Apps Run The World

QuadReal Digital Transformation Initiatives

Apps Run The World

About the Customer

QuadReal Property Group is a Canadian real estate investment, development, and management company operating on a global scale.

Scope and Challenges

Aiming to double the value of its real estate portfolio in five years, QuadReal’s decision-makers need timely, accurate insight into portfolio data scattered across many disparate source systems. Paying into a retirement fund is commonly regarded as a prudent, low-risk investment—but the performance of pension funds depends on the diligence and skill of fund managers to keep your capital growing year after year. When a fund invests in a portfolio of real estate, it needs to ensure that the commercial, residential and industrial properties within that portfolio are well-managed and maintained to maximize the return on that investment.

Outcome and Implications

By building advanced analytics capabilities on carefully governed business data, QuadReal can equip decision-makers across all parts of the business with the insights they need to drive the growth of its asset portfolio, and optimize return on investment. Some of QuadReal’s personnel are now using reports from the platform to drive their end-of-month reporting and day-to-day activities.

IBM Maximo is a comprehensive solution for managing physical assets on a common platform. With Maximo, you can maintain all asset types, check their health in real time and streamline global operations, from procurement to contract management. Choose from several implementation methods on-premises or in the cloud with two Software-as-a-Service (SaaS) options to fit your business requirements.

Quotes

“Even though our data migration is still in progress, we wanted to focus on delivering use cases for portfolios of assets we could report on, and provide our users with simpler ways to consolidate the data. We are always looking for better ways to harness our data to help our people make decisions, comments Wong. We see great potential in using predictive and prescriptive modeling to enhance the decision-making process. For example, by mining our lease data for hidden patterns, we could create a churn model to alert our people when we detect occupants who are unlikely to renew. Similarly, we could combine data on residential rates with the regional average to identify the optimal time to renovate a rental suite.”-said Sam Wong, Head of Analytics and Data Science at QuadReal.


666 Burrard St
Vancouver, BC V6C 2X8 , BC
Canada
1 604-975-9500
https://www.quadreal.com/
Industry Employees Revenue
Construction and Real Estate Subscribe Subscribe

Enterprise Software & Cloud Applications Purchased by QuadReal


Vendor Old Product New Product Function Market Users VAR/SI When Live
IBM Legacy Applications IBM Cognos Analytics Analytics and BI Analytics and BI n/a Lighthouse Computer Services 2016 2017
Subscribe Subscribe Subscribe IoT Based Enterprise Asset Management SCM Subscribe Subscribe 2016 2017
Subscribe Subscribe Subscribe AI Platform Artificial intelligence Subscribe Subscribe 2017 2018

IT Decision Makers and Key Stakeholders at QuadReal


First Name Last Name Title Email Phone
Subscribe Subscribe Vice President Corporate Communications Subscribe Subscribe
Subscribe Subscribe Head of Analytics and Data Science Subscribe Subscribe
Subscribe Subscribe Director of Enterprise Applications Subscribe Subscribe