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Will Martin: What Can We Learn from CoreNet Global Summit?

Will Martin, Director of Real Estate and Facilities for Health Management Systems, attends the CoreNet Global Summit conference to network up with people as well as see what is going on with technology in the industry. It enables him to stay current on the newest in real estate and discovers out what his peers are finding useful.

He dives into detail about his current role at a midsized company and how his experience working for a large company prepared him to be successful in a smaller setting. In the larger corporate environment, he worked with a lot of square footage and a lot of people and he learned to see different perspectives from that role.

In a smaller company, you don’t need troves of data. You just need to optimize your real estate. Because of this, he focuses on being simple and effective and finding technology that people will actually use rather than just doing things just for the sake of doing them.

Will wants to decisions based on data and wants the data to drive what he is doing, because if it doesn’t the data is truly useless. Will also gives us insight into technology he sees as valuable for his role and his team. It isn’t just about the customer, but also about the team behind the technology. Will looks for technology that is effective on both sides and ensures that the tools help his team communicate effectively.

 

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

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Nelly Campos: Starting from Scratch with Real Estate Technology

When it comes to real estate technology, sometimes it can feel like we are traveling back in time. Real estate companies just don’t traditionally jump into adding to their technology stack.

For Nelly Campos, she wants to make sure she is finding the best technology for her company to stay ahead of the curve. As the head of real estate, she manages 2600 buildings and 50-60 million square feet which requires a lot of data and manpower. It is Nelly’s job to see what technologies are out in the market and determine which technology will help her company reach its highest success.

She sees the world of real estate technology moving very quickly and in order to keep up, she needs to determine what the best practices are for implementing and adopting new technology. With this, comes many challenges, like the lack of on-demand services available within the commercial real estate sphere.

In this quick chat, she talks about what technologies she thinks about and how she assessed what was in the market to determine what approach to take to make working easier. She gives insight into how she thinks about technology and how she looks at it on a day-to-day basis and what processes she uses.

Find out what technology efforts she is making and what is working for her and her team and what isn’t. Nelly also dives into what she foresees for the future of technology in the real estate industry.

 

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

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Episode 5: A Quick Chat with Omar Ramirez on the Experience Economy

In this exciting new episode, Omar Ramirez joins the Real Estate Tech Guys for a conversation on the experience economy. Omar works at one of the fastest growing technology companies and offers his unique insight into what the most challenging pieces have been for transitioning from an FM role to the workplace leadership role.

He notes one of the biggest challenges as the growth from office to office but this is lessened by having a great leadership team to depend on. They are experiencing a big transition in the facilities management world and transitioning to workplace experience, looking at the property and the entire employee lifecycle.

Omar and his team act as advocates rather than enforcers. As Omar phases out of the facilities management team and into the workplace team, he is more people focused with a more diverse background and a more diverse mindset to really encompass the entire lifecycle of people working within a property.

Varying backgrounds on his team allow for better ideas and a more wide range of knowledge. He is an advocate for the employees and their wants and needs. Omar goes in-depth on what today’s employees want and what they truly need to be productive in today’s office setting. His job is to study employees and determine what these people need. He looks at each employee as an individual to ensure each person is catered to within the property and this results in the company as a whole becoming more productive.

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

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Episode 6: Jennifer Conway on AI & How it Affects Real Estate

In this episode, Jennifer Conway of the MIT Investment Management Company helps the Real Estate Tech Guys get a handle on how artificial intelligence (AI) and machine learning are impacting commercial real estate.

What does AI mean to a corporate real estate executive and what are some of the big lessons Jennifer has learned in working with the MIT portfolio? AI and machine learning are two different things. AI can be defined as anything that requires human intelligence to do. Machine learning just does not happen without a lot of good, clean, structured data.

Still, even with the data, there is a lack of acceptance of new technologies since real estate owners still struggle with being able to trust computers with no human verification behind the data. Companies like CrowdComfort bring in a human element and helps set a clear picture of demand.

Jennifer sees the potential for a huge explosion with AI & Machine Learning, but there are a few things she sees that may be obstacles to this advancement. Watch the video for more insight from real estate tech guru Jennifer Conway.

 

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

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Episode 3: Michael Beckerman on Self-Driving Cars and Other CRE Hot Buttons

In this episode, the Real Estate Tech Guys talk to Michael Beckerman, the CEO of CRETech, about AI and commercial real estate technology. First, we look at WeWork and how they have driven co-working innovation. We also chat about whether or not this will continue to expand, particularly because of all of the technology these co-working spaces offer to different types of companies and tenants.

Another big, game changing technology is self-driving cars, the “meteor that the commercial real estate doesn’t see coming.” This will impact the way buildings are built and will impact the way we experience real estate —with changing how we go to work and more. We’ll dive into these concepts in more depth with Michael.

The amount of growth that is happening in CRE tech is nothing short of incredible. There is extraordinary momentum even though CRE is typically the last industry to adopt technology. But this slow timeframe of adoption of technology is not because the commercial real estate industry is behind the times, but because it is difficult to determine which technologies are worth the time money.

The CRE business is highly successful and there hasn’t been a mandate needed for this new tech until now because landlords and brokers are looking for technology that attract tenants, retain tenants and keep them satisfied. The tenants are primarily looking for these technology solutions which is why there is a new need for this technology. The ecosystem is manifesting from both landlords seeking more efficient buildings and tenants looking for this high-end technology to make their business run more smoothly.

Check out our videos at:
http://crowdcomfort.com/real-estate-tech-guys/