The Future of Real Estate Automation: Understanding Impacts and Effective Management
How Automation Can Improve the whole Real Estate management processes ?
Comprehensive intelligence丨Enable real estate and realize marketing automation
At present, Emmirates’s real estate industry has entered a new stage of profound change and transformation. The past model of rapid expansion with high leverage, and the logic of market operation will undergo fundamental changes. Under the new development pattern, and there is an important question? how to carry out digital transformation and find a new development benefits into the real estate industry ?.
Hyper-automation (Automation) and artificial intelligence (AI), as important strategic technology trends worldwide nowdays, therefore the following article will be you guide to understand how automation will help you business to reduce manual labor? and ensures a more efficient use of time and resources, leading to cost savings and better overall management. With the integration of advanced technology, such as AI and analytics, our software can identify trends and provide insights that enable property managers to make data-driven decisions and optimize their real estate operations. .
Real estate business automation
Over the past 20 years, the Emirate has experienced significant economic growth, coinciding with rapid development in the global real estate industry, particularly the housing market. Real estate investment, a key driver of economic growth, typically contributes over 13% to the GDP.
The real estate sector plays a crucial role in the Emirate’s economic expansion, resulting in the emergence of numerous upstream and downstream industries associated with real estate development. Collaboration among various entities, including real estate developers, architects, contractors, brokers, financial institutions, and property management, is essential in constructing a single building.
To facilitate such large and complex system operations, the real estate industry needs to manage multiple business aspects effectively. Achieving digital transformation and boosting profitability while reducing operating costs require a comprehensive analysis of business processes. This entails researching and identifying high-frequency and labor-intensive scenarios, evaluating return on investment, technical feasibility, security considerations, and conducting comprehensive assessments before selecting automation business scenarios.
Having spent nearly two decades constructing real estate government systems like OQOOD, EJARI, and the Dubai Land Department central system, Invert Technologies recognizes the aforementioned challenges. In response, we have launched the Akarati Platform, which combines departments benefiting from automation. This platform integrates financial management, human resources management, operation management, supply chain management, and property management for real estate development companies.
In the ever-changing landscape of the real estate industry, driven by macroeconomic shifts and emerging technologies, the role of real estate companies continues to evolve. Digital transformation, smart field automation, and the rise of smart real estate enterprises have become prevailing trends. Comprehensive Intelligence strives to deliver high-quality products and services while fostering deep partnerships. Through collaboration, we enhance operational efficiency, reduce costs, and improve overall competitiveness for real estate enterprises.
Real estate companies must embrace automation, leverage emerging technologies, and nurture a culture of innovation to embark on successful digital transformation journeys. By doing so, they can adapt to the evolving customer demands and gain a competitive edge in the market. The future of real estate management lies in effectively utilizing automation to optimize processes and capitalize on its benefits.
Enhancing Efficiency with Real Estate Automation via Akarati Platform
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Task
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manual processes
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automated processes
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Online entry of signing contract
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5-10 minutes
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within 1 min
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data error rate
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10%+
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0%
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Length of work
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8 hr per day
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7*24 hours stand by
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signing customer and internal confirmation waiting time
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1-3 days
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10 minutes
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Manual input such as enter information from a paper
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15 minutes
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20 seconds through smart digital scanning feature
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Real estate automation is one of the major challenges faced by real estate developers. The extensive network of business entities involved in the construction process, from real estate developers and architects to contractors, real estate brokers, financial institutions, and property management, requires collaboration among these diverse stakeholders for building a successful project. The real estate industry demands efficient coordination of various businesses to realize large and complex system operations.
Real estate automation also extends to internal support systems within real estate enterprises. To drive change, increase profit margins, reduce operating costs, and embark on a successful digital transformation journey, a comprehensive analysis of business processes is essential. This involves thorough research and identification of high-frequency and high labor-intensive business scenarios. A careful evaluation of return on investment rates, technical feasibility, security feasibility, and other factors is required before selecting the automation business scenarios that will bring the most benefits.
At Invert Technologies, real estate automation is at the forefront of our extensive experience. We’ve developed real estate government systems, including OQOOD, EJARI, and the Dubai Land Department central system, which allowed us to recognize and address challenges. In response, we’ve introduced the Akarati Platform, designed to tackle complexities faced by real estate enterprises. The platform integrates departments that can benefit from real estate automation, such as financial management, human resources management, operation management, supply chain management, and property management of real estate development companies.
In the rapidly evolving landscape of the real estate industry, real estate automation is driven by macro environmental changes and new technologies. The role of real estate companies is constantly changing. Digital transformation, smart field automation, and the emergence of smart real estate enterprises have become the new norm. At Comprehensive Intelligence, our mission is to provide high-quality products and services while fostering deep partnerships with our clients. Together, we work towards improving the operating efficiency of enterprises, reducing costs, and enhancing the overall competitiveness of real estate businesses.
To embark on a successful digital transformation journey, real estate companies need to embrace real estate automation, leverage emerging technologies, and foster a culture of innovation. By doing so, they can adapt to the changing landscape, meet evolving customer demands, and gain a competitive edge in the market. The future of real estate management lies in the effective utilization of real estate automation, optimizing processes, and capitalizing on the benefits it brings.
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