Data turns assumptions into facts. Instead of estimating occupancy or guessing equipment health, CRE teams can observe real usage patterns and system performance in near real time. That visibility enables targeted interventions that reduce waste and extend asset life.
Key benefits of data-driven CRE
- Identify underused space and right-size real estate footprint.
- Reduce energy consumption through demand-based controls.
- Move from reactive to predictive maintenance, lowering repair costs.
- Optimize cleaning and services by need rather than schedule.
Define: CRE (corporate real estate) — the practice of managing an organization’s property assets, including offices, retail, warehouses, and the facilities that support them.
Start with reliable data sources. The technologies below provide the raw inputs that analytics tools turn into savings.
- IoT sensors: Small devices that capture environmental metrics (temperature, humidity), occupancy, and equipment status. Define: IoT (Internet of Things) — networked devices that collect and share data.
- Building Management System (BMS): Centralized platform that controls HVAC, lighting, and other building systems. Define: BMS — software and hardware used to monitor and manage building functions.
- Computer-Aided Facility Management (CAFM): Software for tracking assets, work orders, and space utilization.
- Occupancy analytics platforms: Tools that infer how people use space from sensors, badge data, or Wi‑Fi signals.
- Energy submetering: Meters installed on specific circuits or equipment to measure consumption granularly.
- Predictive maintenance analytics: Software that uses historical and streaming data to forecast equipment failures.
These interventions typically deliver fast returns and should be prioritized for pilots.
- HVAC scheduling and setpoints: Use occupancy and weather data to adjust HVAC runtime and setpoints, cutting energy waste during low-occupancy periods.
- Lighting control: Integrate motion sensors and daylight harvesting to reduce unnecessary lighting.
- Demand-responsive ventilation: Modulate fresh air based on real-time occupancy to save heating and cooling loads.
- Preventive maintenance: Use vibration, temperature, and runtime data to replace components before failure causes costly downtime.
- Space consolidation: Identify persistently underused areas and repurpose or relinquish them to reduce lease costs.
- Right-sized cleaning: Schedule cleaning frequency based on actual foot traffic rather than fixed timetables.