User Manual

While that certainly appears to be a positive trend, 60 percent of those using software for data analysis
and visualization are not confident or are only somewhat confident that their solutions will help them
realize their portfolio goals.
These are early days and there are many claims being made about how big data and data analytics will
allow those managing enterprise real estate portfolios to achieve breakthroughs in their operations.
During our interviews with executives, the current level of technological capabilities was likened to the
1990’s Internet era or an earlier 1980’s age of DOS-based PCs.
As one respondent commented, “We’re in the trough of disillusionment in the typical IT curve. There
was a lot of promise and most of it was marketing. Some of our properties invested in companies that
claimed they could solve our problems and many of those investments have not generated the returns
we expected.”
In order to cut through the hype and identify the way forward, we’ve identified three myths about big
data for enterprise energy management. But lest you feel things are moving too slowly, we’ve also
identified five actions that can be taken to start laying the foundation to gain the promised benefits
from big data and data analytics.
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Three Big Myths About Big Data © 2014 GreenBiz Group Inc. www.greenbiz.com.
43%
44%
6%
6%
Yes, we currently have a solution in place
Yes, we would like to utilize a dashboard in
the near-future but don’t have one currently
No, and we have no interest in a
dashboard for our organization
I don’t know
Are you currently or do you have plans to utilize a dashboard to
visualize building/portfolio data across your enterprise