Why is digitalization a problem for many property management companies - and what does it take to make it a success? We spoke to Ralph Funke-Kaiser about this. He was himself the managing director of a property management company, is now a digital consultant and a member of the IHK audit committee. He also explains what role AI plays in the transformation - and why now is the right time to act.
Folders and telephones used to be enough, but today property management is a high-performance job. According to Impower CEOs Thomas Klews and Jürgen Forscht, AI will automate routines and significantly reduce the workload of property managers by 2030.
AI attempts to imitate human abilities such as logical thinking, planning, creativity and learning. This requires intelligent learning models that have to be trained with a great deal of data. In the case of ChatGPT, the entire internet was scanned to train the AI.
Many property management companies in Germany have difficulty finding suitable staff. This is a major problem for the industry. Impower's software can counteract the shortage of skilled workers: With it, property managers need fewer employees in accounting. Property managers can also work more efficiently with Impower and manage more units.
The use of AI can only be successful with the right system landscape and a digital way of working. Lay the foundations today for the automation of tomorrow.
Many property management companies are hoping that the use of artificial intelligence (AI) will make their work much easier. The technology will transform our industry in the coming years. But property managers are already benefiting from Impower's intelligent automation.
The first software with genuine bidirectional interfaces: Impower's system synchronizes data in real time and in both directions.
