DMI, along with Anixter, Liberty Property Trust and Scientific Games presented "Emerging Technologies Disrupting Real Estate" at the Industrial Asset Management Council's 2017 Fall Forum in Richmond, VA. The panel discussed the changing landscape of the real estate industry from the perspective of both landlord and tenant and the ROI that can be realized from adopting emerging technologies. DMI presented Precision Reality™ to illustrate the transformative effect of an enterprise through the use of big data and advanced visualization.
On September 28, 2017 DMI introduced the next industrial revolution encapsulated in our newest suite of solutions called Precision Reality™. Executives that attended were educated on the latest innovations, from virtual reality to internet of things, forming the foundation for a wellspring of untapped enterprise ROI. DMI shared our experience as a trusted advisor within numerous industries. We were also able to share an exclusive look at some projects with our partners. Together, we explored the the impact of harnessing the transformative power of emerging technology in the enterprise.
There are some innovative uses for virtual reality, but too often the technology comes across as more of a novelty, with gaming and fantasy being the primary focus of use. Dubuque, Iowa strategic systems innovator Design Mill, Inc. and Chicago’s Ideas Into Apps have joined forces to integrate virtual reality with corporate real estate through a technology called Precision Reality. Using laser scanning and 3D modeling, DMI and II2a can recreate a company’s assets, such as real estate, an assembly plant or an office building, in the digital world. Workers or investors in Chicago could take a tour of a property in Lima, Peru via their laptop, or using a VR headset. Surveying and equipment manufacturers around the globe have turned to laser scanners for their work, allowing DMI and II2a to line up partnerships with them to scan properties in almost any area. “If we’re working with a Fortunate 500 company, that has a large portfolio of properties,” said Dave Proctor, Chief Operating Officer for DMI. “We’re a software company, we don’t necessarily want to be a scanning company. That’s where our partners come in, allowing us to scan dozens of properties simultaneously.”