{"id":20606,"date":"2018-07-27T05:00:51","date_gmt":"2018-07-27T12:00:51","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=20606"},"modified":"2020-12-25T01:12:12","modified_gmt":"2020-12-25T09:12:12","slug":"yardi-elevate","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/yardi-elevate\/","title":{"rendered":"Yardi Elevate"},"content":{"rendered":"<p>A group of real estate industry thought leaders, including Yardi\u2019s Brian Sutherland, exchanged thoughts on emerging real estate technologies in a recent Realcomm-hosted webinar.<img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-20607\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/07\/buildings-1024x716.png\" alt=\"\" width=\"439\" height=\"307\" \/><\/p>\n<p>With the \u201cexplosion\u201d of solutions to choose from, \u201cit\u2019s challenging to know which one will help operationally, increase the bottom line, reduce costs and serve customers,\u201d said Sutherland, industry principal for <a href=\"https:\/\/www.yardi.com\/products\/elevate\/\" target=\"_blank\" rel=\"noopener\">Yardi Elevate<\/a>.<\/p>\n<p>Some of them, such as coworking, didn\u2019t exist only a few years ago. While buyers benefit from a number of innovative options, he noted, rapid obsolescence and change management challenges present potential pitfalls.<\/p>\n<p>Sutherland also addressed technology innovations that support facility and construction managers, leasing agents and property-level users in new and meaningful ways. \u201cThey want a solution that\u2019s designed for them and which connects them to the central data system with mobile applications and dashboards. That\u2019s why we created a connected ecosystem for the operations side [with Yardi Elevate},\u201d he said.<\/p>\n<p>Expanding data access to the back office is tied to the larger issue of data management, Sutherland said. \u201cThe challenge is dissecting data and making it actionable for informed decisions. That\u2019s the importance of role-based dashboards that remove guesswork for building operations people who need to control costs and work more efficiently.\u201d<\/p>\n<p>Other participants in the webinar included Chip Pierpont, director of innovation, performance and technologies for the U.S. General Services Administration, which manages property for the federal government. GSA sees energy consumption analytics as a \u201cpristine opportunity to engage in a new way to operate\u201d to meet federal government energy reduction targets,\u201d Pierpont said.<\/p>\n<p>GSA continues to seek ways to use energy analytics, retrofit equipment and incorporate additional sensing capabilities in its buildings. Pierpont also emphasized the importance of managing data, not just collecting it: \u201cNo matter how much data you have, if it\u2019s not being analyzed and shared and disseminated, then it\u2019s not being fully utilized and you\u2019re not gaining benefits.\u201d<\/p>\n<p>Bill Cune, vice president of network architecture for materials science developer Corning, discussed innovations in cabling technologies that free up space and introduce flexibility in delivering connectivity, bandwidth, and power throughout a building.<\/p>\n<p>Rahul Shira senior product marketing manager\u2014controls, software and IOT for connected light-emitting diode products, systems and services provider Signify (formerly Philips Lighting), discussed how technologies that use light to transmit data provide an alternative to an increasingly overburdened radio spectrum.<\/p>\n<p>\u201cThis is a good time to be excited with startup technologies. Great things will emerge that owners and investors will be pleased with,\u201d Sutherland said. \u201cJust dive in; the journey is worth the effort and the impact on the bottom line,\u201d Pierpont added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A group of real estate industry thought leaders, including Yardi\u2019s Brian Sutherland, exchanged thoughts on emerging real estate technologies in a recent Realcomm-hosted webinar. With the \u201cexplosion\u201d of solutions to choose from, \u201cit\u2019s challenging to know which one will help operationally, increase the bottom line, reduce costs and serve customers,\u201d said Sutherland, industry principal for [&hellip;]<\/p>\n","protected":false},"author":610,"featured_media":20607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,6],"tags":[411,1703,1964,149,76,2420],"class_list":["post-20606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-technology","tag-commercial-real-estate","tag-cre","tag-data-management","tag-realcomm","tag-technology-2","tag-yardi-elevate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Blog<\/title>\n<meta name=\"description\" content=\"A group of real estate industry thought leaders, including Yardi\u2019s Brian Sutherland, exchanged thoughts on emerging real estate technologies in a recent\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yardi Elevate\" \/>\n<meta property=\"og:description\" content=\"A group of real estate industry thought leaders, including Yardi\u2019s Brian Sutherland, exchanged thoughts on emerging real estate technologies in a recent\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/yardi-elevate\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-27T12:00:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-25T09:12:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/07\/buildings.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1212\" \/>\n\t<meta property=\"og:image:height\" content=\"848\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Joel Nelson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joel Nelson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/yardi-elevate\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/yardi-elevate\/\",\"name\":\"Yardi Elevate - 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