Technology has grown so much over the years that, today, it has become ingrained as a regular part of our everyday lives. It helps us to be faster, smarter, and more efficient, all of which saves us both time and money. For these reasons, all sorts of industries are working more and more each year to keep up with the growing technologies and incorporate them in their business’s operations.

One such industry that is seeing monumental success with this is commercial real estate. If you are a commercial real estate proprietor who is interested in learning how incorporating innovative technologies into your design build scheme can render higher success for your business, you are already on the right track toward success.

A good place to start would be to review some of the top commercial real estate technology trends of today. Continue below to get started!

Current Technological Applications for Commercial Real Estate

There are various technological trends that are changing the world of commercial real estate today. However, choosing the right applications for your design build or remodel is the key to unlocking the benefits they deliver. Not only can better technology increase traffic, enhance security, and improve efficiency, it can also secure higher profitably and long-term success. Right now, the most popular and well-acknowledged technologies in the commercial real estate industry are IoT’s, AI, drones, smart sensors, and even virtual reality.

Internet of Things (IoT)

One of the most impactful technologies introduced to commercial real estate recently is Internet of Things (IoT). Integrating IoT into your building management system can improve your building’s performance and consumer experience. It can automate certain office functions, including analytics, automated marketing, and even client support. Internet of Things (IoT) achieves these tasks by using sensor-generated data to learn and adapt to the environment.

Drones

Drones are not just for recreational use anymore. In the commercial real estate industry, drone technology has a lot to offer both user and proprietor. For the most part, drones are used among owners and stakeholders to collect data for analyzation. However, they are also used among real estate agents to deliver a more realistic user experience for online listings, brochures, social media ads, and websites. Drones can even be used to implement building inspections.

Smart Sensors

If you want a smart commercial building, you need smart sensor technology, which senses and records data on various matters. This type of technology is generally integrated for the purpose of enhancing safety and security. However, it is also used to improve a building’s efficiency by monitoring environmental changes like light, humidity, and temperature, all in real time.

Virtual Reality (VR)

You might think virtual reality technology doesn’t have a place in commercial real estate, but thousands of proprietors would strongly beg to differ. Virtual reality (VR) is being incorporated into many commercial builds for the purpose of improving user experience and increasing traffic. VR mostly comes in the form of virtual tours, which allows clients to clearly view the property as if they are really there, without having to travel. This saves both time and money. VR can also be applied to websites and social media accounts to widen a listing’s audience and potentially gain better leads for leases and sales.

Commercial Real Estate Builders You Can Trust

Contact BAF Corporation at 317-253-0531 for trusted commercial construction and design build services in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractors serve corporate, commercial, and industrial industries in Indianapolis, and throughout Central Indiana. Request free information or to schedule a consultation, anytime.