E DESIGN PRODUCTS MATERIALS BUILD OPERATIONS INVESTMENT, LEGAL & OTHER INDUSTRY SERVICES Holistic Ecosystem The Real Property industry is highly fragmented with many sectors and stakeholders
8. NPI & J-REIT Property Index BOMA, IPD, NFC, MLIT Cost Index Building a Global Brand Harmonizing Standards Globally
9. The Real Property industry is highly fragmented with many sectors and stakeholders
10. The Real Property industry is highly fragmented with many sectors and stakeholders
11. APPLICATIONS WORKFLOW ENGINE DATA WAREHOUSE DATA MINING/BUSINESS INTELLIGENCE WEB PORTALS DIGITIAL DASHBOARD SYSTEM LEVEL DATA INTEGRITY (Application Based) PROJECT LEVEL DATA INTEGRITY (Policy Based) Technology Has Matured Data Structure Needs To Evolve
12. Example: Portfolio Metrics Reporting By State Three separate totals for Washington. Could be avoided if all users agreed to use the U.S. Postal Codes 2-Digit Abbreviation for States: Washington = WA New York = NY Migrating from paper & ineffective technology to digital economy
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15. Hybrid Taxonomy Real Property Focus Floor / Story Linear Structure Structure Building Facility Theatre / World Components System Space / Room Site Real Property /Asset Country State / Province City Installation / Region Node Segment Zone Attributes Floor / Story System Space / Room Components Zone attributes Land / Parcel Sub Parcel Zone attributes Zone attributes County Note that the purpose of this taxonomy/hierarchy is to establish the relationship, flow and potential summarization of information from the smallest piece of the built environment to the highest. Industry Defined User defined Outside scope Above the line is described in the geographic location paper, below the line is described in the real property location paper Real Property Unique Identifier Work Group
39. Study performed by the Open Application Group (OAGi) Number of Components to Integrate Formula/Calculation (See Last Slide for Calculation Details) Cost of Integration (FTE’s) Labor Cost ($50,000/FTE) 20 N(N-1) 20(19)=380 38 $1,900,000 20 N=2.0 20(2.0)=40 4 $ 200,000 NET SAVINGS 340 CONNECTIONS 34 FTE’s $1,700,000 Membership Value
41. INSURANCE HIGH TECH MANUFACTURING TRAVEL, TOURISM AND HOSPITALITY AUTOMOTIVE DEALERS AND MANUFACTURERS MEAT AND POULTRY THE UNITED NATIONS STANDARD PRODUCTS AND SERVICES CODE ® - CLASSIFICATION OF PRODUCTS AND SERVICES We’re Behind Other Industries
43. Supporting member organizations of OSCRE Americas represent in excess of $2.1 Trillion in Real Estate Assets, 12.3 Billion Square Feet of Floor Space and 1,352,500 association members. OSCRE Americas Board of Directors Bruce Kellogg, Chair Argus Software +8,000 clients worldwide, NPI, J-REIT Peter Linkletter, Vice-Chair, PWGSC $7B holdings - own/manage 370 MSF Dave Clute – Past Chair Cisco Connected Real Estate David Brady, CEO/ President, IFMA 19,000 members in 60 Countries who own/manage +37 BSF Diane Herdt , CIO – PBS, U.S. GSA 342 MSF Andrew Millar, VP Technology Brookfield LaPage Johnson Controls Zhen Tao, Intuit Real Estate Solutions 4,500 installations on five continents and in 41 countries Mark Lesswing, VP – National Assoc. Realtors 1.3 Million Members Robert Toothaker, Past President – IREM 18,500 Members representing $1.5T in assets and 8.4 BSF Henry Chamberlain, CEO BOMA International +16,500 members, own/manage +9 BSF Ed Lubieniecki, Principal – RealFoundations A full-service international management consultancy Brad Setser, VP Marketing, Yardi Business Solutions 15,000 customers, +5 BSF commercial & 5 million residential units globally Maria Sicola, Senior Managing Researcher, Cushman & Wakefield +11,000 employees 57 Countries, R/E Services John Hall, Principal Prudential Mortgage Capital Co. $638B Assets under management for 50M customers John Urubek, Appraisal Institute 21,000 members North America Ray Wong, Director, Americas Research Operations CB Richard Ellis $4.4B Revenue, 22,000 employees Jim Young, CEO/Founder - Realcomm Gathering of leading Corporate RE CIO’s
46. RPUID SPCL Employee Self Service Advanced Planning & Forecasting Real Estate and Lease Mgmt Project Management Facilities Management Building Ops, EH&S, Loss Prevention CORPORATE REAL ESTATE BIM REAL ESTATE BROKERS FINANCIAL INSTITUTIONS INVESTORS VALUATION LEGAL GIS OWNER/OPERATOR Data Warehouse BIM CREATORS BOTH USE PROPOSED OSCRE AGGREGATOR STANDARD IFMA BOMA OSCRE DATA AGGREGATOR STANDARD (PROPOSED) WRWOF SPCL BIM LSAB CPIE APP CIE RPUID CPIE SPCL RPUID RPUID WRWOF WRWOF SPCL RPUID LSAB CPIE HUMAN RESOURCES FULL TIME EMPLOYEES SECURITY CONTRACTORS FINANCE PROCUREMENT INFORMATION TECHNOLOGY OTHER PERMITTING AGENCIES LOCAL PERMITTING AGENCIES UTILITIES GENERAL & SUBCONTRACTORS ARCHITECTS & ENGINEERS MATERIALS SUPPLIER OSCRE DATA COLLECTION & INTEROPERABLE EXCHANGE CONCEPTUAL MODEL
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48. Connecting the Real Estate Industry Now!!! For Additional Information Contact Andy Fuhrman Chief Executive Officer Tel. 831.458.3346 Email: [email_address] Web: http://www.oscre.org OSCRE Doesn’t Develop Data Standards, Our Members Do . If You Want the Benefits, You Need to Get Involved and Make it Happen Because it’s Going to Happen by You or to You!
Editor's Notes
THE OSCRE STANDARD FOR REAL PROPERTY SUPPLY CHAIN INTEROPERABLE DATA EXCHANGE COPYRIGHT 2007 OSCRE AMERICAS, INC.