Not long ago, the “Cloud” was looked upon with a great deal of trepidation. But in lockstep with technological innovation, the cloud is now everywhere. The cloud is an Internet-based service that delivers various applications and services, such as data storage, servers, databases, networking and software. Cloud-based storage makes it possible to store files in […]
For the past several years, cloud computing has revolutionized how businesses handle everything — from security and efficiency, to costs and data analytics, and more. In fact, executives across all industries, sizes and geographic locations are recognizing the many advantages of cloud computing for businesses, and Commercial Real Estate (CRE) development is no exception. Resistance […]
As with many other industries, the commercial real estate (CRE) space has seen digital innovation and technology adoption continue to grow over the years, especially lately. By 2019, according to Deloitte’s annual survey, tech had spread through virtually the entire continuum of the CRE industry, but its adoption was still moving relatively slowly compared with other […]
Like many industries several years ago, Commercial Real Estate (CRE) was in danger of falling behind in new technology implementation. But that is definitely no longer the case. From 2015 to 2019, property tech (Proptech) investment in the CRE space grew by 1072%, and in 2018, venture capital firms invested $8.3 billion in Proptech companies […]
When it comes to avoiding long-term technical debt, it’s about playing chess, not checkers. It is imperative to plan many moves ahead in order to minimize quick solution fixes and maximize tech’s potential to improve quality and reduce cost. Technical debt, in essence, is the price paid in extra work and lost time by trying […]
Big data is proving to be one of the most transformational segments of digital innovation because it simply impacts everything. There is not one aspect of business that cannot be augmented by the proper collection and best use of good, clean data, and commercial real estate (CRE) is no different. Let’s examine a few ways […]
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