How Property Developers Can Harness the Power of Data
HomeNewsHow Property Developers Can Harness the Power of Data
July 12, 2019 | 
How Property Developers Can Harness the Power of Data
This post was originally published on this site

How Property Developers Can Harness the Power of Data

Big data has become ubiquitous, and it’s informing decisions across almost every industry. That doesn’t mean using it is easier. In commercial property development, like many other spheres, business leaders are coming to the same realization: Collecting big data is far easier than analyzing and using it to fuel progress.
Developers are right to aggressively pursue the insights offered by big data. They can identify and capitalize on trends or leave money on the table. However, the competitive nature of commercial development would suggest against the latter. The good news is that advancements in technology make analyzing big data easier than ever before.
Demystifying Big Data
Artificial intelligence, in particular, is helping developers analyze millions of data points that inform how well a location will do over time. With sophisticated software weighing risks and calculating potential returns, developers can spot investment opportunities with a higher degree of accuracy than ever before.
By relying on relatively affordable software instead of expensive third-party data analysts, developers can bring formerly outsourced roles in-house. With this change, leaders gain additional control over the data analysis process while saving large amounts of capital for reinvestment.
One of our clients recently approached SharePoint with a similar set of goals in mind. It was looking to increase employee productivity, secure and organize decades’ worth of on-premise data, and improve collaboration with clients. By incorporating smart data management tactics with intranet sites, we were able to help the client keep valuable data in one……

Similar Stories
  • September 9, 2019
    8 Characteristics of the Best Rental Markets When learning about buying rental property, real estate investors are...
  • September 4, 2019
    Single-Family Rental Construction Gaining Steam and Market Share Welcome to Chatter! We’re happy to be your source for...
  • July 23, 2019
    Home Price Growth Analyzed U.S. home prices rose by 0.1% in May month over...
  • July 18, 2019
    NFIP Has Paid Over $1B in Florida Since Irma FEMA’s National Flood Insurance Program (NFIP) has paid more than...
  • July 18, 2019
    10 Reasons Investors Have Fallen in Love with SFR Real Estate Single-family rentals (SFRs) have been attractive to me from the...
Contact Us Call us or connect with us online.
License # CGC 1525683
Send Us A Message

First Name*
Last Name*
Customer Message*
Lead Source
By submitting this form, you are opting to receive communications from Propel Builders via the phone number and/or email address provided. Propel Builders will never share or sell your information. You may opt out at any time.