The construction and real estate industries are behind the pack when it comes to embracing emerging technologies.
That’s what a recent article post by Canadian Facility Management and Design (CFM&D), part of Real Estate Management Industry Network (REMI), discovered. It states that companies in this industry need to watch and be aware of key trends such as cloud computing, socializing information and ‘the Internet of things’ in order to have a greater opportunity for improvement.
For example, although cloud computing offers quick and flexible systems, companies continue to use software packages. Also, many companies still spend a lot of time writing emails, searching for information and collaborating internally, unaware that if they took advantage of social media platforms such as Twitter and LinkedIn, they could improve their productivity by a high margin.
The article cites Tom Brauser, COO, BuiltSpace Technologies, a software solution provider for building professionals, who explains that today, people create 99 per cent of all content on the Internet. Therefore, the ‘The Internet of Things’ is the idea of ‘tagging’ various things in order to generate data.
CFM&D puts this technology in a property management context and uses an example of a piece of equipment such as a boiler that can be assigned a code and scanned by a building operator to pull up a checklist for inspection. Once that building operator has completed the checklist digitally, that information is stored and accessible to others on a permission basis.
The article reiterates that property management businesses need to embrace these technologies or risk falling behind. It also outlines tactics property managers should start pursuing in order to improve their efficiency:
- Enabling mobility - relevant for property managers since they are constantly on the move and need to access information quickly
- Embracing the cloud - easily enables mobility
- Digitizing everything – this helps support mobility
- Social collaboration - projects can be managed more efficiently and global experts can be engaged no matter where they are
- Integrating – ensuring that systems being used sync well with various programs
360 Visibility’s Property Manager Software is one solution that can help businesses get in tune with the latest technology and provide property managers with mobility.
Aligned with Microsoft Dynamics NAV, 360 Property Manager makes it easier to manage inquiries, leases and billing for the entire tenant life cycle. The solution also offers automated deal-tracking and the capability of reviewing and editing documents, creating multiple budgets, reminders, and eviction notices.
Furthermore, the Office 365 solution for Property Management allows property managers to easily collaborate and keep resources and contacts at their fingertips. They can access industry information any time of day and the solution works seamlessly with cloud-based services including business-class email, file sharing, and online meetings.
Learn more about our Property Management Software and don’t forget to sign up for a FREE Office 365 trial.
About 360 Visibility Inc
360 Visibility is a business solution company dedicated to enabling enterprise participants to make swift, well-informed, coordinated and above all profitable business decisions. In short, we help you see clearly, and act faster. Founded in 2003 and a Microsoft Gold Certified partner, 360 Visibility delivers mid-to-large scale businesses enterprise software such as Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics CRM, Microsoft Office 365, Microsoft Azure, and technology infrastructure that allows them to effectively pilot their business, capitalize on opportunities and avoid pitfalls. We ensure our clients can compete and win in today’s challenging and dynamic business environment. Industries we serve are: Ficnancial Services, Wholesale Distribution, Property Management, Media/Entertainment and Professional Services. For more information contact 360 Visibility at: 1 905 907 3600, info@360visibility.com or our website: www.360visibility.com.
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