A technology roadmap is a strategy that connects the dots between your business’ short- and long-term goals and the technology necessary to achieve them. Particularly for those decision-makers managing a corporate real estate portfolio, a thoughtful technology roadmap can accelerate an ongoing transformation across an organization or find ways to improve the ROI of existing solutions.
Consider developing a technology roadmap if your business is tackling a digital transformation, performing an overhaul of outdated systems, undergoing a merger, or streamlining how data is collected from the current built environment. This due diligence will ensure your organization is prepared to address the following hurdles along the way.
1. Workflows slowed by manual steps
Do you know exactly where automation breaks down and your people are forced to complete processes manually? A technology roadmap is a reliable way to figure out where your organization’s workflows are breaking down into manual, inefficient steps.
2. Redundant tools and apps
One of the biggest upsides of a technology roadmap is a chance to identify and clear out unnecessary apps from the built environment. The fewer solutions your team needs to interact with daily, the less likely they are to become frustrated with key technology.
3. Minimal insight into asset performance
This is relevant whether you’re approaching the asset question from a facilities management or corporate real estate perspective. The larger your portfolio becomes, the more difficult it is to get an accurate view of how each asset performs. This can lead to overspending when inefficiencies arise and need to be corrected. There’s no way to tell if updating the spend for each asset will translate to more (or less) spending across the portfolio.
4. Inconsistent data collection
No matter how advanced or expensive your solutions are, they won’t produce a return on their investment if the data they generate is not trustworthy. A detailed roadmap can be created to find, remove, and replace sources of unreliable data.
5. No way to automate lease details
Leasing data platforms collect crucial information that drives tenant improvement and limits overspending on maintenance. However, it’s not always clear how this data is shared with the appropriate teams who could use it. It’s a technology gap many organizations struggle to resolve.
6. Friction between lease platform and supporting apps
A promising technology strategy can grind to a halt if your apps and leasing platforms won’t integrate smoothly. Building a roadmap with the help of a technology consulting expert helps limit the risk of this scenario from taking place before an organization makes a big outlay on technology replacements.
7. No solution for previewing occupancy scenarios
Are more of your people heading back to the office, but you aren’t sure how the increased foot traffic will impact your real estate? It’s a common gap in corporate real estate technology strategies. Solutions used to dynamically measure and report on occupancy is just one of many tools included in roadmaps created by JLL Technologies for our clients.
Need help building your technology roadmap?
What does a technology roadmap look like when it’s finished? What are the best ways to implement a roadmap when it’s complete? Your team doesn’t always have the time answer these questions thoroughly and that can lead to riskier outcomes surrounding your investments.
Why not work with a team that’s handled these situations thousands of times for hundreds of partners? Start building out your roadmap today by connecting with JLL Technologies.