Digital real estate or a digital twin is a virtual representation of your built asset supported by various tools and technologies. Based on GIS, BIM and IOT a digital twin is used for planning, coordination and analyzing valuable data for development, design, construction, operations, and maintenance.
A digital real estate strategy is the basis of digital representation of your physical asset that is utilized for continuous activity and performance planning, coordination, and analysis. Using digital real estate software, users may optimize decision-making throughout the life cycle by leveraging numerous data sets ranging from maps, drawings, models and registers to live-streamed data.
A digital real estate solution integrates a building's system, sensor, and utility meter data with smart, multidimensional digital models. A genuine digital twin possesses the operational and behavioral information needed to mimic, forecast, and direct real-world scenarios.
In the construction and real estate industries, digital twins bridge the gap between form and function. When utilized in combination with a cloud service, digital real estate software enables all stakeholders to monitor and evaluate a project from the start. A digital real estate solution evolves into a live model that is updated as the operations and maintenance process go along, providing more visibility. Users can experience the project in its recommended surroundings when geographical data is combined with mixed or augmented reality techniques.
Details such as existing components and materials may be assessed for potential concerns during the design stage for major refurbishment project, and modifications can be made and synchronized fast with digital real estate software. Additional environmental variables, such as space usage, system performance, accessibility, and energy consumption, can be examined to obtain insight and provide a thorough portrayal of how the built model would seem and perform. These insights enable project teams to make data-driven decisions that result in predictable key performance indicator outcomes.
Hence, as a part of your organizations data governance forming a digital real estate strategy is key for data driven processes. Setting requirements and best practice for planning, handover and maintaining data enables the organization to; increase productivity in tendering, improve quality assurance avoiding unforeseen events, and turn data in to valuable insights for business development.
Zynka has successfully implemented various digital twins for housing, office, retail, healthcare, educational and industrial digital real estate organizations. Through carefully selected objectives towards data driven organizations we offer digital twin solutions for optimizing management for portfolio, site, property, operations, and maintenance.