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Perhaps more than any other industry, Commercial Real Estate (CRE) is primed to reap the benefits of advances in Big Data and Internet of Things (IoT) technology. In fact, nearly 33% (equating to $11 trillion globally) of the industry’s assets are managed with manual spreadsheets.
Real estate managers are increasingly turning to technology in order to improve operational performance across their commercial real estate (CRE) portfolios. This paper outlines common problems that keep operators awake at night and how an operations performance system can address them.
The Enertiv Lab is a 300,000-square-foot highrise property in Manhattan's Upper East Side. Board President and Enertiv's Head of Client Success, Stephen Doherty, has utilized the Enertiv Operations Performance System to optimize the performance of the equipment systems, including ventilation fans, boilers, elevators and more.