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Data Management and the Nigerian Built Environment in the Fourth Industrial Revolution: Challenges and Prospects

Author

Listed:
  • David Akinwamide
  • Tunbosun Oyedokun
  • Jonas Hahn

Abstract

The fourth industrial revolution has transformed how data and information are shared and managed in the built environment. The adoption of various technologies (such as BIM, drone technologies, VR, Big Data, Machine learning etc.) for an effective data management in the built environment has therefore created many challenges for professionals to upgrade their practice. This study therefore explore the prospect and challenges of data management in the Nigerian built environment in the fourth industrial revolution. A qualitative technique (such as oral interview) with the review of relevant existing literature on the subject was adopted for this study. Several challenges outlined by professionals include the effect of cloud computing, big data, mobile devices, and financial and ethical concerns. Some possible solutions were discussed for an effective adoption of data management in the fourth industrial revolution. The study recommends that professionals need to upgrade their knowledge and competencies with the changes in the built environment through training, education opportunities and continuing development programmes.

Suggested Citation

  • David Akinwamide & Tunbosun Oyedokun & Jonas Hahn, 2022. "Data Management and the Nigerian Built Environment in the Fourth Industrial Revolution: Challenges and Prospects," ERES 2022_241, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:2022_241
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    More about this item

    Keywords

    Built Environment; Data Management; Fourth Industrial Revolution; Professionals;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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