South East: Property firms need to adopt new technologies, says RICS
Despite huge investments and advancements in technology, the RICS (Royal Institution of Chartered Surveyors) says the property sector and wider construction industry in the South East is still slow to uptake such innovations which could create taller buildings, wider bridges, better transport systems and smarter, more liveable cities in the region.
Digital technology and tools are changing the way we plan, build, maintain and use buildings for the better, as such innovations have the power to design and develop more creative developments that are more sustainable, less costly to run and serve their purpose better. Yet RICS – a global professional body which sets standards in the land, property and construction sectors – says more property firms in the region could be using the latest advancements in technology – which include 3D modelling and virtual reality - to better visualise, design and deliver a built project.
In recognition of the importance that technology companies have on all property sectors including the construction industry, RICS recently launched a Technology Affiliate Program (TAP) to raise awareness of the tech firms who support the adoption of RICS standards and are actively helping to advance the property industry.
Speaking about the program, Dan Hughes, RICS director of data products, said: “Despite digital technologies rapidly changing how we do things in the built environment and how professionals carry out their roles, many organisations remain at an early stage of experimentation in their use of new technologies or data-driven systems. It is with this in mind that our Technology Affiliate Program aims to make industry professionals more aware of the latest technologies that will advance their capabilities and help them create less costly, more attractive and sustainable homes, buildings and transport systems much quicker.”
He adds: “Being part of the Technology Affiliate Program shows both the commitment to the adoption of professional standards and of playing a role in developing the wider industry as technology becomes increasingly important.”
Over 20 companies, of all sizes, have already signed up to the Technology Affiliate Program including Altus Group, Bamboo Auctions, Imfuma, Invida, FixFlo, Go Report, Kykloud, Rialto, Rescan, Landmark, Klipboard, Nomitech, Sorbet and Tender Space.
