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3 NOV 2017

Global Trends in Data Capture and Management

As part of our participation at the 23rd Conference of the Parties (COP23), the annual United Nations (UN) member summit on climate change, we have launched a new report which that pulls together insights gained from members of the Global Alliance for Buildings and Construction (Global ABC). The Global ABC is made up of UN member states and sector leaders in the building sector, including RICS.

The report analyses how building related data, including physical, performance and financial information, is currently being captured and managed by key sector representatives. It also highlights the repercussions current data capture and management patterns can have for how countries and organisations meet their energy saving and climate targets and commitments.

More specifically, the report investigates what type of data is collected by whom, where and for what reason. It also examines key challenges in relation to better data capture and management which includes issues such as:

  • lack of a central storage locations 
  • non-harmonised data collection formats and data reporting obligations 
  • overall data availability and accessibility, and 
  • data reliability.

While the report lists an encouraging number of good practice examples and public and private initiatives, the overriding message of the survey findings is that the fragmentation and silo-thinking that the sector is known for also translates into the way it handles its data.

The report concludes that in terms of effective data capture and subsequent management of that data, the sector still has some way to go.

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