Page 6 - RC19 RealcommEDGE 2019 Fall Issue

From the Publisher

REcalibration for Corporate Real Estate:

THE DISCUSSION CONTINUES

The goal is to create space that is designed to maximize
utilization, manage natural resources with extreme precision,

streamline operations, reduce costs and create a 21st
century experience that is enjoyable, engaging and safe.
This new type of space cannot be achieved without the
deployment of existing and emerging technologies.

IN KEEPING WITH OUR THEME for 2019, the idea of standing of assets; interactive environments; more effi-
REcalibration directly applies to how technology contin- cient parking; mobile phones with strong service; robust
ues to impact how we design, build, lease, manage, trans- and reliable Wi-Fi; the list goes on.
act and use Corporate Real Estate. If you start with the
premise that technology, automation and innovation can We find ourselves truly at a crossroads—a paradigm shift
impact energy utilization, operational efficiency and the of sorts. The business model of getting in a car and going
A
physical design of the space, it becomes clear that this to a place that has a desk, conference rooms, file cabi- Are the right people doing the work?re the right people doing the work?
transformational trend will continue. nets and expensive equipment such as phone systems
and copiers has been under assault for the last 20+ years
For the longest time we have been saying that Real Estate by a technology community that says you don’t need to I Is work being done the right way?s work being done the right way?
operates at 25 mph and today’s technology at 100 mph. travel anywhere. You can video conference, collaborate,
When you consider new technologies such as Artificial store files digitally and communicate anywhere over a
C
Intelligence, Autonomous, Augmented/Virtual Reality, network in real time. Microsoft Office 365, Skype, Google Can your enterprise an your enterprise
D
Blockchain and others, some argue that tomorrow’s tech- Docs, GoToMeeting and Dropbox are just a few of the Do the work, people and tools provide the information you need?o the work, people and tools provide the information you need?
nology will operate at 200 mph. These new technologies are collaborative solutions that are ushering in this new era of
adapt t
not tactical but strategic. They will not have small impacts digital transformation.
but large ones that will be transformational. Considering adapt to shifting o shifting
The answers to these and other important questions are he answers to these and other important questions are
the abundance of technologies and the fact that Corporate In addition to how we work, technology has new ideas on T
Real Estate practices have not changed much in the last 50 how we operate our space. A truck roll is dispatched, only essential t
markets?ets?
essential to building an operating platform that supports o building an operating platform that supports
years, the theme REcalibrate seems appropriate. The big to discover the need for yet another truck roll to deliver the mark
y
question is: How do we calibrate 25 mph and 200 mph? right skills and parts—a major waste of time, energy and your Real Estate Enterprise Strategy. Start strengthening our Real Estate Enterprise Strategy. Start strengthening
money. Smart equipment allows us to better understand
your platform now. our platform now.
When we examine all the existing and new tools available a problem well before we leave to address it. In a world y
from technology providers, there are a great number that where sensors are everywhere, it seems ridiculous that
could significantly enhance the way we operate and use we still see buildings totally lit up at night just to support
RealFoundations.net/opmodelFoundations.net/opmodel
space. Smart equipment that reduces truck rolls; heating a small cleaning crew. This practice becomes even more Real
and cooling issues that could be resolved with accurate questionable in a time of growing climate and sustainabil-
algorithms; lights that turn off when no one is in the room; ity conversations. Smart building technologies are fully pre-
space that enjoys 95% utilization (not 50%); streamlined pared to radically restructure how we maintain and operate
paperwork; faster maintenance response; better under- a building and solve these age-old inefficiencies.

4 50% of S&P Global’s Top 50 REITs have trusted RealFoundations to deliver better outcomes...are you next?50% of S&P Global’s Top 50 REITs have trusted RealFoundations to deliver better outcomes. Are you next?