Why we need Standards
The real estate industry is fragmented and very diverse. Vital performance knowledge on buildings and portfolios is often not shared. Processes remain very manual and paper dependent. This leads to high integration costs and poor productivity as the same data is re-entered into multiple database systems. Instead, managers need open, free, industry-wide digital standards to improve business analysis and enable more intelligent operations in an increasingly automated and web-based world.
Chosen Technologies
In order to exchange data effectively with other trading partners a globally accepted standard was the pre-requisite. As a result of research into the global standards industry, leveraging contacts built up from international liaison and discussions with
OASIS, ebXML emerged as the only viable option.
EbXML is predominantly based on other existing widely accepted standards such as
SOAP and
XML and is expected to be fairly future proof.
UBL, a Technical Subcommittee of OASIS, has deployed the
Core Components Technical Specification (CCTS) and the data dictionary which is part of the ebXML specification, to construct a Business Library of Components and a Schema Library.
We consider the UBL methodology and experience the best route for us to follow in order to address the harmonisation and contextualisation issues that will arise in building our Component Library. We are working closely with both, UBL and with
UN/CEFACT who manage the development of ebXML, in the on-going development of global Standards.
Relationship with other Standards
This diagram illustrates the relationships between the various global standards bodies, how they interact with each other and with the OSCRE Standards.
