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A Tipping Point for Technology

While historically real estate companies "have tended to lag" in adopting technologies, a convergence of disruptive forces means it's time to get in step, Deloitte's Jim Berry tells GlobeSt.com.

By Paul Bubny | Updated on November 06, 2017

Photo of Jim Berry Berry: “We’re past the days of just owning the asset.”

DALLAS—When it comes to disruptive technologies, “We’re at a tipping point,” Deloitte’s Jim Berry tells GlobeSt.com. “Those who move now to invest in and embrace the opportunities have a chance to actually move ahead at a somewhat quicker pace. Those who don’t are going to be pushed into it, because the adoption of some of these technologies surrounding real estate is occurring at a more rapid pace.”

Recently appointed as leader of Deloitte’s real estate and construction practice, Berry sees disruptive technological forces not only reaching a tipping point, but also coming together. “It’s not just the aspect of disruption that’s occurring, but the convergence of several disruptive factors and the wave of impact that occurs with that,” he says. However, he sees these disruptive factors as “opportunities that sit in front of us.”

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