November - 20206 PropTechOutlookEditorialTechnology has radically changed the dynamics of every industry. Though the adoption has been slow and steady, the property management industry is not far from this trend. PropTech helps property firms manage information, automate procedures, and increase profitability while raising a bar of quality. As Gen Z is expected to grow in the next decade, property managers need to be equipped with innovative technology solutions that can meet their standards. The tech-savvy population is unlikely to settle for the old-fashioned way of business and would seek modern amenities. This includes hassle-free payments, keyless door entry, smart locker storage, and high tech fitness centers. While these technologies are being used today, they are yet to become commonplace. Further, the current COVID-19 pandemic has pushed property managers and real estate agents to be creative and utilize advanced technologies to attract prospective tenants. One such service that has seen increased demand is virtual tour technology. By creating 3D and AR models of property plans, tenants can have an immersive experience to make decisions. Property managers are also looking at solutions that can harness data to provide better customer experience. Big data facilitates understanding customers to roll out features tailored to their preferences and generate more revenue. PropTech is essentially penetrating the industry, and market trends indicate this to accelerate in the coming years. To remain competitive, property managers must keep an eye on innovations and embrace technology with wide open hands. Once used as just a helpful hand to simplify management, PropTech is transitioning to be an indispensable partner for managers. In this edition of PropTech Outlook, we bring you the story of some of the most successful property management solution providers that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership from subject matter experts with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the Property management solutions that best fit your requirements. Let us know your thoughts!From Helping Hand to Indispensable PartnerCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.NOVEMBER - 2020Email:sales@proptechoutlook.comeditor@proptechoutlook.commarketing@proptechoutlook.com NOVEMBER - 01 - 2020, Vol 02 - 05 Published by ValleyMedia, Inc. To subscribe to PropTech OutlookVisit www.proptechoutlook.com Managing EditorMark WilsonEditorial StaffVisualizerMatt RyderVictor Cruz Antony GonsalvesJasmin AliSara FernandesCristopher ReedJonathan Parks Susan EnglishSalesTom Francis tom@proptechoutlook.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffMark Wilson Managing Editoreditor@proptechoutlook.com
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