{"id":18904,"date":"2017-10-17T05:00:00","date_gmt":"2017-10-17T12:00:00","guid":{"rendered":"http:\/\/www.yardi.com\/blog\/?p=18904"},"modified":"2026-02-22T15:28:56","modified_gmt":"2026-02-22T23:28:56","slug":"tech-evolution","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/tech-evolution\/","title":{"rendered":"Tech Evolution"},"content":{"rendered":"

Alex Stanton, Yardi industry principal for Commercial, joined other technol\"AlexStanton\"<\/a>ogy experts in exploring the fast-paced evolution of technology, automation and innovation in a recent Realcomm-sponsored webinar.<\/p>\n

The six-member panel described the current real estate technology paradigm that considers tenants, guests, employees and shoppers as interrelated elements of a user experience.\u00a0 As a result, property owners and managers aim to deliver a high-value experience by using new property management software systems that can capture and apply data inclusive of all occupant touchpoints, from reservations to parking to the building environment.<\/p>\n

Stanton elaborated on this theme, noting the convergence of historically separated property management technologies for property and facilities maintenance, energy management, procurement and self-service experiences.\u00a0 Amid rising expectations of among space and asset users, he said, \u201cfacility, property and business management systems are coming together,\u201d allowing inventory management, preventative maintenance and exceptions management from a core suite.\u00a0 Additional technology innovations include \u201cinterfaces that enable experiences, such as service requests, photo-enabled technology for notifications, concierge services and payments, with immediate download of supporting photographs,\u201d he said, adding, \u201cYardi sees tremendous opportunity in artificial intelligence, the internet of things and visualization.\u201d<\/p>\n

Addressing another part of creating an optimal building experience, Stanton referenced Yardi\u2019s creation of an energy suite<\/a> that encompasses everything from energy optimization, sourcing, utility expense management and compliance.<\/p>\n

Other speakers addressed other drivers of real estate technology innovation.\u00a0 Rick Gehringer from real estate developer Caruso related how a common technology platform can provide \u201ca true experience management system\u201d for guests by capturing all touchpoints and every user engagement across a property.\u00a0 Examples of how technology can make the guest experience enjoyable, efficient and high-quality include a common reservation system, a rewards system that captures receipt images and an automated parking system.<\/p>\n

John Gilbert of commercial and residential property Rudin Management Company also stressed the importance of a cloud-based, mobile-enabled technology that integrates all of a building\u2019s systems on a single platform.\u00a0 \u201cYou have to build a foundation first, just like with the building itself.\u00a0 The penthouse isn\u2019t built unless there\u2019s concrete in the ground and steel and glass leading to it,\u201d he said, describing how Rudin\u2019s automated building management systems help owners, managers and tenants \u201creally understand the rhythm of the building\u201d and provide actionable data that save money and maintain tenant comfort.<\/p>\n

Noting that CRE tech innovation is \u201cchanging the most fundamental truth about commercial buildings: that value is based solely on location, location, location,\u201d with building owners using smart building technology to compete better and meet user expectations.\u00a0 \u201cBuilding management and operational technology is evolving at a pace we\u2019re battling to keep up with,\u201d with Marc Petock of internet of things technology provider Lynxspring.<\/p>\n

Brad Zrimsek of software company MRI and Brandon Weber of leasing and asset management platform provider VTS addressed the importance of seamless movement of data between systems. Weber acknowledged that Yardi and MRI are interface partners working to strengthen connections that can drive revenue for clients by reducing deal cycle times, cutting turnaround times on approvals, improving financial analysis and lowering risk with increased visibility.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Alex Stanton, Yardi industry principal for Commercial, joined other technology experts in exploring the fast-paced evolution of technology, automation and innovation in a recent Realcomm-sponsored webinar. The six-member panel described the current real estate technology paradigm that considers tenants, guests, employees and shoppers as interrelated elements of a user experience.\u00a0 As a result, property owners […]<\/p>\n","protected":false},"author":610,"featured_media":18912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3245,4],"tags":[8,411,1703,149,40,1675,16],"class_list":["post-18904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial","category-news","tag-commercial","tag-commercial-real-estate","tag-cre","tag-realcomm","tag-yardi","tag-yardi-energy","tag-yardi-insight"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"Alex Stanton, Yardi industry principal for Commercial, joined other technology experts in exploring the fast-paced evolution of technology, automation and\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tech Evolution\" \/>\n<meta property=\"og:description\" content=\"Alex Stanton, Yardi industry principal for Commercial, joined other technology experts in exploring the fast-paced evolution of technology, automation and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/tech-evolution\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-17T12:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-22T23:28:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2017\/10\/AS.png\" \/>\n\t<meta property=\"og:image:width\" content=\"220\" \/>\n\t<meta property=\"og:image:height\" content=\"211\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Joel Nelson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joel Nelson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/tech-evolution\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/tech-evolution\/\",\"name\":\"Tech Evolution - 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