000 01691nam a22002057a 4500
008 230720s2023 xxk|||||o|||| 00| 0 eng d
041 _aeng
110 _aRoyal Institution of Chartered Surveyors
245 _aRICS Tech Partner Survey 2023
_h[Electronic resource]
260 _aLondon,
_bRoyal Institution of Chartered Surveyors,
_cMarch 2023
300 _a45p.
520 _aWhat are the main drivers and challenges of PropTech and digitalisation in the profession? This survey report outlines the key takeaways from the 2023 RICS Tech Partner Programme survey. Two-thirds of PropTech companies are start-ups, according to the survey. However, a third of respondents were established market participants, many with decades of experience in providing mature and well-proven solutions. With the technology already available to the sector, the remaining barriers to digitalisation are around people, culture, behaviours, processes and investment. Financial factors are cited as a major barrier to adoption in the report. The pressure to manage costs and investment, particularly during the economic disruption and uncertainty caused by the pandemic, will have stopped or delayed adoption by many market participants. However, there is a need for solution providers to those building internal business cases to demonstrate a clear return on investment.
650 _aDIGITALISATION
650 _aCYBERSECURITY
650 _aPROPTECH
651 _aInternational
710 _aRoyal Institution of Chartered Surveyors
856 _uhttps://www.rics.org/content/dam/ricsglobal/documents/latest-news/RICS%20Tech%20Partner%20Survey%202023.pdf
_zAvailable free on RICS.org
942 _n0
999 _c121613
_d121613