FIDJI Institute 32-34 avenue Kléber 75016 Paris – France

Digital convergence

What is the purpose of real estate digital convergence?

To establish a real digital continuity, both valuable and sustainable, between the actors of the real estate ecosystem.

What are the design rules ?

The need to design a simple, independent, and transversal tool that carries – or can carry – international standards with the aim of sharing “a body of essential real estate data” that is easy to use, precise and intangible, reliable and useful to the greatest number.

The intention of the members of the FIDJI Institute is to build an efficient tool that bridges existing standards in a pragmatic way and finds common denominators in the service of a digital continuity that can be valued by the real estate industry.

What are the uses of FIDJI Institute’s digital tools?

What FIDJI Institute produces is a digital mutualization – easy to implement at a controlled cost – that leads to significant productivity gains and encourages the emergence of “new collaborative behaviors” for the benefit of users, as well as an accelerated adoption of new regulations.

The deployment of FIDJI tools is a prerequisite for the proper management of low-carbon and LCA indicators. Having a shared language provided by FIDJI data means that owners do not have to worry about the many building- or technology-specific implementation formats.

What are the five characteristics of the FIDJI DATA dictionary ?

Frugal

Frugal, that saying, carrying a precise corpus of data useful to the greatest number of people and essential to give a faithful image of the real estate asset.

Structured

Structured, like a “chart of accounts” (analogy) with a directory of essential data, shared by the different businesses in the sector, organized in a reasonable manner, providing the objectivity necessary for the actors to communicate information in a stable common order; it is intended to be applied to all the businesses in the real estate sector that must be involved in the real estate asset life cycle.

Operational

Operational, because not only is each field explicitly named, but what each field should contain, and the format of that content are precisely described and are not editable by users once listed in the dictionary.

Universal

Universal because the values coded by the format are independent of any software and remain functional regardless of the complexity of the source format used. This allows: 1. to free oneself from the constraining complexity of formats, whether they are structured or not 2. to get rid of their non-operational completeness by focusing on the essential (Pareto 20/80).

Reliable

Reliable, regardless of the quality of the source data used, because the uncertainty is qualified. The qualification of the relative uncertainty, correlated to the real use of the data by each business (metadata), allows the improvement of the level of control over the evolution of the information and therefore, to increase its veracity.