Building Information Modelling Involves The Creation And Management Of Information About Construction Projects Throughout The Entire Project Lifecycle
Data and files created by one vendor's apps could not function with other vendor solutions because some BIM software developers have built proprietary data structures into their programme. Neutral, non-proprietary, or open standards for sharing Building Information Modelling data among various software programmes have been established in order to achieve interoperability between applications. Inefficient software interoperability has long been seen as a barrier to BIM adoption in general and industry efficiency in particular. According to a report from the US National Institute of Standards and Technology (NIST) published in August 2004, the US capital facilities industry loses $15.8 billion annually because of insufficient interoperability brought on by "the industry's highly fragmented nature, its continued use of paper-based business practises, a lack of standardisation, and inconsistent technology adoption among participants."
Read More- https://coherentmarketinsightsus.blogspot.com/2022/11/building-information-modelling-is.html