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Property occupiers intend to invest significantly in software | 15 November 2013

Property occupiers intend to invest significantly in software | 15 November 2013

The research – outlined in the recently-released Software and Technology use in Real Estate: Occupier Challenges paper – also shows that software compatibility is an issue for many, with nearly half of those surveyed saying they believe this to be a problem they encounter. Almost a quarter also say their software is so unique that finding individuals who are familiar with it has proved difficult.

“There does seem to be a large appetite for investment, which is reflected in our sales and pipelines of enquiries,” says John Cuppello, CEO of Qube Global Software. “I think that this is due to a number of reasons. The huge changes that have happened in in technology in recent years, such as cloud computing and the growth of mobile devices use and organisations are looking at solutions that have kept up with these developments. Companies also seem to be struggling with regulatory changes, with proposed lease accounting charges particularly pertinent to the occupier community for example. Businesses are looking for solutions and providers that can help them tackle these complex requirements.

“While some may believe compatibility to present a challenge, we rarely find this to be the case with our implementations. We are a flexible supplier and understand that companies may want to keep their existing systems. We therefore go to great lengths to ensure that our solutions work seamlessly alongside these.”

About the Study
The Software and Technology use in Real Estate: Occupier Challenges paper was research commissioned by Property Week in conjunction with Qube Global Software. It features data from more than 800 responses to a survey of property investors, occupiers and agents.

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Posted by Andrew Smith
+44 (0) 20 7726 3200.
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