Smart building technology is, in the broadest definition, the use of technology to make buildings more responsive and intelligent and has the effect of improving their performance.
Businesses across different sectors have been leveraging data to streamline their business, reduce costs, develop marketing strategies, and increase revenues. The real estate industry is no different.
What is ConTech?
ConTech, or ‘Construction Technology’ in its broadest sense, refers to adopting technology solutions in the construction sector. Technology has been employed in various ways; many ConTech solutions aim to increase efficiencies and reduce construction costs, from the planning and designing stages to the construction and, ultimately, the management of the finished building.
Most people will have heard of the concept of blockchain and may have a basic understanding of what it entails. Until recently, the term ‘blockchain’ was synonymous with cryptocurrencies, such as Bitcoin. Most people will associate blockchain with cryptocurrencies such as Bitcoin and Ethereum.
The challenges of managing building maintenance services can be daunting for property managers and are growing even more so with rising inflation.
In light of...
In 2020, iRestify lost most of its business during the pandemic, now after experiencing revenue growth of 400%, the company is expected to triple its current...
Over the past decade, technology in real estate, most commonly referred to as PropTech, has revolutionized how we buy, sell, lease, manage, and maintain properties. And like other technological breakthroughs, it is constantly innovating and reinventing itself.
Property management has never been more critical. The career is projected to grow by over 10% in the next few years and is one of the few recession-proof careers...