Richard Petrie， Chief Executive ，buildingSMART International，The Importance of Standards Change is inevitable Digital Technology has completely upended traditional business models Consumers expect service and products to get better and cheaper The building and infrastructure industry is ripe for disruptive change Lead, follow or be crushed: change is inevitable!The Importance of Standards Benefits Save time and money On design On construction On operations Make better, more informed decisions Deliver better results for your customers。The Importance of Standards Requirements Open Shareable Machine Readable Data Good data is essential: what is good data? Living with legacy Good data requires open standards。