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Data is important – you get it. You read about it in the news. Consultants advise you on “leveraging it”. You know that leaders in other advanced sectors – like finance, retail and transportation – use it constantly to strengthen their business, take market share and drive revenue. But you’re curious what exactly data can do for you – someone managing complex real estate projects – and how you can put it to use.
At its core, data empowers teams to make smarter, more informed decisions. Instead of guessing or going with a gut feeling, data enables a project team to make confident and accurate choices at every critical juncture. Just like you wouldn’t buy a car without knowing gas mileage, MSRP, horsepower or safety ratings, you shouldn’t make strategic decisions for your ground-up development without knowing the facts.
Once you take control of your treasure trove of data (believe us, you have even more data points than you think), you’ll be able to quickly refer to it when:
Harnessing data for day-to-day decision-making will supercharge your project team and give your organization a competitive edge. Thinking proactively sets you apart from your peers and strengthens your reputation as an industry leader. More specifically, taking advantage of your data will help you:
Interest piqued? Now that you’re seeing the value of data, you’re probably wondering how to extract it and store it for easy access. For that, you’ll want a platform - like Northspyre - that handles it all for you. By smartly indexing all key commercial real estate data and financial points, Northspyre makes it easy to quickly search through your information when making fast decisions. And that’s just one trick Northspyre has up its sleeve. Upgrade today.