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.

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.

Find out more under www.ibpdi.org.