--- title: "In-Building Tech: What is Operations Performance Management and how does it benefit CRE?" description: The implementation of IoT in CRE still leaves challenges as disparate systems in commercial buildings cannot communicate with each other. An emerging technology dubbed Operations Performance Management (OPM) provides the CRE sector with applications to unlock the potential of IoT technology. image: https://blog.thoughtwire.com/hubfs/94391805_l-1024x683.jpg --- [![ThoughtWire](https://blog.thoughtwire.com/hs-fs/hubfs/Asset-19/ThoughtWire.png?width=585&name=ThoughtWire.png "ThoughtWire")](https://www.thoughtwire.com/) - [Smart Hospitals](https://thoughtwire.com/smart-hospital-products/) - [Smart Buildings](https://thoughtwire.com/smart-building-products/) - [Technology](https://thoughtwire.com/technology/) - [About](https://thoughtwire.com/about/) - [Resources](https://www.thoughtwire.com/smart-built-environment-resource/) - [Smart Resources](https://www.thoughtwire.com/smart-built-environment-resource/) - [Blog](https://blog.thoughtwire.com) - [News Center](https://blog.thoughtwire.com/news) - [Request a Demo](https://info.thoughtwire.com/demo) #### OverView Our HighIQ Smart Healthcare solution helps optimize the day-to-day lives of doctors, nurses, and clinicians at work. Find the right solution for your hospital. [Find Out More](https://www.thoughtwire.com/smart-hospital-products/) #### GET STARTED - ##### [Problems We Solve](https://www.thoughtwire.com/smart-hospital-solutions/problems-we-solve/) Solve your biggest challenges - ##### [Our Solutions](https://www.thoughtwire.com/smart-hospital-solutions/) Make your hospital smarter - ##### [Our Customers](https://www.thoughtwire.com/smart-hospital-solutions/customers/) Who we work with #### PRODUCTS - ##### [EarlyWarning](https://www.thoughtwire.com/smart-hospital-products/early-warning-application) Better predict patient deterioration - ##### [SynchronizedOps](https://www.thoughtwire.com/smart-hospital-products/synchronized-ops-application) Improve efficiency to reduce wait times - ##### [RapidResponse](https://www.thoughtwire.com/smart-hospital-products/rapid-response-application/) Respond to patients faster and better #### Overview Our HighIQ Smart Buildings solution empowers building owners and occupants to take control of their space. Find the right solution for your commercial building. [Find Out More](https://www.thoughtwire.com/smart-building-products/) #### GET STARTED - ##### [The Problems](https://www.thoughtwire.com/smart-building-solutions/problems-we-solve/) Solve your biggest challenges - ##### [Our Solutions](https://www.thoughtwire.com/smart-building-solutions/) Make your building smarter - ##### [Our Customers](https://www.thoughtwire.com/smart-building-solutions/customers/) Who we work with #### PRODUCTS - ##### [PrecisionHub](https://www.thoughtwire.com/smart-building-products/precision-hub/) Optimize building operations - ##### [@Work](https://www.thoughtwire.com/smart-building-products/at-work-application/) Improve tenant experience #### Overview Built using a super-fast graph database, our Digital Twin technology is at the heart of our applications. [Download e-book](https://info.thoughtwire.com/fp-opm-application-digital-twin-technology-ebook) #### GET STARTED - ##### [Overview](https://www.thoughtwire.com/technology) Connecting people and spaces for smarter built environments. - ##### [Digital Twin Technology](https://www.thoughtwire.com/technology/digital-twin/) What is a Digital Twin? - ##### [Core Services & Connectors](https://www.thoughtwire.com/technology/platform-services) The foundation for smart built environments #### OVERVIEW At ThoughtWire, we’re on a mission to create Smarter Spaces by using powerful Digital Twin Technology to bring Built Environments to life. [FIND OUT MORE](https://www.thoughtwire.com/about/) #### GET STARTED - ##### [Our Leadership](https://www.thoughtwire.com/about/leadership) Dedicated, focused and experienced executive - ##### [Careers](https://www.thoughtwire.com/about/careers/) You belong at Thoughtwire #### Find Out More - ##### [Ambiant Labs](https://www.thoughtwire.com/about/ambiant-labs) Making the art of possible come to life - ##### [News Center](https://blog.thoughtwire.com/news) Keep up with the latest ## [How Healthy and Resilient Is Your Building?](https://blog.thoughtwire.com/how-healthy-and-resilient-is-your-building) by [Christina Piruchta](https://blog.thoughtwire.com/author/christina-piruchta) on March 02, 2021 Top 3 Reasons Your Building’s Intelligence is Key to Your Safe Back-to-Work Strategy How would you feel if your building could assess sanitation and s\[...\] [Read more](https://blog.thoughtwire.com/how-healthy-and-resilient-is-your-building) ## [Poll Results: The Value Smart Buildings bring Occupants, Operators and Owners](https://blog.thoughtwire.com/value-of-smart-buildings-poll-results) by [Frans van Staden](https://blog.thoughtwire.com/author/frans-van-staden) on October 27, 2020 During our recent webinar, we asked our attendees a series of poll questions that cover three themes: 1. What makes a Building Smart, 2. The value a D\[...\] [Read more](https://blog.thoughtwire.com/value-of-smart-buildings-poll-results) ## [Expert Q&A: The Value Smart Buildings bring Occupants, Operators and Owners - Part 2](https://blog.thoughtwire.com/value-of-smart-buildings-part-2) by [ThoughtWire](https://blog.thoughtwire.com/author/thoughtwire) on October 12, 2020 Recently, we hosted a webinar with industry experts from Yorkland Controls, DB Engineering and Multiplex. Below is part two of two excerpts from our e\[...\] [Read more](https://blog.thoughtwire.com/value-of-smart-buildings-part-2) ## [Expert Q&A: The Value Smart Buildings bring Occupants, Operators and Owners - Part 1](https://blog.thoughtwire.com/value-of-smart-buildings-part-1) by [ThoughtWire](https://blog.thoughtwire.com/author/thoughtwire) on October 06, 2020 Recently, we hosted a webinar with industry experts from Yorkland Controls, DB Engineering and Multiplex. Below is part one of two excerpts from our e\[...\] [Read more](https://blog.thoughtwire.com/value-of-smart-buildings-part-1) ## [Evolution of the Real-Time Health System](https://blog.thoughtwire.com/evolution-of-the-real-time-health-system) by [Carly McLeod](https://blog.thoughtwire.com/author/carly-mcleod) on August 18, 2020 Health systems have evolved significantly with technology throughout the years, with each innovation aiming to reach a higher level of transformation,\[...\] [Read more](https://blog.thoughtwire.com/evolution-of-the-real-time-health-system) # Thoughts Over the Wire - [Events (24)](https://blog.thoughtwire.com/tag/events) - [Featured (68)](https://blog.thoughtwire.com/tag/featured) - [Smart Buildings (77)](https://blog.thoughtwire.com/tag/smart-buildings) - [Smart Hospitals (47)](https://blog.thoughtwire.com/tag/smart-hospitals) - [TW Team (31)](https://blog.thoughtwire.com/tag/tw-team) - [TWTurns10 (8)](https://blog.thoughtwire.com/tag/twturns10) [Back to Blog](https://blog.thoughtwire.com) # In-Building Tech: What is Operations Performance Management and how does it benefit CRE? By [ThoughtWire](https://blog.thoughtwire.com/author/thoughtwire)09, Oct 2018 *This article is a brief excerpt from the original, authored by Juan Pedro Tomás on In-Building Tech's website. See the link at the bottom for the full article.* ![94391805_l-1024x683](https://blog.thoughtwire.com/hubfs/94391805_l-1024x683.jpg) #### [**Operations Performance Management ties together building systems**](https://info.thoughtwire.com/fp-opm-application-download-the-blueprint-for-operations-performance-management) One of the main goals of commercial real estate (CRE) building owners and managers is to develop a strategy to save operational and energy costs while providing world-class tenant experiences in order to increase asset value. To achieve this purpose, the internet of things (IoT) is seen as a key solution. However, the implementation of [IoT in CRE](https://blog.thoughtwire.com/iot-paving-the-way-for-smart-buildings) still leaves some challenges as disparate systems in commercial buildings cannot effectively communicate to each other. To deal with these challenges, an emerging [technology dubbed Operations Performance Management (OPM)](https://www.thoughtwire.com/technology/) provides the CRE sector with applications to [unlock the potential of IoT technology.](https://info.thoughtwire.com/fp-smart-building-solutions-iot-opm-webinar) Many commercial buildings currently rely on manual or disparate methods of coordination, which makes difficult to reach optimization of processes and improve efficiencies in a scenario where tenants want to have more control over their experience in commercial buildings. [OPM enables employees and tenants to take actions](https://info.thoughtwire.com/fp-smart-building-opm-download-the-asset-managers-guide-to-opm) based on context-rich and real-time information about their smart environments in commercial buildings. This emerging technology also creates an orchestrated ecosystem within built environments, which puts the power in the hands of CRE developers, owners, operators and managers to control and adjust systems and processes in real-time. “OPM is critically important for CRE property owners and managers in the CRE sector to unlock the full potential of IoT investments and deployments. The CRE sector is aware of the challenges associated with ensuring a truly cohesive IoT implementation strategy as owners and managers look to pursue digital transformation in built environments,” Mike Monteith, co-founder and CEO of ThoughtWire, told *In-Building Tech*. “There is a strong interest in understanding how to streamline system-wide updates and integrations to more seamlessly connect disparate IoT systems and devices. However, most owners and managers are not yet fully aware of the solutions available and the benefits they can obtain with OPM,” he said. “OPM may be an emerging category of software but it has existed in the industrial world for decades. We’re currently the only vendor bringing this brand of complex system orchestration and optimization to the built environment. OPM’s success in manufacturing and other heavy industry indicates a positive market outlook for its application in CRE,” the executive said. Commenting on the outlook for this technology, the executive said that OPM would probably reach a maturity point in 3-5 years. “We’re at the early stages of adoption of not just OPM but a variety of emerging technologies that are designed for digital transformation for CRE.” [Read the full article by Juan Pedro Tomás on In-Building Tech here.](https://inbuildingtech.com/bms/operations-performance-management-benefits-cre/) [Back to Blog](https://blog.thoughtwire.com) ### Schedule a Demo ## [![demo-cta](https://blog.thoughtwire.com/hs-fs/hubfs/demo-cta.png?width=250&name=demo-cta.png)](https://info.thoughtwire.com/demo) ### How do you connect the inside with the outside world? [![Video-smart-cities](https://blog.thoughtwire.com/hs-fs/hubfs/Web%20Images/Video-smart-cities.png?width=300&name=Video-smart-cities.png)](https://info.thoughtwire.com/mike-monteith-talks-how-smarter-buildings-are-the-key-to-smart-cities-opm-applications-bisnow) ### Find out how Hamilton Health Sciences is turning vision into reality  [![Case Study - Hamilton Health Sciences](https://blog.thoughtwire.com/hs-fs/hubfs/Asset%20Cover/Screenshot%202018-10-17%2009.45.18.png?t=1543257506419&width=280&name=Screenshot%202018-10-17%2009.45.18.png)](https://info.thoughtwire.com/fp-smart-hospital-case-study-hamilton-health-sciences-prevent-code-blues-calls)  ### Download the industry's first strategy blueprint for OPM [![OPM_strategy](https://blog.thoughtwire.com/hs-fs/hubfs/OPM_strategy.png?width=300&name=OPM_strategy.png)](https://info.thoughtwire.com/download-the-industrys-first-strategy-blueprint-for-opm-fp) ### Subscribe Thoughts Over the Wire to receive the insights on Operations Performance Management (OPM) ### Read more of what you like. ## [How can Occupants Return to Work Safely and Confidently Post-COVID?](https://blog.thoughtwire.com/how-can-occupants-return-to-work-safely-and-confidently-post-covid) ## [How Healthy and Resilient Is Your Building?](https://blog.thoughtwire.com/how-healthy-and-resilient-is-your-building) ## [Poll Results: The Value Smart Buildings bring Occupants, Operators and Owners](https://blog.thoughtwire.com/value-of-smart-buildings-poll-results) ![newsletter_bg](https://cdn2.hubspot.net/hub/2432204/hubfs/99%20Template%20Pack/newsletter_bg.jpeg?t=1540381063743&width=2000&name=newsletter_bg.jpeg "newsletter_bg") ## Get all News Updates to your inbox. Please subscribe with your business email address. ### Subscribe Here! ![ThoughtWire](https://blog.thoughtwire.com/hs-fs/hubfs/Asset-19/tw_logo_white-2.png?width=554&height=100&name=tw_logo_white-2.png "ThoughtWire") ThoughtWire is on a mission to bring the built environment to life. By orchestrating data from people, process, and the physical built environment ThoughtWire’s built environment Digital Twin delivers smarter, safer and more efficient hospitals, commercial buildings, and cities. Connect and follow us to learn more. - - - #### Smart Hospital Solutions - [Problems We Solve](https://www.thoughtwire.com/smart-hospital-solutions/problems-we-solve/) - [Our Solutions](https://www.thoughtwire.com/smart-hospital-solutions/) - [Our Customers](https://www.thoughtwire.com/smart-hospital-solutions/customers/) #### Smart Building Solutions - [Problems We Solve](https://www.thoughtwire.com/smart-building-solutions/problems-we-solve/) - [Our Solutions](https://www.thoughtwire.com/smart-building-solutions/) - [Our Customers](https://www.thoughtwire.com/smart-building-solutions/customers/) #### About - [Technology](https://www.thoughtwire.com/technology/) - [About](https://www.thoughtwire.com/about/) - [Blog](https://blog.thoughtwire.com/) - [Resources](https://www.thoughtwire.com/smart-built-environment-resource/) - [Privacy Policy](https://www.thoughtwire.com/privacy-policy/) - [Smart Building Definitions](https://info.thoughtwire.com/smart-building-definitions) © All rights reserved ThoughtWire 2021