Implementation Projects
If you have a business issue which would benefit from faster, lower cost, and more accurate, information exchange with your trading partners, OSCRE’s Implementation Projects are designed to provide a rapid and collaborative solution.
OSCRE Implementation Projects work in conjunction with OSCRE's well-established standards Workgroups to significantly accelerate adoption of standards based solutions.
Whereas standards Workgroups tend to focus on one topic and result in a consensus specification, Implementation Projects offer rapid prototyping with multiple outcomes including implementations, demonstrations, IT engineering, and candidates for further standards.
- Pooling effort, expertise, and expense is a low risk and cheap way to develop and implement new technology;
- OSCRE’s commercially neutral and open principles ensure a level playing field. All parties are free to innovate by applying the standards in their own organizations or products;
- Sponsorship reflects real business issues, which leads to faster and broader industry adoption and ensures the commitment of the project leaders to agreed deliverables and timescales;
- Software vendors and users working together in an applied development environment increases opportunity for innovation and new value propositions;
- Profitable relationships are established between like minded but otherwise competitive organizations, that might not otherwise have been possible.
Commercial Information Exchange Initiative (CIEI-2.0)
(Proposed)
Lease Summary Demonstration Project (LSDP)
(In-progress)
OSCRE’s Investor Forum, a roundtable consisting of companies which invest directly in property as an asset class and which, either in-house or in outsourced arrangements, manage, value and transact in real estate, has identified a long standing problem associated with the updating of property management systems with information derived from lease agreements. Updates from lease abstracts and lease administration reports are essential functions that supply and maintain the data used by the industry in all aspects of its operations. Increasing use of individually independent systems and file formats as well as increasing lease transaction tempo are intensifying the problems for owners and property managers.
A solution has been suggested which will demonstrate the use of open exchange specifications to empower various parties using familiar tools to originate and update lease information faster, more accurately, and at a much lower cost. Sponsors have come forward and additional sponsors are invited to provide resources, govern the goals and execution of the demonstration, and benefit from first access to the implementations.
A link to the Concept Statement describing the demonstration initiative is provided. Those having interest in sponsoring and/or providing services or solutions are encouraged to contact Catherine Williams(catherine.williams@oscre.org).
Related Links
Lease Demo Concept Statement
Portfolio Information Exchange
(Proposed)
Real Estate Portfolio Inventory Consolidation (REPIC)
(Proposed)