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Why Owners Need to Understand the Core Principles and Value of Data

Discover insights on how data ownership can influence positive business outcomes for owners.

The construction industry generates an enormous amount of data. But for data to drive business intelligence, it must be specified, captured, and interpreted accurately. This is why a successful handover strategy is a vital part of a project as it contains information about the critical assets, materials, and equipment for facilities maintenance and operations.

With 70% of owners realizing the value of building information modeling (BIM) post-construction during operations, it’s essential to establish standards at the onset of a project to organize and structure data to achieve actionable insight that drives decision-making. Download this mini ebook to learn about the importance of data ownership and how a Common Data Environment can unlock the value of data to drive better insights into operating capital assets.