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RICS prompts property professionals to consider Cloud computing

According to a new RICS report, property professionals should be aware of this growing trend and consider its impact on space requirements, IT costings and increased remote working when advising clients.

With demand for online servers set to increase exponentially over the coming years, Cloud computing could help redefine the cost profile of IT in real estate companies, generate demand for technical property like data centres and reinforce flexible working practices.

Andrew Waller, RICS spokesperson said:

"As more and more businesses look to reduce their expenditure, cost-efficient operating solutions will become an increasing priority. The impending impact of businesses adopting the Cloud will be far reaching for the property profession. 

"Organisations that choose to adopt these virtual IT systems will be able to reduce their running costs and smaller businesses will be able to access systems which would, otherwise, have been beyond their financial means. Furthermore, by using virtual IT systems businesses will require less floor space, as large servers are dispensed with and the smooth, reliable remote access allows a greater number of employees to work away from the office on a more regular basis.”

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4 thoughts on “RICS prompts property professionals to consider Cloud computing

  1. Neil says:

    I recently attended a Seminar demonstrating a Cloud version of my existing system…demonstration could not go ahead because they could not pick up a broadband signal…had to use a demo disc!! Cost was totally prohibitive for a “small business”…how do RICS define a “small business” when making these statements?

  2. I have used cloud technology since I started my business and I find it’s been an invaluable way to grow the company, it’s taken me from a one man band working at home to a team of four in an office – with three desks!- as one of us can work from home at any time. I can access all my diary and client details, property details from my iphone and now my accounts are online too. At an initial cost of £120 per month I’d say it was the perfect way to start a business rather than pay out for expensive software and servers – and then IT staff! We run on macs – and this was not a hinderance to cloud computing as run through a web browser – rather than having to buy all new PC’s which was the alternative when I looked into PC based systems. Everyone should wake up to the benefits – as a start up business almost 4 years ago it was the obvious solution for me.

  3. Neil, you are right that having a broadband connection is essential and, at present, that can cause problems in some situations (we say that in the report). However, you have to balance that against the risk of your team having to look after all the remote computing requirements and security and, and, and,.. The cost is falling for many utility applications such as email (a few pounds per month per person) and corporate systems such as Salesforce are cost effective compared with their equivalent traditional rivals.
    Have a look at the report and see what you think – http://bit.ly/gkQfRC

  4. CHI-Premier says:

    Cloud computing has gaping flaws even in theory. The ideals aren’t ready for any kind of mass use.

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