Proptech in India

Key Takeaways from the recent report by CBRE. The key fuel to this transformation is the large amount of diverse data sets in addition to the ‘Big Data’ aggregated at a hyper-personal level. The six technologies mentioned in the report – AI, SaaS, IoT, Robot

BY Realty Plus
Published - Monday, 20 Sep, 2021

Key Takeaways from the recent report by CBRE. The key fuel to this transformation is the large amount of diverse data sets in addition to the ‘Big Data’ aggregated at a hyper-personal level. The six technologies mentioned in the report – AI, SaaS, IoT, Robotic Process automation, Virtual reality, and Blockchain, are likely to be at the forefront. What CBRE Research foresees would be a transition in the relationship between developers, investors, occupiers and employees – from a contract based on a lease agreement to a partnership with common goals of optimizing portfolios and creating a rewarding workplace. Some of these technologies are already being widely used across various stages of office buildings such as SaaS while others such as blockchain and RPA are expected to have higher usage by 2030 in India. New technologies would also facilitate greater wellness in the workplace, enhance employees’ health and wellbeing and create a more productive and engaged workforce. Workplaces offering a high-quality user experience will ultimately be key to attracting and retaining talent. As professional and personal lives converge and employees set higher expectations for the workplace, technologies have an increasingly critical role to play in helping all stakeholders transform the delivery of property services and amenities. They are also expected to enable relevant technologies to attract and retain top talent as well as foster collaboration and productivity. Construction Property Management Portfolio Optimization Facility Management Workplace Strategies Workplace Design Collaboration and productivity.