5 good reasons for a tech check
Every company should ask itself from time to time: Are we ready for the future? Logical - you will think so. Most of the time, however, these considerations revolve around topics such as the product, sales markets or organization. But what about emerging technologies and the digital mindset?
There are several reasons why it is worthwhile for a company in the real estate business to embrace new technologies.
Attractiveness for employees: High potentials and well-trained employees want to work in companies that are agile and digital. In order to be able to keep up with the future “war for talents”, digital company DNA is almost a “hygiene factor”.
Creation of efficiency and transparency: With new solutions – for example in the field of artificial intelligence and data analytics – resources can be bundled correctly, investment decisions can be made well-founded, and rental and sales processes can be processed faster and more cost-effectively.
Minimizing risks: Through the targeted use of technologies, data can be generated, structured and analyzed in order to improve the basis for decision-making and thus minimize risks.
New options for monetization: Disruptive new technologies such as blockchain technology are “business enablers” and promote the development of new business models, ecosystems and collaborations.
Improvement of the user experience: New technologies such as virtual or augmented reality enable a completely new user experience. This type of convenience will become standard in the future and customers will probably no longer want to do without it.
You can find an overview of new technologies and PropTech solutions here: https://hubs.li/H0RQjYL0