• cloud
  • 21/09/2021
Cloud Computing and the Property Sector

To say the last few years have been challenging for all of us would be putting it lightly. However, through the power of technology, many of us adapted to 'business as usual' from our homes.

One aspect of technology that has enabled us to work anywhere has been the adoption of Cloud technology - something that Forbes recently branded as 'one of the most important innovations of the information era'.

But, how can it benefit the property sector?

 

The Property Sector

As we steadily creep back towards some form of normality - highlighted by London's 'Big Return' earlier in September - the property sector is starting to get back on its feet, enjoying something of a recent boom.

Meanwhile, in a recent blog post, we outlined how, with an annual turnover of around £68.3bn, the property sector was quickly becoming a target for cyber criminals. 

So, as remote working looks set to evolve into more of a hybrid approach for many, organisations in the industry have been increasingly migrating their services and data to the Cloud.

An article on 'How the Real Estate Sector can Leverage Cloud' claims that 'real estate developers can not only leverage Cloud to improve their operations but can also leverage their expertise in construction to offer data centre services and create new growth avenues...' Before going on to say, 'whether it's project development, financing rounds, lettings or property management - mobile access to data has become a game-changer.'

 

What is Cloud Computing?

Cloud computing, in a broad sense, is the delivery of on-demand computing services. These range from storage to applications, banking or calling.

Predictions made in 2018 stated that 83% of workloads would be in the Cloud by 2020. However, the pandemic has been found to have 'brought about years of change in the way companies in all sectors and regions do business... accelerating the digitisation of internal operations by three to four years.'

All of this means that if you have yet to take the leap into the Cloud, you may already be falling behind your competition.

 

How can the property sector benefit from the Cloud?

We've previously looked at why an organisation would consider moving to the Cloud, followed up by how secure it is, but one thing we have yet to discuss is how you could benefit from it.

Migrating to the Cloud offers several benefits to a business, with PwC recently writing, 'With the help of the cloud, response speed can be increased, resulting in higher efficiency and service agility (time-to-market). Other advantages are cost savings and flexibility due to a changed IT landscape.'

Meanwhile, Salesforce argues that migration offers ten benefits, amongst which are: improved collaboration, the flexibility to work from anywhere, improved security and saving time.

 

The Last Word

Ultimately, there is no silver bullet or roadmap to follow when it comes to starting out on a Cloud journey. Some organisations are well on their way to embracing Cloud whilst others are still hesitant. 

No matter where you're at, we're here to help guide you on your way.

We've been passionate about technology from the moment we opened our doors in 2001, something that is shown by the opening of our first-generation Cloud platform back in 2007

Get in touch with our Cloud experts today to book a free workshop, where we can explain how we will support you on your Cloud journey.

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