Analytics has significantly transformed decision-making processes in the real estate sector, providing crucial insights for industry stakeholders. Utilizing advanced data analytics tools and technologies, real estate professionals gain a comprehensive understanding of market trends, property values, and customer preferences. Predictive analytics allows for anticipating market fluctuations, evaluating investment risks, and refining pricing strategies. Additionally, analytics plays a vital role in property management, offering insights into maintenance needs, tenant behavior, and overall operational efficiency. Portfolio optimization benefits from analytics by enabling investors to make informed decisions based on data-driven projections. Ultimately, the integration of analytics in real estate empowers industry players to navigate complexities, make strategic decisions, and enhance overall performance.
What can BI Do For My CRE Portfolio?
Investors, developers, and real estate stakeholders can use BI to
- Ascertain the most complete picture of a property’s profitability
- Analyze and predict how systematic and unsystematic factors will affect their property’s viability
- Identify previously unseen variables that can affect a property’s long-term profitability
- Generate up-to-date reports that take into account new changes to a property’s surrounding environment
- Streamline and collate important KPIs to present more convincing sales propositions to interested buyers
These advances enable you to join the ranks of professionals
- Proactively identify risks and mitigate them
- Create actionable strategies
- Understand how to bring the most profitable products to market
Bigdata Advantage for Real Estate
- Real Estate Organizations use Big data widely to run business more effectively with increase in revenue, Improved customer service and make better decisions
- Property professionals provide data insights to buyers and sellers and have found increased customer satisfaction
- Property promoters have access to data sets to analyze buyers preferences, budgets and their interests. This helps them potentially close the deal
- AI Models provides more accurate property appraisals with much appropriate data points like current supply, demand, cost of constructions, etc
- Efficient building management with IoT Devices result in greater customer services
Business Benefits of BI
- Due to elimination of manual process the operating cost is lowered down
- Reduces the chance of reporting errors
- Improves the speed and efficiency at which a company can determine specific exposure and risk, improving overall business agility
Real Estate KPIs
- Payback Period
- Return on Investment (ROI)
- Tenant Turnover
- Average Rent Price Per Property
- Operating Expense Ratio
- Loan to Value (LTV) Ratio
Industries
Medical and HealthCare
We have solutions for Payers, Caregivers, Government and Research Professionals.
Real Estate and Infrastructure
Real Estate Organizations use Big data widely to run business more effectively with increase in revenue, Improved customer service and make better decisions
Oil, Gas & Energy
Energy and commodity Trading Industry has rapid changing and complex data integration requirements. Trading Groups need risk transparency and visibility of positions across ETRM Systems.
Shipping Industries
Cittabase has been working with world’s leading maritime group to implement and maintain their Budgeting and Forecasting System
Banking And Securities
Empower institutions to make informed decisions, optimize operations, and enhance customer experiences through sophisticated insights derived from comprehensive financial data analysis
Media and Entertainment
Revolutionize content creation, distribution, and audience engagement by harnessing actionable insights from vast datasets, driving innovation and personalized experiences
Application of Cittabase Analytics
Financial Analytics
Organizations looking for GL insights to identify drivers of profitability, optimize cash flow and working capital and analyze sub ledger details – should look into Financial Analytics
HCM Analytics
With HCM Analytics organizations can look for ready-to-use workforce insights to improve informed decisions on attrition and retention, talent acquisition and management etc
Supply Chain Analytics
With Supply Chain Analytics organization uncover underlying insights to improve efficiency, reduce costs and ensure customer satisfaction.
Fusion Analytics Warehouse
Fusion Analytics is a family of prebuilt, cloud native analytics applications for Oracle Cloud Applications that provides line-of-business users with ready-to-use insights to improve decision-making.