Office space market needs to consider Cloud Computing

RICS report says that offsite data storage will impact office space requirements

Article posted: 28 Feb 2011

The way in which property professionals advise their office space clients could soon change as cloud computing increasingly becomes the IT method of choice for industry, according an RICS report.

Cloud Computing involves adopting a virtual server which allows businesses to save information remotely and dispense with large, unreliable servers. Property professionals should be aware of this growing trend and consider its impact on space requirements, IT costings and increased remote working when advising clients.

With demand for online servers set to increase exponentially over the coming years, Cloud Computing could help redefine the cost profile of IT in real estate companies, generate demand for technical property like data centres and reinforce flexible working practices.

As more and more businesses look to reduce their expenditure, cost-efficient operating solutions will become an increasing priority. The impending impact of businesses adopting the Cloud will be far reaching for the property profession. 

Organisations that choose to adopt these virtual IT systems will be able to reduce their running costs and smaller businesses will be able to access systems which would, otherwise, have been beyond their financial means. Furthermore, by using virtual IT systems businesses will require less floor space, as large servers are dispensed with and the smooth, reliable remote access allows a greater number of employees to work away from the office on a more regular basis.

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Posted by Jo