Featured Research

from universities, journals, and other organizations

Software Difficulties Cost Builders Billions

Date:
August 31, 2004
Source:
National Institute Of Standards And Technology
Summary:
Inadequate software interoperability in the capital facilities industry cost the commercial, institutional and industrial building sectors $15.8 billion in 2002 in lost efficiency, according to a newly released study commissioned by the National Institute of Standards and Technology (NIST).

Inadequate software interoperability in the capital facilities industry cost the commercial, institutional and industrial building sectors $15.8 billion in 2002 in lost efficiency, according to a newly released study commissioned by the National Institute of Standards and Technology (NIST).

Conducted by RTI International (Research Triangle Park, N.C.) and the Logistics Management Institute (McLean, Va.), the report places a price tag on avoidance, mitigation and delay activities due to data-exchange problems. It also takes into account the cost of redundant paper management.

The analysis, expected to benefit key stakeholders throughout the construction industry, breaks down data exchange-related losses for architects and engineers, general contractors, specialty fabricators and suppliers, and owners and operators at three different stages of a building’s life: (1) design and engineering; (2) construction; and (3) operations and maintenance.

The publication, Cost Analysis of Inadequate Interoperability in the U.S. Capital Facilities Industry (NIST GCR 04-867), also identifies barriers and opportunities for improvement. Electronic copies are available at www.bfrl.nist.gov/oae/oae.html.


Story Source:

The above story is based on materials provided by National Institute Of Standards And Technology. Note: Materials may be edited for content and length.


Cite This Page:

National Institute Of Standards And Technology. "Software Difficulties Cost Builders Billions." ScienceDaily. ScienceDaily, 31 August 2004. <www.sciencedaily.com/releases/2004/08/040831091009.htm>.
National Institute Of Standards And Technology. (2004, August 31). Software Difficulties Cost Builders Billions. ScienceDaily. Retrieved July 23, 2014 from www.sciencedaily.com/releases/2004/08/040831091009.htm
National Institute Of Standards And Technology. "Software Difficulties Cost Builders Billions." ScienceDaily. www.sciencedaily.com/releases/2004/08/040831091009.htm (accessed July 23, 2014).

Share This




More Matter & Energy News

Wednesday, July 23, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Boeing Ups Outlook on 52% Profit Jump

Boeing Ups Outlook on 52% Profit Jump

Reuters - Business Video Online (July 23, 2014) Commercial aircraft deliveries rose seven percent at Boeing, prompting the aerospace company to boost full-year profit guidance- though quarterly revenues missed analyst estimates. Bobbi Rebell reports. Video provided by Reuters
Powered by NewsLook.com
Europe's Car Market on the Rebound?

Europe's Car Market on the Rebound?

Reuters - Business Video Online (July 23, 2014) Daimler kicks off a round of second-quarter earnings results from Europe's top carmakers with a healthy set of numbers - prompting hopes that stronger sales in Europe will counter weakness in emerging markets. Hayley Platt reports. Video provided by Reuters
Powered by NewsLook.com
9/11 Commission Members Warn of Terror "fatigue" Among American Public

9/11 Commission Members Warn of Terror "fatigue" Among American Public

Reuters - US Online Video (July 22, 2014) Ten years after releasing its initial report, members of the 9/11 Commission warn of the "waning sense of urgency" in combating terrorists attacks. Mana Rabiee reports. Video provided by Reuters
Powered by NewsLook.com
Government Approves East Coast Oil Exploration

Government Approves East Coast Oil Exploration

AP (July 18, 2014) The Obama administration approved the use of sonic cannons to discover deposits under the ocean floor by shooting sound waves 100 times louder than a jet engine through waters shared by endangered whales and turtles. (July 18) Video provided by AP
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:
from the past week

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins