The global professional services network Deloitte has published the 2019 edition of its "European Operations and Technology Survey", led by Deloitte Luxembourg, which highlights the importance of technological advancement and investment in data analytics for the real estate investment management industry.
Deloitte's 2019 European Operations and Technology Survey has reported a keen interest in innovation from real estate investment managers with document digitalisation, the use of big data and robotic process automation as investment avenues of high importance.
All asset managers who participated in the survey considered that asset management, transaction management and investor reporting would benefit from technological innovation. In keeping with this theme, 83% of asset managers surveyed considered that use of technological tools was an important or very important challenge for their organisations.
Benjamin Lam, Partner at Deloitte Luxembourg and EMEA Real Estate Funds Co-Leader, commented: "Through the Survey, we can determine that real estate investment managers are targeting specific cross-industry technological innovation such as digitalisation and data analytics as potential enablers of improved performance".
Indeed, Deloitte Luxembourg took the lead in the creation of this report while collaborating with other member firms of Deloitte’s global network.
The full European Operations and Technology Survey can be downloaded from https://deloi.tt/2My6HYB.
