Unifying real estate facilities data in a single repository to improve data quality and drive more informed decisions
Rick Unruh and
Josh Lowe
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Rick Unruh: Akana, USA
Josh Lowe: AkitaBox, USA
Corporate Real Estate Journal, 2024, vol. 14, issue 2, 144-153
Abstract:
This paper addresses the critical issue of poor facilities data management within the real estate industry. Traditional data management strategies have led to outdated, inaccurate and siloed data — a situation with detrimental impacts on decision making, capital planning and building optimisation. The paper provides practical advice on transitioning to better data management, particularly by bringing all facilities data into a central, easily accessible management platform.
Keywords: data collection; data management; facilities data software; data management platform (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:aza:crej00:y:2024:v:14:i:2:p:144-153
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