Cloud | Building Engines
Building Engines Blog | Cloud
Transitioning to a new property management system involves a lot of moving pieces. The most important of those pieces is data – the lifeblood of your business. So naturally, when making the switch to a new property management system, you want to know everything: Where will it be stored? Who “owns” it? Will it be secure?
So you’ve been evaluating property management platforms and you’re thisclose to making a decision. Next up on your to-do list: getting a firm price proposal.
“We want to reduce the number of applications we support internally and the associated overhead/infrastructure costs by pushing more of our enterprise applications to the Cloud.” This was a commonly heard refrain from CIO’s and Directors of IT for commercial real estate enterprises and across corporate America over the past couple of years and is only expected to increase.
Technology has revolutionized the property management industry, and commercial real estate owners and managers are licensing an increasing number of cloud-based services. We released a white paper detailing why Cloud Software services must have a separate contract from physical services (such as janitorial and maintenance services). One-size-fits-all contracts are no longer sufficient.
SSAE 16 is important because it is a sign of performance and accountability for a hosting and cloud provider. Public Companies are in fact required to use a SSAE 16 qualified provider for financially significant outsourced services. Public or Private, any company wants assurance that their data baby will be handled with the utmost care.