Technology in the real estate sector
Apr26

Technology in the real estate sector

The real estate sector has undergone a complete digital transformation, so much so that the go-to place for information on the sector is the internet. 98% of potential buyers start their search online, where they can find all the information they need. The days when real estate agents were the guardians of information and an indispensable part of buying and selling, are over.   The way to make a difference in this new era is technological development, which allows companies to increase business efficiency and offer high quality customer service. The expectations of consumers have skyrocketed and to succeed you have to be flexible, understand complex situations, and know your customers in detail.   Understanding what factors engage a buyer when they visit your website or real estate portal is essential, to be able to offer a personalised experience. That’s why this year Cajamar has focused on the real estate sector for their annual University Hack.   Cajamar University Hack 2019 is the largest data analytics competition in Spain. It consists of a Datathon in which 630 students from 21 Spanish universities will compete to predict if a real estate offer will be successful. As in previous years, Teralco Group are sponsors of the event, and we are proud to contribute to a national contest that promotes data science in Spain.   This year one of the challenges is the “Minsait real estate modelling”. For this challenge, participants must obtain a predictive model to establish the reasons why a real estate web page is more visited than others. As the internet is the main source of information for citizens, understanding the number of visits and the time a user spends on a web page is one of the key factors for the management of digital assets. For this challenge, Cajamar has the support of Idealista and Haya Real Estate as Data Partners.     The participants will have to estimate the duration of visits received on a specific web page, for each property for sale. They must also establish what factors make a real estate portal more popular than others.   The objective is to develop a predictive model using Machine Learning techniques. To do so the participants will be provided with historical data on housing and other real estate assets, throughout the Spanish territory. Students will analyse property data such as location, size, price, description, images, and information about user experience on the website.   An added value is to gain a clear and concise predictive model that can be reproduced in the real estate sector at the end of the challenge. On April 11, an open event...

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Provia selects Teralco Group as its technological partner specialised in the real estate sector
Apr18

Provia selects Teralco Group as its technological partner specialised in the real estate sector

  Technological development has changed the real estate market, and with increasingly more digital tools to bridge the gap between services and the customer, industry leaders know that  applying the right technology can make their business stand out from the rest.   Consumer expectations have skyrocketed and both SMEs and large companies have adapted to respond to the demands of an increasingly connected buyer. The numbers prove it: more than 80% of Europeans say that the internet is their first option when looking for a house, and 75% of searches end with a sale.   To encourage the digital transformation of the real estate sector, Teralco Group has signed a strategic agreement with Provia, the Association of Real Estate Developers of the Province of Alicante, to become its technological partner. Provia is a flagship association that represents and defends the interests of the real estate sector in Alicante, and promotes the professionalisation of agents.   The digital transformation of the real estate sector is no longer an option, but an obligation, and at Teralco Group we are experts in stimulating this change. We hope that the collaboration between Provia and Teralco Group helps to drive the digital maturity of agents in the area.   At Teralco Group we have extensive experience in the real estate sector, and our developments have placed us at the forefront of innovation for the sector in Spain. Our knowledge of real estate allows us to guarantee the success of a digital transformation, applying leading technologies such as CRM, custom development, Big Data, automated marketing, and artificial intelligence, among others.   As Provia’s technological partner, we translate technology into practical advantages for the real estate business. These are just some of the benefits of a digital transformation:   Integration of a corporate website with the main real estate portals and maintenance of the properties from a single platform. Automation of sales processes facilitating management with agencies, owners, and customers. Fast and accurate identification of additional and cross sale opportunities. Engagement and customer loyalty thanks to the analysis of data from different sources giving companies a unique insight of the customer to improve the commercial offer. Mobile solutions that give access to complete customer information from any device connected to the internet, and trace commercial actions (emails, calls, budgets…). Alerts to relevant agents about changes in property status. Analysis and visualization of business data in real time enabling you to generate detailed reports and make intelligent decisions. Automation of marketing campaigns, target audience segmentation and integration with social networks. Mapping of areas on Google Maps to identify real estate opportunities with information such as square meters,...

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How to land your dream job in a technology company
Apr08

How to land your dream job in a technology company

  Technology is one of the professional sectors with the greatest projection for the coming years. The wide range of opportunities, together with the lack of specialized professionals capable of meeting the growing demand, means that more and more people are interested in learning and working in this sector. The Technology sector has one of the most active labour markets in the world, and has been classified as the leading sector in emerging professions and innovation. Working conditions in technology companies are usually substantially better than average: good contracts, advantages such as flexible hours or remote work, and above average wages mean it is not surprising that more and more young people choose this line of work. It remains the least competitive sector by far. Computer and telecommunications experts are the most sought after in the market, so much so that a candidate usually competes on average with just 11 people for a job, four times less than the median, according to Infojobs. In addition, these professionals are not only sought after in technology companies, but also in companies from other sectors that need these professional profiles to help drive their digital transformation. The European Union foresees that almost 900,000 technological jobs will be created by 2020, and stresses that the growth of the Spanish and European economy depends on development and training in the Science and Technology sectors. But how can you land your dream job? Here is our advice on how to start a successful carreer in the technology sector:    Choose your specialty To join an emerging sector, choosing  which areas you would like to specialize in will help you to define your professional career and differentiate yourself from others. Check out this Most Wanted list, of profiles needed in the technology sector from Infojobs: IT architects Programmers Analysts Cybersecurity and Hacking Consultants Specialists in Agile, Scrum or UX Mobile app programmers Big Data developers Robotics specialists The demand for these specialistis is very high, and because companies usually have difficulty filling these vacancies, they are well paid.    Never stop learning Whether you are still a student or already have several years experience, learning will become your greatest ally. It is inevitable for employees to need to continue learnnig to keep up to speed with a sector that is in constant change, and it is a good idea to expand your knowledge according to company’s needs.  As well as demonstrating your knowledge and skills, it is important to show your eagerness to learn and adapt to the preferences of the company that will hire you. In this way, you highlight your strengths, without limiting your possibilities for...

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7 ways management software can improve your business
Mar22

7 ways management software can improve your business

Technology is here to stay. Companies understand that it is impossible to grow without it. A digital transformation helps businesses to become more efficient, and increase competitiveness, by improving: Access to information for intelligent decision making. Communication and customer service. Competitive position in the online market. Imcorporating new technology puts a company’s innovation culture to the test, as well as its capacity to adapt to new consumer habits. Personalised technological developments that adjust to the needs of each company, can control important aspects such as staff shifts, or billing. Here are seven technological solutions that will change the way you manage your business:     The endless data generated in the different devices in a company can be captured with IoT systems. Together with artificial intelligence technologies, and machine learning this data can provide innovative solutions, such as predicting customer behavior, defining efficient processes, adapting production in real time, offering predictive support, or making smart business decisions.   The data collected from a company is stored in an inhouse or cloud based data warehouse. This means the information is accessible from anywhere, enabling a company to issue invoices straight from their smartphone, create budgets etc. This simplifies the processing, availability, and security of information without major spending on physical infrastructure.     It is as important to analyse the current business processes of a company; as it is to translate these insights into plans of action that a team can put in place. Creating audits as well as personalized and accessible checklists from any device, will help a company to compare performance results and innovate so that any business strategies are aligned with technological changes.     Management software that controls employees can optimize the productivity of a workforce. It will enable a company to analyze work in real time, predict the needs of workers, and increase productivity.   Using artificial intelligence technologies it is possible to define optimal shifts, take into account employee feedback, and offer individualized treatment to satisfy each worker.     Knowing the level of customer satisfaction with a company can give important insights into whether a business is being managed correctly.  CRM technologies help companies to achieve their strategic and commercial objectives, as well as anticipating and answering the needs of the current and potential market. CRM software gives you access to customers opinion in real time, detecting possibilities for improvement and loyalty, as well as enhancing the productivity and organization of all areas of business. This helps to personalise services and products, direct your message to a specific target audience through marketing campaigns.     With the increase of electronic commerce; a fast, simple and reliable...

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6 possible problems when choosing a technology provider
Mar01

6 possible problems when choosing a technology provider

Choosing the right technology provider can be a significant competitive advantage for digital transformation, but there are times when projects do not go according to plan and they can turn into a nightmare. Here we give you 6 examples of possible problems – and solutions – when choosing a technology provider.     The provider does not offer a flexible solution: An essential requirement for any technological development project is flexibility. Prefabricated solutions that are soon obsolete or that do not satisfy the exact needs of our company, nor offer differentiation from our competition, are not an intelligent investment. It is essential to identify the long and short term requirements, to have a clear vision of the project and prepare responsibilities and expectations for the provider. The right supplier will try to understand the unique nature and expectations of the project before it is underway. Our Solution Our specialists in developing customized solutions take on the customer’s challenge and make it their own. We have our own development framework that allows us to undertake any project as required for your company.     The provider does not offer a price that is consistent with their services: When we have to hire different suppliers for each technological project for our company, our technological investment may end up being higher than expected. Outsourcing should optimize business and free up time for strategic actions. The rates of a technology company are a reflection of the skills, experience and quality of their work. Our Solution Our teams are made up of professional profiles and adapt to the needs of each company. We help you during the complete technological process, to redefine traditional business models, innovate, and optimize costs, times and decisions.     The provider does not maintain clear communication: Ineffective communication is the main contributor to the failure of a technological project. During the process business goals can change and evolve, and if the objectives are not communicated while working with an external provider, the relationship will not be productive. It is advisable to agree periodic follow-ups to review the work and be clear about the concept of technological development. The scope of the project must be specified including: the technical requirements, execution deadlines. payment, quality guarantees, and subsequent maintenance. Our Solution At Teralco Group we ensure regular communication and continuous monitoring of any changes to reduce risks and guarantee the execution of a fast, reliable and safe technological development.     The provider doesn’t have experience in your sector: There are some technological solutions that are applicable to practically any industry, but the fact remains that we will always get more...

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How to adapt your business to Industry 4.0
Feb21

How to adapt your business to Industry 4.0

We have all heard about Industry 4.0, but what is it and how does it affect the digital transformation of companies?   Throughout history, transformations have occured when new technologies converge with new systems of organization and management. The technological advances of the 21st century, together with the evolution and widespread use of the Internet, gave rise to the third industrial revolution; and in recent years technological development has taken us a step further, leading to Industry 4.0.   This fourth trasformation is characterized by the use of data together with intelligence to offer new ways of doing business, optimizing costs, times and decisions to drive the process of digital transformation.   Key to the success of Industry 4.0 is the endless amount of data generated and captured from devices, sensors and connected systems around the world, which we call the Internet of Things (IoT). Together with technologies such as artificial intelligence, cloud storage and processing, and machine learning; innovative solutions are offered for all sectors such as predicting customer behavior, defining efficient processes, adapting production in real time, offering predictive support, and analyzing huge amounts of data along with Big Data techniques for making smart business decisions.   These advances have led to the consolidation of so-called smart factories, in which processes that were previously assisted by computers are now dominated by computers and where exhaustive data analytics provides a key value for success. Intelligent systems communicate and cooperate with each other and with workers in real time, creating a network of digitally connected machines, a true ecosystem of digital transformation. The challenges of transformation   Enhancing IoT in companies has changed from being a connectivity strategy to a business decision. According to a study by Forbes, companies with more mature IoT initiatives grow faster, and 94% expect an increase in their revenues of up to 15%. The new perspectives allow companies to grow and explore business routes that were not before possible .   From identifying where a company has to innovate, to the use of visual sensors to understand the client’s behavior; new technologies offer solutions to generate greater productivity, efficiency and organizational flexibility.   However, while time and resources are being invested to develop Industry 4.0, business leaders remain pragmatic. Many begin the journey of digitization, but invest only when they see an immediate value in doing so.   Digital transformation is no longer a complex and expensive process that only large organizations can afford. It is not a case of reinventing a business but of identifying possible improvements and applying new technologies to provide solutions for both large and small companies.   Digital transformation...

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