Building the future standard

The International Building Performance & Data Initiative has the goal of creating unprecedented consistency and coherence for industry-related data. As a result, benchmarking by international standards, the integration of industry-specific KPIs and finally AI for advanced business intelligence becomes a reality of real estate management.

The lack of standardization of data and information flows leads to numerous data silos in companies in the real estate industry. With our joint initiative, we’re bringing together what belongs together – data-driven insights and global industry standards. Tobias Decker CPO BuildingMinds

Built on the belief of transparency

Initiated by BuildingMinds, Microsoft, pom+ and RICS, an industry-specific Common Data Model provides real estate with a true industry standard. Anyone interested in the goal of creating a common data language for the industry is invited to join the initiative and share their knowledge. Moreover, the results will be made publicly available as an open source so that the standard can be adopted more easily by the industry.

IBPDI members are a reflection of the diversity of the real estate market – building owners, investors, consultancies and corporates across nations and borders.

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