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ACHIEVING OPERATIONAL EXCELLENCE Where Workplace Professionals Join Forces to Improve Operational Performance Copyright 2008 © OSCRE Americas, Inc., All Rights Reserved
[object Object],[object Object],OSCRE Doesn’t Create Interoperable Data Standards … Our Members Do! What is OSCRE?
[object Object],[object Object],[object Object],[object Object],[object Object],…  and systems can’t talk to each other …  reduce capital investment …  optimize costs of services and products ,[object Object],Why is OSCRE Needed?
Uses Real Estate as a Resource ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Uses Real Estate as Their Business ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Real Estate Landscape
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
There are lots of Standards. Why OSCRE?
Building a Global Brand
NPI &  J-REIT Property Index  BOMA, IPD, NFC, MLIT Cost Index Building a Global Brand Harmonizing Standards Globally
The Real Property industry is highly fragmented with many sectors and stakeholders
The Real Property industry is highly fragmented with many sectors and stakeholders
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
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
[object Object],[object Object],[object Object],[object Object],[object Object],How does the industry change with OSCRE?
[object Object],Fast, Accurate Appraisal Data Exchange and Re-use   [+3,000 hrs, ~$900,000] ,[object Object],Reducing Friction in Commercial Real Estate Transactions   [+800 hrs, ~$240,000]** ,[object Object],Concise, Bulk Exchange of Property and Tenant Details  [~1,000 hrs, $300,000] ,[object Object],Concise Abstracts That Enable the Lease & PM Ecosystem [~500 hrs. $125,000] ,[object Object],A Persistent, Unique Identifier For Use Throughout the Life of a Real Property Asset  [~650 hrs, $130,000] ,[object Object],Consistent Space Naming – Coordinated with Space Measurement  [~600 hrs, $120,000] ,[object Object],[object Object],**  [Approximate Labor Hours and Labor Hour Cost Invested by OSCRE Members] Current OSCRE Standards
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
Real Property Unique Identifier Standard
BUILDING FLOOR Excluded Area Geographic  hierarchy (real estate) STATE/PROV CITY LEVEL 1 LEVEL 2 LEVEL 3 Space Classification Hierarchy Assigned Areas Shared Areas Business Unit Dept/Div Branch/ Product Organization Personnel Organizational Hierarchy Asset FF&E Configuration Standards ,[object Object],[object Object],[object Object],[object Object],Providing the ability to quantify track and analyze use of space from the world to a workstation  COUNTRY Geographic  hierarchy (political) Space Classification Standards THEATRE THEATRE THEATRE SITE SITE SITE REGION REGION REGION
SPACE CLASSIFICATION STANDARD
SPACE CLASSIFICATION STANDARD
CASE STUDY #1 – U.S. AIR FORCE
CASE STUDY #1 – U.S. AIR FORCE
CASE STUDY #1 – U.S. AIR FORCE
CASE STUDY #1 – U.S. AIR FORCE
CASE STUDY #1 – U.S. AIR FORCE
CASE STUDY #1 – U.S. AIR FORCE
CASE STUDY #1 – U.S. AIR FORCE
CASE STUDY – U.S. AIR FORCE
CASE STUDY #1 – U.S. AIR FORCE
STANDARDS NEEDED FOR BENCHMARK PERFORMANCE ANALYSIS
STANDARDS NEEDED FOR BENCHMARK PERFORMANCE ANALYSIS
STANDARDS NEEDED FOR BENCHMARK PERFORMANCE ANALYSIS
STANDARDS NEEDED FOR BENCHMARK PERFORMANCE ANALYSIS
CASE STUDY #2 – PWGSC
CASE STUDY #2 – PWGSC
CASE STUDY #2 – PWGSC
CASE STUDY #2 – PWGSC
CASE STUDY #2 – PWGSC
[object Object],[object Object],[object Object],[object Object],[object Object],Value Creation... First Reports in !
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
Commercial Information Exchange Standard Membership Value
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
Membership Value
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
Executive Members
Associate Members
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
[object Object],[object Object],[object Object],[object Object],Your investment in OSCRE is minimal in exchange for the value you’ll receive in operational efficiencies, economies of scale, networking and social responsibility. ,[object Object],[object Object],[object Object],Conclusion
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!

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Introduction To OSCRE

  • 1. ACHIEVING OPERATIONAL EXCELLENCE Where Workplace Professionals Join Forces to Improve Operational Performance Copyright 2008 © OSCRE Americas, Inc., All Rights Reserved
  • 2.
  • 3.
  • 4.
  • 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
  • 6. There are lots of Standards. Why OSCRE?
  • 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
  • 13.
  • 14.
  • 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
  • 16. Real Property Unique Identifier Standard
  • 17.
  • 20. CASE STUDY #1 – U.S. AIR FORCE
  • 21. CASE STUDY #1 – U.S. AIR FORCE
  • 22. CASE STUDY #1 – U.S. AIR FORCE
  • 23. CASE STUDY #1 – U.S. AIR FORCE
  • 24. CASE STUDY #1 – U.S. AIR FORCE
  • 25. CASE STUDY #1 – U.S. AIR FORCE
  • 26. CASE STUDY #1 – U.S. AIR FORCE
  • 27. CASE STUDY – U.S. AIR FORCE
  • 28. CASE STUDY #1 – U.S. AIR FORCE
  • 29. STANDARDS NEEDED FOR BENCHMARK PERFORMANCE ANALYSIS
  • 30. STANDARDS NEEDED FOR BENCHMARK PERFORMANCE ANALYSIS
  • 31. STANDARDS NEEDED FOR BENCHMARK PERFORMANCE ANALYSIS
  • 32. STANDARDS NEEDED FOR BENCHMARK PERFORMANCE ANALYSIS
  • 33. CASE STUDY #2 – PWGSC
  • 34. CASE STUDY #2 – PWGSC
  • 35. CASE STUDY #2 – PWGSC
  • 36. CASE STUDY #2 – PWGSC
  • 37. CASE STUDY #2 – PWGSC
  • 38.
  • 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
  • 40. Commercial Information Exchange Standard 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
  • 47.
  • 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

  1. THE OSCRE STANDARD FOR REAL PROPERTY SUPPLY CHAIN INTEROPERABLE DATA EXCHANGE COPYRIGHT 2007 OSCRE AMERICAS, INC.