Building Technology for Chief Information & Chief Risk Officers
Transforming Your Assets into Secure Data Centers to Empower Key Business Decisions
Do your buildings have the maturity needed to provide you and your team with information, metrics, and security protection of building technologies to support operations and investment effectively?
If the answer is no, or you don’t know, rest assured, you are not alone. We rely more than ever on our building technology and, in most cases, have not yet developed the infrastructure to obtain our goals.
You need your building technology to work for you—providing you with the peace of mind that comes with secure and viable infrastructure and networks for all employees, tenants, and vendors. You also need financial, ESG, and operational data that can be reported to key stakeholders and used to drive business decisions for your portfolio. Your role takes on greater meaning and importance when you have access to accurate and real-time information that doesn’t break the bank.
Key Considerations
The institutional quality of your technology that supports ESG and optimizes your utility consumption efficiency will continue to change with the industry. As will your security needs and tenant expectations. Are your systems set up to ensure your building community health and well-being will be taken care of in the long-term?
OT is a relatively new field. As such, there is a learning curve for every C-level executive in the Commercial Real Estate (CRE) space. How do you securely sync up your key vendors? How do you establish benchmarks cross-portfolio? More importantly, how do you ensure consistency and accuracy in your data collection and reporting? Can OT impact the bottom line?
The needs and preferences of tenants will always be a moving target. Every day new and emerging technologies raise the bar on what the optimal experience is. Does this mean you need to keep scrambling and adding new technologies to keep up? No. But it does highlight the importance of your asset’s technical “maturity” relative to your competition. How are you staying ahead of the curve?
Supporting your property teams as they install and operate systems poses a significant challenge. Not only from an integration and alignment perspective but also from a critical cybersecurity and safety standpoint. How do you ensure you are adding value without taking on unnecessary risk? Giving tools to operations that allow for transparent maturity/governance typically found in the corporate IT space is a great starting point.
As a building owner, your priorities are performance-based, measurable outcomes that will ensure the profitability and long-term success of your assets. However, what you measure and identify as your key drivers naturally differs from those managing your portfolio on the ground floor. How can you ensure they are focused on those items that derive fundamental value and still support the attraction and retention of tenants?
Your responsibility usually lies in the procurement and implementation of building technologies—rarely does it extend to operational or governance. The improvements you make are only as good as their execution—how can you ensure adoption and efficacy? Adding mature processes to help operations accomplish the “how” is almost as important as defining the strategic vision of “what” is the better state.
Maintaining focus on asset performance, risk adjusted returns, valuation and strategy is challenging for 1 building. Multiply that by many and its easy for it to feel out of control. You need to know: How does this asset perform within the context of my overall portfolio and is it accretive to my needs or is it dilutive and needs to change?
You need vendors who meet your cybersecurity requirements. How can you find them and ensure their standards are maintained throughout the full scope of your contract? Visibility, actionable control, proactive backups, and managed access add to the overall governance that needs to be in place to mitigate risk.
How we can help
Our goal is to, first and foremost, help you build visibility into your building’s performance and metrics. We know how much this real-time information means to you and how it impacts decisions and ultimately contributes to the health of your assets. From there, we support you throughout the lifetime of your buildings- from helping make and implement key strategies to the ongoing monitoring and maintenance of your portfolio. Our team of experts are your partners in all things operational technology (OT).
Clarity & Performance Analysis
A complete understanding of all technology within your buildings for better, more accurate reporting.
Strategy & Consulting
Proactive support with your building’s cybersecurity strategy and implementation of key technologies.
Turnkey Oversight & Protection
Simplicity, visibility, and expertise to protect and scale your portfolio.
Ready to gain power over your portfolio?
Let us help you take the guesswork out of your building technology. Schedule a free 30-minute advisory call.
We’ll discuss your concerns and provide you with an opportunity analysis and building economics report. From there, we’ll design a roadmap to success and help you find dollars in your budget to ensure we can partner together without stretching your resources too thin.