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Elevating Corporate Real Estate Through Business-Centric Analytics

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CRE leaders increasingly want to understand how data can be leveraged intelligently to strategically engage with—and enable—their core businesses, but they aren’t always sure how to translate this into reality. The data required to generate meaningful, business-centric analytics typically exists across a host of different applications and stakeholders and can be difficult to integrate and analyze.

With this in mind, CBRE and Johnson Controls jointly developed an innovative, cost-effective solution to collect, aggregate and analyze occupancy data across Johnson Controls’ global portfolio. Leveraging the number of computers connected to the router in Johnson Controls’ office locations as well as CBRE’s Vantage Analytics platform, the initiative has provided real occupancy data in contrast to available seat counts. As a result, the initiative has helped uncover needle-moving opportunities to impact Johnson Controls’ bottom line.

CBRE’s Vantage Analytics platform connects and integrates data from CBRE, client and third-party sources in a scalable technology environment supported by strong data governance and visually impactful reporting.

To determine occupancy levels across Johnson Controls’ portfolio and at individual sites, we extracted device counts every 15 minutes at each office location (making use of what is essentially, free data). Moreover, this approach to collecting utilization data did not require installing sensors or any additional infrastructure. The team sourced the device count data from on-site routers and deployed a simple algorithm to connect the data feed to CBRE’s Vantage Analytics platform. What’s more, this approach does not raise data privacy issues as we only gather a count of active IP addresses connected to the network—not names. In addition, the data provided is more accurate than typical badge data because most of the systems in Johnson Controls’ smaller offices count ins but not outs.

Within CBRE’s Vantage Analytics platform, the data is then translated into visual dashboards that summarize daily portfolio health and performance measures including square feet per headcount and occupancy percentage and will soon also feature opportunity costs for each site. CBRE and Johnson Controls business leaders also have on-demand, web-based access to global portfolio data, including occupancy, critical portfolio dates, real estate activities, project and facilities management activities and savings delivered. Additionally, metrics can be filtered around Johnson Controls’ unique business segments, making the costs, opportunities and impacts of real estate more tangible and relevant for leadership across its businesses.

Managing and visualizing data with a business-centric lens is a simple yet impactful method that supports strategic decision making. Coupled with this, having a smart, resourceful approach to solving inherent challenges can lead to innovation and efficiencies. Johnson Controls has long understood the significant impact that corporate real estate has on business performance. By utilizing CBRE’s Vantage Analytics, Johnson Controls has the ability to identify opportunities to optimize space, reduce real estate costs and facilitate discussions aligning business strategy with portfolio operations.

Learn more about CBRE's Vantage Analytics platform here.

Ward Komorowski, VP, Enterprise Property Group, Johnson Controls

This article is co-authored with Ward Komorowski, VP of Enterprise Property Group and Security, who is responsible for providing strategic direction and planning for Johnson Controls, including forecasting and budgeting, facility management, real estate, project management and operations services for the company’s global portfolio.

John Creighton, Alliance Director, CBRE
John Creighton serves as the Alliance Director for the Johnson Controls account. On behalf of Johnson Controls, CBRE delivers fully integrated real estate services comprising lease administration, rent pay, transaction management, project management and facilities management across 43 million square feet, 32 countries and 1,624 sites, including 106 manufacturing plants.

This Week’s Sponsor

CBRE, a Fortune 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm based on 2018 revenue. It employs 90,000+ people and serves real estate investors and occupiers through approximately 480+ offices worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

Realcomm News


CoRE Tech’s Smart Building Showcase Presents Leading Edge Corporate RE Projects

CoRE Tech presents the Smart Building Showcase featuring the world’s foremost Corporate Real Estate projects. Demonstrating leading edge technology, integration and connectivity, these campuses and buildings show what is possible when thought leaders have a vision, create a plan, assemble a team and work together to transform Corporate Real Estate and Facilities.

Attendees will have the opportunity to meet face-to-face with representatives for each project who will share their digital transformation stories and discuss the challenges and successes in designing smart buildings and portfolios of such ambition and scale.

Featured projects include: McDonald’s Headquarters, Warner Media’s 30 Hudson Yards, The Coca-Cola Headquarters, Facebook’s Menlo Park Campus, Oracle’s Austin Smart Campus, Bee’ah’s Sustainable Headquarters, Intuit’s High-Performance Campus, DPR Construction’s Net-Zero Smart Offices, ExxonMobil's Houston Campus and more. (Case studies are subject to change.)
Don’t miss the CoRE Tech 2019 Smart Building Showcase which will be held on Nov. 14 from 7:30am to 8:30am at the San Jose Convention Center.

Not yet registered? Register today!

UPCOMING REALCOMM WEBINARS

CORPORATE REAL ESTATE & Technology – The Importance of Developing a STRATEGY - 10/24/2019

The Corporate Real Estate industry has quickly gone from constantly resizing the corporate real estate portfolio based on the everchanging business needs of the corporation, to having to understand and deal with a myriad of issues relating to technology, automation and innovation. Not only do CRE professionals need to understand things such as IWMS, intelligent buildings, the smart workplace, AI, VR/AR and other emerging technologies, they also need to understand the fundamental shift on how we use space. Technology which is enabling mobility has shifted the landscape. This webinar will feature some of the most innovative professionals discussing the importance of developing a comprehensive Corporate Real Estate portfolio strategy around the concept of Digital Transformation.

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Jim Young Realcomm
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Chuck Niswonger NiceNets Consulting
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Chuck Niswonger has over 30 years of successful leadership experience in technology-related roles that range from operating his own consulting company (www.nicenets.com) to directing the IT strategy of a real estate investment management firm to manufacturing and technology-enabled education. Chuck has also been the chair of the Realcomm Investment Management (IM) Advisory Council for the last ten years, managing content selection for the conference educational sessions, IM forums, workshops and webinars.

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Emmanuel Daniel Director, Applied Innovation & Incubation, Smart Buildings & Campuses Emmanuel Daniel is responsible for building and delivering the Digital Transformation strategy for campuses across Microsoft and leads a global multid
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Emmanuel Daniel is responsible for building and delivering the Digital Transformation strategy for campuses across Microsoft and leads a global multidisciplinary team of architects and experience designers. He builds experiences that merge technology with the built environment, leading to the formation of spaces that respond to the needs of its users. He is also accountable for identifying, building and implementing the next generation of products that will make smarter and sustainable buildings.

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Paul Maximuk Ford Land
Paul Maximuk Product Owner, Smart Building Technologies & Controls Paul Maximuk is the Product Owner as well as a technical SME at Ford Land, leading all BMS and controls integrations globally. He has over 30 years of
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LinkedIn

Paul Maximuk is the Product Owner as well as a technical SME at Ford Land, leading all BMS and controls integrations globally. He has over 30 years of experience in the industry managing multiple types of energy systems and specializing in strategic smart building implementation and management. Paul’s expertise in the built environment spans real estate assets from large industrial facilities to Class A office buildings.

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Ronna Davis Commscope
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Marc Petock Lynxspring
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LinkedIn

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Brent Boekestein Vintra
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