Managed IT is remotely associated with the real estate sector. It has been helping numerous successful property firms, though, for the past decades. Modern real estate companies rely on technology for many of their activities, so they need to have an IT department or an outsourced IT team.
Experts at Omicron Solutions Ltd, a provider of managed IT services, say that the tools and systems they offer help real estate companies in a variety of ways. These are mainly in the fields of information and document storage, monitoring, and administrative affairs.
Information and document storage
Real estate firms collect and maintain loads of information from multiple sources and in different branches. It does not make sense to keep all of this information on paper or traditional media. As such, it’s imperative to have a group of personnel to handle IT matters. Someone has to take charge of the secure storage of company data, including the setting up of backups and disaster recovery plans.
Small real estate firms may have no need for a dedicated IT team. It’s not going to be the case for bigger companies that operate in multiple locations and maintain a large number of employees or agents. They need experts to organise and protect their information. They can’t afford to lose data or leak critical information to outsiders.
In addition to information storage and backup, real estate companies also need to ensure that their data is accessible whenever necessary. For this, they need to put their data online for easy but secure access from anywhere. It is vital to have a reliable system with permission-based access and protection from all kinds of cyber threats.
It’s unwise to entrust all of these to DIY data systems. That’s why companies that care about data security but don’t have in-house IT teams turn to managed IT solutions. It’s a convenient, dependable, and cost-efficient option compared to doing it on a DIY basis or building an IT team from scratch.
Other essential factors real estate companies have to address are the compliance with legal and regulatory requirements and the handling of the high-turnover pool of employees/agents. These administrative concerns are likewise resolved by managed IT solutions.
Compliance falls within the ambit of the services provided by most managed IT companies. They can help ascertain that the systems adopted by companies follow established guidelines and standards. The rules set by FCA and the European Union’s General Data Protection Regulation, for example, are critical regulatory necessities all businesses should follow. The failure to comply can lead to serious consequences.
Additionally, it’s important to have a scalable and flexible system to go with the nature of real estate businesses. The number of employees or agents, in particular, can change every so often. It’s a must to have a system that can accommodate the frequent changes.
Various companies in different industries can benefit from managed IT solutions. As companies grow and transition into setups that involve complex transactions and administrative work, it’s inevitable to require a competent IT team or outsourced IT solutions.