The benefits of AI have been well documented, but its successful application and implementation takes work. So where can AI add value and how can you apply AI at scale?
Despite this clear drive to optimise processes and products using technology, a whopping percentage of companies fail to meet their goals, many because they remain unprepared for change.
What trends can the industry expect to emerge after the immense disruptions of the last year? What challenges lie ahead and what tools will real estate professionals need to tackle them? To find out, Drooms conducted research among European real estate professionals.
As pressure on margins and demand for greater transparency among stakeholders continues to rise, so does the need for firms to evolve and modernise fast to stand out from the competition.
Get the most out of your virtual data room (VDR). Work faster and avoid costly mistakes with our specialised checklist.
There is no denying that data is key to effective decision-making. As part of its offering, Drooms users can centralise important files and folders in one place and leverage powerful tools to extract critical information quickly.
Purpose of project:
– To simplify the control, transparency and coordination of data throughout Europe
– To have quick and easy access to information
The COVID-19 crisis exposed the lack of investment in process digitisation and automation across multiple industry sectors, and real estate was no exception. Those organisations that had already implemented digital technologies for processes such as due diligence were in a better position to deal with remote working and closed offices than those still reliant on manual approaches.
It is only a matter of weeks before the General Data Protection Regulation (GDPR) comes into full force. Until now businesses have been spoilt for choice with the variety of cloud service providers on the market, but as the deadline for compliance to the GDPR looms, they will have a further obligation under the regulation: to vet their current providers and designate only reliable partners for data processing activities.
