Why we believeA BREAKTHRUGH REVOLUTIONin the way the BUILT ENVIRONMENT isdesigned and delivered shall not longer be delayed
AECOM - Nicola Colella
MADE Expo – Milan 14 March 2019
Promise No 1: Hard Innovation
MADE Expo – Milan 14 March 2019
Promise No 2: Soft Innovation
MADE Expo – Milan 14 March 2019
Cradle to Cradle, Recycled
Robotics, 3D Printing
High PerformingMaterials
Industrialisation, Off Site Manufacture
Energy Efficiency
HARD SOFT
Open BIM platforms
Augmented Reality
Digital Libraries, Material PassportsBig Data & AnalyticsDigital Surveying, Data Captur
Sensors, Internet of Things
Risk IntermediationSingle Project NatureCost Certainty
RE Value process Energy Efficiency with public grants
1
The End Of Property?
2
The Potential of Space
3Physical Obsolescence is Over
Risk Intermediation is Anachronistic
Business is Fluid
The User’s experirnce is King
4
5
6
1
The End Of Property?• Decelerating RE
Value Worldwide
• Generation Rent
• Needs of millenials
• Alibaba, AirBnB, Amazon
• Subscription Economy
9X
50%
0
2
The Potential of Space
• Growth of coworking
• Coworking space in the US by 2020
• WeWork largesttenant in NY
• Developers enteringflexible space
23%
100M
3Physical Obsolescence is Over
• Software VS Hardware
• Who uses the Big Data?
• Early supply chain
• Price the right selection criteria?
• Supply of system or services?
Risk Intermediation is Anachronistic4
• Risk Allocation VS Competence
• Public Procurement bias
• Need for Disintermediation
• Platform for Trust
• Cost estimation VS market pricing
Business is Fluid5
• Platform Economy
• Air BnB & WeWorkdesigns and build houses
• Mitshubishi, Philips, Siemens charges pay per use fees
• Ikea PaaS Model
• Can Everything be delivered as a Service?
XaaS
Office
Light
Sofas
The User’s experience is King6
• Millenials top client base
• We dont’ know whatthey want
• They ask experiencewe offer sqm
• We don’t control the technology anymore
«Future Proofing» The Built Environment
Location
Construction Risk Occupancy Risk Organisation
Built Environment Space Workplace Experience
User
Value
Guarantees Guarantees
Value
From Risk Silos to Collaborative Solutions to Users Needs
Value targetsService specs
Service Solutions
Facility Design Build & Operate
Operating Agreement/Revenues
StreamsMIND
DeeD
Ope
rato
r
User
TechSponsor 1
User
TechSponsor 2
TechSponsor 3
Ser
vice
le
vels
Ser
vice
le
vels
Ser
vice
le
vels
AvailabilityFee
ServiceFee
BuildingServices
Fee
User
User
User
Pay
perU
se
Pay
perU
se
Pay
perU
se
TechSponsor 1
Tech Sponsor 2
TechSponsor 3
Integrator
EPCM
Operator
Developer
Integrator
PM
O
Ser
vice
s
LenderP
roje
ctD
ebt
Shareholders
Digital Twin
Thanks…
AECOM - Nicola Colella
MADE Expo – Milan 14 March 2019