Tyrrell Systems


Embracing Property Management Technology

November 15, 2023

Companies are increasingly realising the critical importance of embracing new technologies to maintain competitiveness to meet the evolving demands of their stakeholders. The integration of various technologies goes beyond improving productivity and efficiency; it reflects a strategic response to the changing business landscape

The recent global pandemic has significantly reshaped the operational dynamics of companies. Forced into adapting to remote work, the implementation of new collaboration tools and the management of healthy workspaces prompted organisations to seek the solutions to overcome these challenges. Technology emerged as a viable solution for smart and health-conscious people management. As companies navigate uncertainties related to the return to the office, the technologies have proven to be integral solution that ensures employee well-being, productivity, and engagement. The initial success in leveraging technology for remote work has positioned it as a crucial tool for addressing broader organisational challenges. A notable emerging trend, identified in the JLL Global Real Estate Technology Survey of 2023, indicates that companies are now exploring how smart technology solutions can resolve difficulties in building and facilities management. Key priorities include consolidated insights dashboards, energy/emissions management, smart energy infrastructure, and the shift from reactive to predictive maintenance.

Shift from reactive to proactive approach

Rather than merely responding to challenges and changes, companies are actively seeking tools that empower them to predict, plan, and strategise more effectively and efficiently. In this transformation, Master System Integrators (MSI) play a crucial role. They act as facilitators, connecting various technology solutions and data sources within an real estate, enabling seamless integration, communication, and data sharing. This shift signifies that companies are placing their trust in technology not only as a means to address immediate challenges but also as a strategic enabler for future-proofing their operations and enhancing overall business resilience.