14 June 2019 | Herpreet Kaur Grewal
Facilities managers have to become 'data scientists' to make the best use of information about buildings for occupants, according to a speaker at the Real Estate Forum in London this week.
Sam Wood, new proposition lead at Cisco UKI, Cisco Systems, who was on a panel about using data in real estate during the event, said building managers could do this by using artificial intelligence systems.
But fellow panel member Harry Badham, head of development at AXA Real Estate, argued that there was too much emphasis on data.
He said "we have to be smarter about how to keep space, we have to be better" but thought that devising more software to tell landlords how meeting rooms are being used was not always helpful.
Badham added that "there's only so much data you can make use of" and the point was "to create something that lets your business get what [it] wants".
Vanessa Lee Butz, CEO of District Technologies, also speaking on the panel, said: "People are scared of data but what I am interested in is actionable insights taking learnings from things we can enact."