Posts

Recognising the Value of BIM in Retail Design

Retailers including department stores, supermarkets and shopping malls worldwide operate in a highly competitive market. As well as competing for customers and merchandise, one key factor that spells success for retailers is how rapidly they can expand their operations by sustainably scaling up the number of their outlets. To accelerate the time to market of all new outlets it is important that retailers adopt a design planning process that helps them create retail concepts that are adaptable, clash-free and efficient to build/install within the planned budget.

Considering the need for faster scale up, design accuracy, higher design flexibility and cost efficiency, adopting building information modelling (BIM) techniques can prove to be a positive value proposition for the entire retail property development chain from design consultants and architects, to MEP installers and facility managers. Whilst transitioning from conventional CAD drafting processes to parametric BIM retail design techniques requires significant time and effort, retail BIM modelling helps property developers/owners meet the complex requirements of a fast-paced and competitive industry.

Rapid Development of Design and Construction Documents
Traditional CAD drafting techniques for building design require different trades to create separate drawings. These drawings, which sometimes run into hundreds of inconsistent documents, only convey design intent but fail to communicate vital information necessary for building construction, such as specifications, bill of materials, cost modelling and schedule data. On the other hand, the BIM process necessitates developing parametric 3D models containing intelligent data related to design intent, construction and facilities management information. All this data is combined in one master BIM model that is shared with all major stakeholders.
Whilst the success of retail BIM project depends on the degree to which all project participants (the architect, the MEP design consultant, the MEP contractor, the subcontractor trades, and fit-out specialists, among others) accept BIM as the way forward. The ‘real’ benefit of BIM is in the just-in-time extraction of different documents, data, and views including plans, sections, elevations, 3D perspectives, renderings, bill of materials, bill of quantities (BOQ), material costs, and time schedule. This means retail construction drawing sets, detailed designs, shopfitting drawings, or any construction-related data can be quickly extracted and generated on-demand from the BIM model.

Development of Standardised Re-usable BIM Families
As retail is heavily focused on brand image and brand appearance, a retailer may commonly use consistent fixtures and fittings across their retail network. BIM allows the retail design team to develop a standardised library of BIM families for those fixtures and fittings which can be reused and modified when designing and planning new outlets. This helps the retail owners maintain brand identity with regards to design intent, visual elements, shopfitting layouts, and consumer experiences. As well as reinforcing the retail brand, the design team can increase the efficiency and reduce time required during the conceptual and detail design stages by creating, maintaining, and updating distinct BIM libraries for distinct outlet chains.
For instance, BIM families can be created for key retail architectural elements including floor furniture, shelving, gondolas, seating, storage and cash register areas among others so that these factors remain consistent throughout all the outlets whilst leaving room for customising architectural details and other culture-specific elements.

Creating Store Prototype Models that Can Be Localised
Another area where using BIM adds business value to the retail owners is in the development of new prototype store designs. BIM prototypes are not just 3D dimensional visualisations of the design intent but they are tied to a rich database comprising detailed information on crucial aspects: fixtures, materials, components, building systems, energy analysis, quantity take-offs, and cost estimation. Developing such ‘smart’ prototype designs speed-up the roll out of new store designs than using traditional CAD drafting methods.

This serves the purpose of recreating a similar retail environment and ambience in several locations using the design standards laid out to encourage optimum customer experience. However, international chains entering a foreign market also get the flexibility of tweaking certain aspects according to regional preferences whilst keeping the overall theme and identity consistent. Additionally, using the ‘master prototype’ BIM model as the starting point helps all the major project stakeholders (architect, building services consultants, constrictors, installers, shopfitting professionals, and procurement specialists) to effectively collaborate thereby helping the team to move smoothly into construction documentation without any delay or loss of data from the design and programming phase.

Current and Projected Data-Driven Retail Solution Market size in terms of volume and value 2015-2025 by FMI Estimate

Global Data-Driven Retail Solution Market: Overview
Data-driven retail solution helps retailers to identify and understand consumer by collecting customer’s information such as profile attributes, mode of transaction and behavior etc., from customer relationship management, point-of-sale, e-commerce, navigation logs and social media such as Facebook, Twitter and Pinterest etc. It automates the industry insights about loyal customer, purchases behaviors, audience behaviors, customer segments, and customer journey by analyzing the collected customer information. Data-driven retail solutions enable retailers to integrate their marketing strategies or program with the data-driven solution in order to personalize the purchase experience, engage with each customer specifically, and simplify the purchase process. Data-driven solution’s multi-funnel tracking feature provides easy and actionable sales analytics dashboards which enable retailers to improve the efficiency and coordination of multi-funnel strategy and multi-channel respectively.

Global Data-Driven Retail Solution Market: Segmentation
Global Data-Driven Retail Solution market is classified into solution, deployment model, service, and region.The global data-driven retail solution market can be segmented on the basis of solution which includes retail customer intelligence, media intelligence, customer relationship management, collaboration tools and other solutions. Deployment model includes on-premise and cloud-based. On the basis of service the market can be segmented into consulting, implementation service and integration. Region wise, global data-driven retail solution market is segmented into North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA). At present, North America is dominating the market followed by Western Europe. Among all the regions, APEJ is expected to create huge market opportunity for major players operating in the data-driven retail market during the forecast period.

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-763

Global Data-Driven Retail Solution Market: Drivers
The global data-driven retail solution market is majorly driven by the increased awareness among retailers regarding the benefits of implementation of cloud-based customer & market intelligence solutions and services for business operations. Cloud-based solutions and services enable retailer to manage and control the cost associated with the IT infrastructure. In addition, increasing popularity of software as a service (Saas), cloud computing and big-data analytics in order to improve business operations, sped up information retrieval, and facilitate work are projected to increase the demand for data-driven solution in retail sector across globe.

Global Data-Driven Retail Solution Market: Restraints
While studying the data-driven retail solution market we came across some of the restraints that are limiting the digitization of retail sector worldwide. Some of them are lack of awareness across the sector especially in emerging markets such as India, China, Brazil and Argentina, regarding adoption of digital retail solutions and services for enhancing business operations and high initial cost associated with the implementation of these solutions and services are hindering the growth of data-driven retail solution market.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-763

Global Data-Driven Retail Solution Market: Competitive Landscape
Key players in the global data-driven retail solution market focus on strategic alliances with industry experts in order to improve their offerings and strengthen position in digital customer identity management field. For example, Silentale signed a partnership agreement with Gigya Inc. in order to enhance its social media capabilities by integrating the digital platforms of Silentale and Gigya.

Global Data-Driven Retail Solution Market: Key Players
Some of the major players identified in the global data-driven retail solution market are Tata Consultancy Services Limited, Oracle Corporation, Microsoft Corporation, Neustar Inc., Infogroup, and Silentale etc.