As per Statista, the equipment rental business in the US alone is projected to be $54.36 billion in 2019. By 2021, the equipment rental business is forecasted to be $59.4 billion.
The equipment rental business is quite huge and growing at a steady pace. The construction and machine rentals are transitioning their business models. The automation of leasing equipment and use of subscription based models are hailed by rental companies.
Digitisation has changed the way people work. It has also affected the places where people work. Coworking spaces have been on the rise in the past few years, and many commercial realtors feel as though coworking spaces make it even harder to find new tenants.
Coworking spaces can actually be a source of revenue and new tenants for commercial realtors! Being a hub of up and coming businesses that would be perfect fits for their spaces.
Winning over new tenants from the coworking world can be a tough sell, and attracting coworking spaces to your vacancies may seem impossible.
Real estate companies like most other businesses are now relying on technology for operations. The digital transformation of real estate is moving at a rapid pace. Online buying and selling of homes, rentals for properties is driving these changes.
As per Forbes, 95% of buyers use the internet to look for homes, and 51% buy homes that they have found using the internet. Apparently majority of the people are choosing online options for buying, selling & renting their homes. The digitisation of real estate is creating transparency in property deals, facilitating easy access to property buyers, tenants & making things easier for the agents.
Digitization is inexorable. Healthcare providers realize this and are adopting the digital tools for improving patient care, administration and even marketing. The digital transformation is creating exciting & sweeping changes in patient care. Read More “Digitization of Healthcare & Hospital Management”