Executive Roundtable

Capital Grille Chicago

The Capital Grille, 633 N Saint Clair St, Chicago, IL 60611

April 30, 2025

5:30 PM – 8:30 PM

Join us for an evening of engaging discussion and fine dining at the Capital Grille Chicago. This exclusive event brings industry leaders together to dive into how AI is helping organizations to address crucial topics in IT asset management and Security while enjoying a memorable dining experience.

AI-Powered Asset Discovery: Are You Sure You Know What Is On Your Network?

You’ve mastered managing and securing the assets you can see—but what about the assets you can’t? This session will explore how customers are leveraging a unique combination of Credential-less Discovery and GenAI to uncover previously unknown assets. Learn how this approach has resulted in significant cost savings and improved security.

Walk away with actionable insights on how you can leverage AI to gain unprecedented visibility, enhance operational efficiency, and secure a competitive advantage.

What You’ll Gain:

• Key strategies for uncovering hidden assets in your network
• Insights into using AI to improve security and cost efficiency
• Knowledge on how to boost operational performance and achieve better asset management

Register Now

Don’t miss out on this exclusive opportunity! Reserve your seat today for an unforgettable evening of discussion, networking, and fine dining.

Speaker

Tricia Gilbert

Head of ServiceNow Practice Americas, Fujitsu

Secure your seat

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APAC: Why You Need a
High-Performance Data Center That’s AI-Ready

Glenn Dekhayser

Global Solutions Architect

Rob Shear

Global Alliances CTO
for AI and Data Management

About Equinix

Equinix is the world’s digital infrastructure company. We interconnect industry-leading organizations such as finance, manufacturing, retail, transportation, government, healthcare and education across a digital-first world. Business leaders harness our trusted global platform to bring together and interconnect the foundational infrastructure that powers their success—sustainably and securely. 

The post APAC: Why You Need a High-Performance Data Center That’s AI-Ready appeared first on Tech Research Online.

إدارة مركزية للأصول والمنتجات لمناطق جغرافية متعددة باستخدام
Acquia DAM & PIM

براتيك جاين

جيك آثي

بانشول خورانا

The post Centralized Asset & Product Management For Multiple Geographies Using Acquia DAM & PIM  appeared first on Tech Research Online.

APAC: Why You Need a
High-Performance Data Center That’s AI-Ready

Glenn Dekhayser

Global Solutions Architect

Rob Shear

Global Alliances CTO
for AI and Data Management

About Equinix

Equinix is the world’s digital infrastructure company. We interconnect industry-leading organizations such as finance, manufacturing, retail, transportation, government, healthcare and education across a digital-first world. Business leaders harness our trusted global platform to bring together and interconnect the foundational infrastructure that powers their success—sustainably and securely. 

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Centralized Asset &
Product Management
For Multiple
Geographies Using
Acquia DAM & PIM

Prateek Jain

Jake Athey

Panshul Khurana

The post Centralized Asset & Product Management For Multiple Geographies Using Acquia DAM & PIM  appeared first on Tech Research Online.

Imagine having a virtual copy of your machines or systems that you can monitor and analyze without needing to touch the physical equipment. That’s what Digital Twin technology offers—a detailed, real-time digital mirror of your assets. This technology isn’t just a buzzword; it’s transforming how industries approach two important areas: predictive maintenance and asset management.

Digital twin builds on the power to anticipate issues before they arise and streamline the management of assets. This proactive approach helps companies save time, reduce costs, and improve efficiency. In this post, we explore how exactly this innovative technology is changing the game.

What is Digital Twin?

Digital Twin is a data-driven virtual representation of a physical object – whether it’s a factory, a cooling system, or even a piece of IT infrastructure.

It’s a detailed simulation that uses a two-way flow of information powered by data collected from sensors and when insights are shared back by the system processor with the original source object.

The data is then fed into a virtual model that helps you understand how the asset is behaving. The beauty of a Digital Twin is that it lets maintenance teams experiment in a virtual space, testing adjustments and fixes digitally before applying them in the real world. It’s like being able to practice on a prototype before doing surgery on a real patient.

How Digital Twin Technology Has Evolved

The journey of Digital Twin technology began when Ivan Sutherland developed the first Computer Aided Design (CAD) software called SKETCHPAD at MIT. This breakthrough allowed engineers to design and model assets digitally, cutting down the need for physical prototypes.

Fast forward to today’s Industry 4.0 era, technologies like the Internet of Things, and data analytics have taken Digital Twin to new heights. These advancements are now helping businesses make smarter and more sustainable decisions through predictive maintenance.

What is Predictive Maintenance?

Predictive maintenance is all about staying ahead of the game when it comes to keeping equipment running smoothly. Instead of waiting for something to break down or doing routine checks, predictive maintenance uses real-time data to predict when a machine may need attention.

The sensors track things like temperature, vibration, and wear, allowing companies to spot issues early and fix them before they lead to costly downtime.

In addition, predictive maintenance leverages data from sensors, using advanced tools like Artificial intelligence and machine learning to predict equipment conditions and minimize risk.

How is the Digital Twin Technology Helping Predictive Maintenance?

Predictive maintenance always aims to foresee equipment issues before they reach a critical level, and Digital Twin technology is taking this approach to a whole new level. Here’s how the new technology is making an impact:

1. Predictive Issue Detection: Digital Twins constantly monitor your machines using data from sensors to predict when something might go wrong. This helps maintenance teams jump in and fix problems before they escalate, ultimately reducing the risk of costly breakdowns and helping companies allocate their resources more effectively.

2. Optimized Maintenance Scheduling: Digital Twins help companies figure out the best times for maintenance based on actual conditions rather than sticking to a calendar. This means repairs happen exactly when they’re needed, reducing unnecessary downtime and keeping everything running smoothly.

3. Extended Equipment Lifespan: Digital Twin prolongs the life of equipment through the prevention of problems and keeping assets in their top condition. These digital replicas address wear and tear before it escalates ensuring your machinery lasts longer and operates more efficiently.

When it’s finally time to retire an asset, Digital Twins can even assist in planning for its disposal, like sorting recyclable parts or finding the most eco-friendly way to dispose of it.

4. Better Design and Testing: Digital Twins also shine when it comes to design and testing. Companies can use them to simulate how different designs will perform, allowing for tweaks and improvements before a physical product is even created. This not only saves time but also means that products are optimized right from the start.

What is Asset Management?

Asset management is simply the process of planning and controlling the development, operation, maintenance, and disposal of an asset. This process is often aimed at improving the performance of the asset using the most cost-effective method.

When asset management is carried out properly, it leads to an extended lifecycle of assets, delaying the need for costly replacements. In the long term, it increases the company’s return on Investment.

How is Digital Twin Technology Making Things Better for Asset Management?

Digital Twin has significantly impacted how businesses manage their assets and make smarter decisions. Here are some of the key ways it’s making a difference:

1. Better Asset Performance: Digital twins go a step further in that they involve not just the prediction of the timing of maintenance, but also performance trends over a period. The analysis of these performance trends allows asset managers to identify the inefficiencies and make appropriate decisions to continually optimize asset performance. This helps ensure assets operate at their peak for longer periods.

2. Improved Maintenance Planning: Probably one of the most attractive features of Digital Twin technology is the fact that it allows the testing of implementation in advance before trying to provide changes in real life. Maintenance teams can test different scenarios and tweak parameters in a virtual environment.

This ensures that any modifications are thoroughly assessed for impact, reducing the risk of unintended consequences on physical assets. For instance, if a company wants to change the operational settings of a piece of equipment, they can use Digital Twin to test how it would perform before making any changes in reality. This results in smarter, and more effective planning.

3. Cost Optimization: With Digital Twins, there’s a lesser need for physical testing and this saves companies a lot. Additionally, the technology provides data to optimize energy efficiency and reduce production downtime, enabling further cost savings. Even employee training can be streamlined, as virtual simulations can be used instead of real training on expensive equipment.

4. Improved Safety and Reliability: Digital Twin enables real-time data monitoring of an asset, improving its safety and reliability. For any identification of safety risks, alarms go off and maintenance teams can intervene before any potential hazard escalates. This feedback loop is very important in industries where safety is one of the main issues.

5. Data-driven Decision Making: Sensors and IoT devices feed Digital Twins with a wealth of real-time data. This allows teams to make quick, informed decisions regarding maintenance and performance optimization. Instead of relying on guesswork or periodic checks, data is always available, ensuring assets are well-managed and optimized for the best performance.

5. Effective Resource Allocation: Digital Twins also allow businesses to be more precise with resource allocation. Whether it’s energy, manpower, or materials, companies can simulate various scenarios to determine the most efficient use of resources.

This precision reduces waste and maximizes productivity, improving overall operational efficiency. For example, in a large manufacturing plant, Digital Twins can predict when specific machines need extra attention, helping managers allocate staff and materials more efficiently, reducing costs, and boosting productivity.

Wrapping Up – The Future of Digital Twin in Predictive Maintenance and Asset Management

Digital Twin technology is already making a big impact on predictive maintenance and asset management. It allows businesses to catch problems early on, fine-tune their maintenance schedules, and get the most out of their assets.

As we look ahead, it’s exciting to think about how this technology will reshape our approach to managing equipment, making operations more reliable and efficient. The best part? It’s not some distant future— this transformation is happening right now.

The post Why Digital Twins Are Essential for Predictive Maintenance and Cost Optimization appeared first on Tech Research Online.

As the demand for homes continues to surge, emerging real estate trends are shaping the industry like never before.

Over the years, the real estate market has evolved from the old traditional ways, particularly due to the adoption of AI and PropTech tools. This has led to the industry being anything but predictable with the latest technology trends in 2024.

However, many agents are still caught up with outdated strategies and have fallen behind competitors who are quick to adapt.

For this reason, our experts identified the top 7 real estate trends you should know, which, according to them, will significantly influence the real estate market in 2024.

Here are the most popular ones:

1. PropTech Advancement

PropTech is one of the most popular real estate trends in 2024, changing the way we buy, sell, and manage real estate properties and transactions.

Real estate agents now use immersive technologies like VR and AR to provide virtual property tours that give buyers a realistic sense of space and design aesthetics.

In addition, 3D modeling and drone technology is now widely used to also give buyers a detailed and aerial view of properties that were out of reach.

Blockchain is also another PropTech tool that guarantees secure and automated property transactions with the introduction of smart contracts. The process is immutable and transparent, allowing buyers to verify the authenticity of properties without intermediaries.

Beyond that, online property platforms like Zillow and Trulia have simplified the buying and selling process to make it easier for people to find and purchase their dream property with just a few clicks.

2. AI in Real Estate

Another real estate trend is the use of artificial intelligence to break down complex information and data. AI is now the first point of contact for potential buyers making inquiries via chatbots and assistants like ChatGPT.

To implement AI in your real estate business, start by evaluating your current processes to identify where AI can make a significant impact. You can also use AI to analyze complex documents, get accurate property valuations and smart property management.

With the rising roles of AI in real estate, agents can offer personalized experiences and make data-driven decisions that enhance the overall efficiency of the industry.

3. Demand for Sustainable and Green Building Technology

Green building technology is transforming the demand for sustainable homes and has influenced the way we plan, build, and maintain properties. It’s all about saving energy, picking the right materials, and growing trees to keep the air nice and fresh.

As environmental sustainability becomes a priority, eco-friendly homes are in demand in the real estate market. They are now a key selling point in today’s market, as modern buyers prefer houses with energy-efficient appliances, eco-friendly insulation, and solar panels.

According to NAR’s survey report, over 25% of home buyers are willing to pay for these features. The demand for sustainable homes is more than just a trend; it reflects our commitment to protecting the environment.

4. Rise of Remote Work and Suburban Living

The COVID-19 lockdown caused a major shift in the corporate world, as people were forced to work remotely. This new way of work has reduced the need to stay close to urban workplaces. It has turned the property market mechanism upside down with a significant increase in suburban and rural areas.

Now that the market demand has changed, real estate agents need to prioritize space, affordability, and quality of life over proximity to city centers. As a result, suburban living is on the rise, with more people seeking homes that offer larger living areas, home offices, and outdoor spaces.

This trend is transforming the real estate market, driving demand in areas that were previously overlooked.

5. Integration of Smart Homes

Smart building technology is one technological advancement that has minimized staffing costs and human error possibilities. It has also changed the way people interact with their living spaces. This trend has caused a surge in demand for properties equipped with smart devices like thermostats, lighting systems, security cameras, and voice-activated assistants.

The installed tech appliances offer homeowners greater convenience, energy efficiency, and enhanced security, making them valuable additions to modern real estate properties.

Incorporating smart home options in your listings can give you a competitive edge as a real estate professional or investor.

6. Build to Rent (BTR) Model

The Build to Rent model has gained immense popularity in addressing shifting housing demands. This emerging trend involves purposely erecting rental properties intended to supply long-lasting rental possibilities with amenities commonly connected to homeownership, such as shared spaces, fitness facilities, and concierge services.

The BTR model appeals to people who like the freedom of renting but still want a nice place to live. In 2024, experts think this trend will grow as more builders and investors see the chance for steady long-term profits from rental properties.

If you want to add variety to your property investments, the Build to Rent model allows you to make money with low risk. Today’s renters expect and deserve well-planned buildings that offer high-quality choices for different stages of life.

7. Emergence of New Real Estate Investment Strategies

The real estate investment market is growing as new strategies are introduced to meet the needs of an evolving marketplace.

Our experts predict a rise in fractional property ownership as well, with investors able to buy shares in properties and real estate crowdfunding allowing developers to access funds for development.

Also, using data-driven investment tools and platforms will help investors make better decisions, which in turn will lead to higher returns and fewer risks.

These new strategies are ushering in an era where more people have the opportunity to participate in real estate, and they may just be what’s needed next in a market that is becoming both accessible and increasingly dynamic.

The Bottom Line

These popular trends show how the real estate market will continue to change in 2024. Due to economic conditions and shifting consumer preferences, real estate trends will continually shape the housing market.

Managing these changes and adapting to them will help you succeed in this fast-moving field. These trends and tools can guarantee your success in real estate for years to come.

The post Top 7 Real Estate Trends You Need to Know in 2024 appeared first on Tech Research Online.

As one of the most asset-heavy industries in 2024, real estate requires substantial management to resolve productivity challenges. Proptech is the trending innovation driver transforming how property transactions are handled in real estate. It has introduced new technology solutions to address traditional real estate practices.

The real estate industry has been indecisive in embracing technology and is reluctant to change, which often involves a lot of paperwork and slow property operations. However, PropTech is the game changer most real estate professionals embrace to streamline processes and speed up transactions.

In this article, we explore the impact of PropTech in real estate and the top technologies shaking up the industry.

What Is PropTech?

PropTech might sound like a new term, but it is a short form for property technology. It simply involves businesses embracing technology to disrupt and improve real estate transactions. PropTech uses advanced tech solutions to enhance the buying, selling, renting, and managing of properties.

The role of PropTech is to optimize property transactions, streamline property management, and provide tools to make real estate processes accessible to all stakeholders involved. Solutions provided by PropTech include virtual tours and online listings for buying, selling, and renting properties.

Some of the technologies used in PropTech include Artificial intelligence, Blockchain, Machine learning, Virtual reality, the Internet of Things (IoT), and Big data.

The Value of Proptech in the Real Estate Industry

PropTech has continued introducing new changes to the real estate sector by assisting everyone involved in making better-informed decisions and improving processes and transactions.

Property technology offers benefits for real estate professionals, companies, and clients. Let’s examine the value these people get from integrating technology into traditional real estate processes.

• Real Estate Professionals

PropTech benefits real estate professionals, including brokers, agents, and realtors, in several significant ways. Examples of PropTech tools include short-term rental platforms like Lyric and multiple listing services and marketplaces like Dumper and Doorvest. These property tech tools help real estate professionals streamline their operations, enhance client engagement, improve property visibility, and ultimately close deals more efficiently and effectively.

Proptech tools, including Calendly, Salesforce, and Zillow, also help manage routine tasks such as scheduling, customer relationship management (CRM), and property listings. These technologies save real estate professionals time, allowing them to focus on more strategic activities.

On top of that, Property technology applications also include advanced analytic tools that provide valuable insights into market trends, customer preferences, and property values.

• Real Estate Companies

PropTech tools improve operational efficiency for real estate companies by automating administrative tasks such as data entry, portfolio management, and rent collection. The importance of property tech applications in real estate businesses is far-reaching. They are now indispensable innovations to improve customer service, property management, and rentals.

Examples of real estate companies that use PropTech include Airbnb, which connects travelers to homeowners, and Opendoor, which simplifies the buying and selling of properties. Furthermore, property technology leaves no stone untouched in transforming the real estate industry, from real estate marketplaces and mobile apps to automated building maintenance.

• Real Estate Clients

For real estate clients like buyers, investors, and sellers, PropTech enhances their experience with stress-free property search and viewing. Examples are online platforms or marketplaces that provide property listings with detailed descriptions, videos, pictures, and reviews. This makes it easier to research, rent, and manage properties.

Another way PropTech helps real estate clients is through real-world applications of Blockchain technology, which maintains transparency in transactions to reduce the risk of scams and increase trust.

Some property tech platforms also integrate financial technology into mortgage calculators and investment analysis tools to help clients understand their potential returns and financial obligations.

Top Proptech Technologies in 2024

The impact of PropTech in real estate is diverse and has witnessed the introduction of diverse technologies by property tech startups. Here are some of the top PropTech trends to look out for in 2024:

1. AI for Automation of Real Estate Market Processes

Since the advent of AI integrations, companies have invested billions of dollars in AI-powered tech real estate development. This includes the creation of new AI-powered applications or the introduction of new AI tools to improve the functionality of software. The development of AI in real estate has seen its application in:

• Home automation for smart security 
• Property and energy resource management
• Brokerage tech, such as listing generation tools
• Conversational tools like chatbots and virtual assistants 
• Real estate investment solutions 
• Property listing descriptions

2. Blockchain for Secure Transactions

Blockchain has introduced both transparency and security into real estate transactions. It is a top trend in property technology that has proven its potential to decentralize complicated and costly real estate transactions.

Digital agreements and store transaction details are automatically executed based on the predetermined terms between buyers and sellers. With property as tokens, blockchain technologies make the real estate sector more affordable and free to access.

3. Virtual Reality/AR for Better Home Touring and Buying

VR can be used for different purposes, including providing an augmented reality solution allowing clients to experience a virtual tour of available properties during and after construction. Augmented reality (AR) is also a framework that encompasses smart building technology. It aims to improve human lifestyles through innovative and eco-friendly infrastructure.

VR provides remote viewing from anywhere and 360-degree views, allowing clients to explore every angle of their potential property. In 2024, the use of VR to create engaging virtual staging content will increase, thereby increasing the chances of an actual sale.

4. Internet of Things (IoT) for Predictive Maintenance

Another important PropTech technology in real estate is IoT, which is used to automate home systems like lighting to allow for remote control from a smartphone. It uses a network of devices and sensors to send and receive information about properties to track their present state and predict maintenance.

Wrapping Up – The Future of PropTech in Real Estate

The latest technology trends have shown that there will be more innovations in the future to transform the real estate sector. PropTech has indeed awakened tech hibernation in the real estate industry and is hungry for more. To avoid lagging behind in digitalizing real estate processes, now is the time to embrace and introduce innovative approaches to your business.

The post What is PropTech and Its Role in the Real Estate Industry appeared first on Tech Research Online.