Lockdowns fueled yet another wave of automation for many property management businesses. AI and 5G are expected to continue the momentum as the internet of things continues to grow and expand.
- 3 million jobs shortfall economy still below job target from before lockdowns—mostly mid-skill level
- 43% companies will increase automation, reduce workforce (2021)
- 70% stagnation in U.S. wages between 1980 and 2016 can be explained by automation
- 35 years of jobless Recoveries with economic rebound are related to automation
- 9 million unfilled jobs in July compared to 8.7 million unemployed workers
- Down 10% Drop in CFOs future economic confidence in their businesses. Number one reason: lack of labor; Number two concern: supply chain
3 silver bullets
You’ve allocated the dollars. Now how do you spend it so as to truly move your property business forward? Here are 3 prop tech solutions for hard and fast results.
1 solid network
There are multiple payback models on a solid apartment network. Today it’s the core to today’s apartment business. It’s quality, speed, intelligence, security, design and scalability will determine nearly every aspect of an apartment operation
- Residents IoT
- Home IoT
- Facilities IoT
- Virtual Local Area Network (VLAN) key for privacy, security
- Direct path to revenue generating services
2 analytics tools
Data is today’s language of business. Analytics fuels intelligent decisions, predictive analytics and profitability. Analytics is found in nearly every facet of property and plant management.
- SEO, lead capture, tracking, renewals, fulfillment
- Utility management, benchmarking, compliance
- Equipment inspections, service, records-keeping, maintenance, repair
- Access analyses, facilities/ amenities use
- Maintenance supply-chain
3 automation
Data is today’s language of business. Analytics fuels intelligent decisions, predictive analytics and profitability. Analytics is found in nearly every facet of property and plant management.
- SEO, lead capture, tracking, renewals, fulfillment
- Utility management, benchmarking, compliance
- Equipment inspections, service, records-keeping, maintenance, repair
- Access analyses, facilities/ amenities use
- Maintenance supply-chain
