The business costs of dirty data
Wherever there’s data, there’s going to be dirty data. “The only time a company could have clean data is on day one,” says Daryl Pitts, Pereview’s senior vice president of sales. “And even on day one, they may have compromised venture capital or start-up data.” Dirty data can propagate throughout the entire lifecycle of a […]
Be vaporwar-y: What is Frankenstein software?
Vaporware, Frankenstein, Whac-A-Mole – Three reasons why you should always do your due diligence before investing in commercial real estate asset management software. When choosing commercial real estate software, beware of Frankenstein You’ve heard about vaporware – software that is pitched as a completed platform, but is still missing critical components or is in a nascent […]
Why does real estate reporting suck?
Real estate reporting should be simple and streamlined and provide transparency for investors. But for most commercial real estate firms, reporting is complicated, tedious, and opaque. In short, real estate reporting sucks. Why? “While other industries have leveraged technology to automate routine tasks, real estate has lagged behind,” says Derek Thornhill, vice president of the real […]
Be vaporwar-y: What are the business costs of vaporware for commercial real estate asset managers?
There are a multitude of risks – professional and personal – that come from investing in a software solution that’s more marketing hype than tangible deliverable. Let’s examine the business costs of vaporware for commercial real estate asset managers. What is vaporware? Are you familiar with vaporware? Vaporware is sort of a software bait-and-switch; it’s […]
