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Glossary
Key Takeaways:
Building operations involve all activities required to operate, manage, and maintain buildings
Building management software optimizes building operations by providing a connected system for automation, collaboration, communication, and data-driven insights
Modern CRE relies on technology to maximize tenant and owner experiences
Across every sector, digital transformation, thanks to innovative technologies, is changing how people, businesses, and even buildings, operate. In fact, the growth rate for building operations software is on the rise, with an expected compound annual growth rate (CAGR) of 13.2% between 2025 and 2033. Smart buildings and connected software are optimizing how property managers, developers, and owners handle building operations, leading to better outcomes for everyone.
Let’s take a look at what building operations consist of, how building management software can ease the burden, and why it’s so important for all involved.
Building operations refer to the tasks and processes involved in maintaining, operating, and managing buildings. If you think about it– buildings are like living beings. They are made up of systems that constantly evolve and change. Most of all, they require daily attention and care in order to survive and thrive.
For all types of buildings, whether it be multifamily, industrial, retail, etc., building operations entail the oversight and maintenance of various systems, including:
There are multiple goals of building operations, with the top of mind goal being to ensure that the building and its occupants are safe. Additionally, proper management is needed to extend the lifespan of the building and its assets, provide comfort to all who occupy its spaces, and to upkeep efficiency and the effective use of resources.
These days, buildings aren’t just about the physical attributes– most companies are focusing on the people inside of buildings and doing whatever possible to optimize their experiences. This approach to building operations management is known as BOE, which stands for Building Operations and Experience.
BOE combines three main areas of focus, which are:
When owners and operators proactively manage building operations (especially with the aid of a platform), the value is transferred to tenants and occupants who experience fewer disruptions and issues.
The need for building operations and proper management cannot be understated. Proactive management that is data-driven can make all the difference in your building’s longevity, as well as the tenant experience.
The benefits and importance of building operations is wide-reaching.
Let’s break them down:
Gone are the days where building managers and operators have to carry out building operating management with paper and pen. With a building operating system like Visitt, you can reap the benefits of AI-powered innovation that delivers a unified, all-in-one platform for preventive and predictive maintenance. We’ll come back to this later, but in the meantime, it’s nice to know that you don’t have to stress about building operations when you have a modern tool by your side to assist.
To make the most out of your building operations, keep in mind the following building operations best practices.
All of these best practices are made a reality when you use a system like Visitt.
Building operations don't exist without its fair share of tests along the way. With adequate preparation, tools, and planning, you can overcome the hurdles.
Take a look at what to be ready for:
Visitt is a commercial real estate (CRE) property operations platform that provides a seamless and connected solution for operators and tenants alike. Visitt is purposefully designed for modern CRE teams, delivering a mobile-first platform that is easy for teams to adopt and scalable across portfolios.
Visitt’s functionalities stand out across the board, enabling:
With Visitt implemented, your team is able to:
Technology is transforming how commercial real estate portfolios exist and expand. With building operations being a non-negotiable, owners, operators, and developers are benefitting from the use of building operations software.
Building operations software supports preventative maintenance, automated workflows, seamless reporting, and access to cross-portfolio KPIs and benchmarking. With a connected, mobile-first system, you gain access data in real-time, expedite tasks, streamline communication, and enhance oversight and efficiency.