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Updated Infographic Reveals Slow Progress in Corporate Real Estate and Facilities Information Management

By Burstable Editorial Team

TL;DR

Realcomm's updated infographic offers a competitive advantage by highlighting the need for comprehensive corporate real estate information management.

The infographic reflects the state of technology and integration within the CRE and facilities space, emphasizing the persistent integration challenges in departments such as IT, HR, Finance, and Facilities.

Realcomm's call to action for proactive strategies in adopting integrated, data-centric methodologies for managing corporate real estate and facilities aims to bring significant operational efficiencies and cost savings.

The updated infographic will be presented and debated at CoRE Tech 2024, providing professionals with valuable insights into the intersection of technology, automation, and innovation within the industry.

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Updated Infographic Reveals Slow Progress in Corporate Real Estate and Facilities Information Management

The recent update to the Corporate Real Estate and Facilities Information Management Systems Enterprise Architecture Overview infographic by Realcomm Conference Group, LLC sheds light on the persistent struggles organizations face in adopting fully integrated approaches to corporate real estate (CRE) and facilities information management. Despite technological advancements, the industry lags in implementing comprehensive systems that could streamline operations and enhance decision-making.

Jim Young, Co-Founder and CEO of Realcomm, pointed out the slow adoption of these strategies, emphasizing the critical need for integrated and automated workflows. The infographic, which aligns with its 2012 predecessor, identifies Consolidated Data, Analytics, and Business Process Automation as central to achieving these goals. Yet, the reality is that few organizations have managed to overcome the barriers of disparate systems and siloed data.

The implications of this stagnation are significant, not just for individual organizations but for the entire CRE and facilities management sector. The gap between potential and actual implementation could lead to inefficiencies and missed opportunities for innovation. Realcomm advocates for proactive strategies in adopting data-centric methodologies, highlighting the enduring relevance of the roadmap established over a decade ago.

The updated infographic will be a key topic at CoRE Tech 2024, offering a platform for professionals to explore solutions to these challenges. As the industry continues its digital transformation, the findings from Realcomm's overview serve as a crucial reminder of the work ahead and the potential benefits of embracing comprehensive information management systems.

Curated from 24-7 Press Release

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Burstable Editorial Team

Burstable Editorial Team

@burstable

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