Benefits only fully available with open international standards: New Markets New markets created and market access made easier Exports Enabled driving GDP Growth International trade easier for Contractors, Product Manufactures, Vendors Scale Benefits Vendors able to invest in better tools for AEC supply chain Whole life asset management for governments and clients Improved Performance Government and client procurement and operational savings AEC participants and vendors less waste Improved techniques leading to improved margins Industry Development Shared learning environment Increasing value contribution per capita De-risked growth New boundaries on which to compete The built environment industry fully enabled for the digital economy Specific Benefits Building Owners / Operators will benefit from digitally enabled standardized information allowing better project definition, delivery and asset operation. Software Vendors will benefit from standardized processes for advanced features. Product Manufactures / Users will benefit from clients, designers and engineers accessing information from product manufacturers and suppliers in a timely way. Infrastructure will benefit in the same way that the building Industry benefits from BIM standards for Infrastructure. Tier I Contractors will benefit from process driven methods which de-risk operations and underwrite improved financial performance And shared research programs de-risk technical paths for next generation standards.