Market Overview: The Future Of Facilities And Real Estate Software - Unleashing The Power Of Data

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Executive Summary

Organizations have invested in software to help them manage their real estate assets for years, often adopting technology in a piecemeal fashion based on their need du jour. This has created a challenging environment for enterprises to capitalize on and from which to advance their digital strategies, as they must integrate and amend a range of fragmented products. The future of facilities and real estate software promises to rein in this complexity, offering capabilities that take advantage of and add value to the vast amount of information contained within these systems. This report brings together the latest Verdantix research into customer trends, and insights from vendor interviews. The aim is to help corporate real estate (CRE), facilities and technology leaders plan for the next stages of their smart building journey.

Table of contents

Optimizing Elements Of Building Operations Requires A Strong Digital Foundation
Vendors Move To Corral Years Of Fragmented Facilities And Real Estate Technology 
Competition And Consolidation Continue Across The Smart Building Landscape, And Beyond
Digital Innovations Capitalize On Combined Data To Drive Building Efficiency And Worker Productivity

Getting Your Facilities Digital Foundation In Order



Table of figures

Figure 1. The Expanding Building Technology Stack
Figure 2. The Making Of Eptura: History Of Investments And M&A
Figure 3. Planned Real Estate And Facilities Software Sourcing Strategies

About the authors

Joy Trinquet

Senior Analyst

Joy is a Senior Analyst in the Verdantix Smart Buildings practice. Her current research agenda focuses on building digital twins, BIM for operations, smart building systems integration as well as architecture, engineering and construction software. Joy joined Verdantix in 2019, and previously worked at BNP Paribas Asset Management. She holds a bachelor’s degree in economics with a concentration in policy as well as dual minors in computer science and business studies from New York University.

Sandy Rogers

Principal Analyst
Sandy is a Principal Analyst in the Verdantix Smart Building practice. Her research agenda focuses on the intersection of IT and OT digital strategies and technologies, including the IoT landscape.  Sandy’s experience prior to joining Verdantix included work as a research director and technology industry analyst in IT service technologies and operations at Forrester, and at IDC covering software, vertical markets, and Web services. She has worked in competitive research and strategy consulting at Fuld & Company and developed research for thought leadership at Deloitte. Sandy holds a Business Degree in Marketing and Management Science from the University of Rhode Island. 

Justine Bornstein

Research Director, Smart Buildings
Justine is the Research Director of the Verdantix Smart Buildings practice. Her current research agenda focusses on digitisation, decarbonisation and optimisation across the built environment. Prior to joining Verdantix, Justine worked at Deloitte as the research lead covering transport, energy, industrial and public sectors. Justine holds a Ph.D. in Economics from Nagoya University in Japan. 

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