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Showing posts with label big data. Show all posts
Showing posts with label big data. Show all posts
A Spotlight on Tap Report Use in Commercial Real Estate Property Management

A Spotlight on Tap Report Use in Commercial Real Estate Property Management

Provide a description of yourself and your company.  I'm a Supervisor of Operations at Southcore Financial Centre overseeing two office buildings downtown Toronto. What do you use Tap Report for?  We use Tap Report to inspect and log all mechanical equipment daily in both buildings.  As a manager of multiple properties what do you find most valuable about Tap Report?  The Tap Report system has made it easy to organize the logging systems for both buildings here at Southcore Financial Centre. I can now keep an eye on our equipment easily and be notified if any equipment has not been logged or has malfunctioned.  What do you think has improved the most with using Tap Report?  How quickly I receive information on malfunctioning equipment. Tap Report speeds up the flow of information through instantaneous notifications and workflow to responsible individuals.  How has Tap Report streamlined the inspections of your buildings?  Tap Report has made it easy for me as a supe

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What is PropTech?

What is PropTech?

PropTech is a newer term used to describe technology solutions geared towards disrupting the real estate sector. Other terms used to describe this type of technology solutions include CRE Tech, RealTech and ConTech.  PropTech is very broad as it includes real estate, leasing, appraisals, residential property management, commercial property management, the sharing economy, smart cities/buildings, construction, RegTech and even FinTech.  Within PropTech, companies are using innovative technology to change/enhance the existing ways of doing things and to address problems or gaps within the industry. These technology solutions are leveraging things like:  Big data & analytics Artificial Intelligence (AI) Robotic automation Digital capabilities Internet of Things (IoT) Virtual Reality (VR) Payment/transaction/lending technology Blockchain technology  Some of the main areas that PropTech focuses on are:  Building/asset performance, optimization and cost reduction Te

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Future of Inspections

Future of Inspections

Inspections have changed over time and they continue to change with advances in technology. There are a lot of trends and buzzwords being used right now that have the potential to impact how inspections are performed in the future. We’ve all heard of these buzzwords but understanding what they mean at a basic level may be a bit challenging, so we’re going to walk you through the latest trends, discuss their strengths and make you aware of their pitfalls and things to consider.  Trends include: Internet of Things (IoT) Analytics and Big Data Drones Virtual Reality (VR) and Augmented Reality (AR) Internet of Things (IoT) IoT is a giant network of things/devices that are connected to the internet. [1]  These devices collect and exchange data using sensors, making them into “live objects” where the data can provide an understanding of what’s going on with the device. The data collected can be shown on a dashboard to deepen this understanding and can be used for a v

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