Demystifying Digital Twins with Oxford Properties and Microsoft
Each week, Realcomm Live speaks with influential industry leaders and subject matter experts about commercial and corporate real estate top of mind topics. In April, we explored Digital Twins, inviting Dean Hopkins, COO with Oxford Properties and Matthew Vogel, Principal Program Manager | Microsoft Azure IoT | Smart Buildings at Microsoft to discuss how this unique and powerful tool can enhance the customer experience and drive greater asset value.
By now you have probably heard about digital twins and likely think about them as a way to visualize a building using software, a version of CAD on steroids. You aren’t alone, as early vendors in the digital twin space have played up that aspect of this powerful capability in order to bring it to life. However, visualization only scratches the surface of what digital twins bring to the buildings industry and misses the point about the true nature of a digital twin.
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Cybersecurity for Commercial and Corporate Real Estate – IT and OT “East is East, and West is West, and never the twain shall meet…” Those words written by Rudyard Kipling over a hundred years ago could be applied today when we think of the differences between the teams that support Information Technology (IT) and the teams that support buildings and facilities aka Operational Technology (OT).
How CRE Leaders Can Embrace the New Hybrid Workplace The hybrid workplace isn't new, but it's likely to become the new normal. About two-thirds of global organizations expect all their employees to have access to an office by the middle of this year. While employees are eager to return, they’ve also become accustomed to working remotely over the past year.
The 7 Metatrends Shaping the Future of Real Estate Tech Over the past year, the real estate industry has suddenly realized that themes like remote work, ESG and cloud computing will continue beyond the pandemic. All these themes are powered by the technology innovations that real estate firms need to understand and capitalize on. It is no secret the real estate industry is known for its slower adoption cycle, but over time, if new tech is not adopted, old-school firms will lag in their investor performance and will end-up playing a catch-up game.
Returning to the Office: The CEOs' Perspectives As office occupancy begins to slowly rebound from over a year of COVID-19 related vacancies, the commercial real estate industry collectively wonders what offices will look like when authorities lift all pandemic restrictions. While remote work has generally been considered a success and most companies have been pleased at the productivity of employees outside the office, the voices of those praising the benefits of the office are growing louder.