Poor data management can lead to poor decision-making. While audit and risk committees across the UK receive reports every year on the effectiveness of their internal control systems, little thought generally goes into the data issues that decision-makers face every day. Data is often out of date and frequently there are multiple sets of similar…
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083 - September 2021
Pinpointing high-risk residents with IoT
Nick Rutter, chief product officer at FireAngel, explores how housing providers can use the internet of things (IoT) to identify those most at risk of a fire in our communities and intervene to prevent future incidents. In the past year, purpose-built properties had around 7,000 fires reported, according to government figures. However, it’s estimated that…
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Hybrid working – Striking a happy medium
Workplaces are going through a revolution after 40 per cent of the workforce has been working from home during the pandemic. Employees now want to ‘hybrid work’ because they’ve experienced the benefits of working at home and in the office, and they want the best of both worlds. Companies need to accept and embrace this…
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Plentific raises $100m funding for expansion
Plentific has raised $100m (£72 million) in ‘Series C’ funding from new investors Highland Europe, Brookfield Technology Partners, Mubadala Investment Company and RXR Digital Ventures alongside existing investors A/O PropTech and Target Global. Plentific plans to use the investment to expand its global footprint and to accelerate its product development around digital transformation in property…
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Untangling risk management
Risk management should be part of all housing providers’ ongoing business operations; after all, taking risks and mitigating those risks is part and parcel of everyone’s daily lives. However, in the context of risk management, it’s worth being a little more specific about what we mean, first to avoid confusion, and second as a way…
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Technology supply-chain risk
Talk to your current suppliers Before onboarding a new technology supplier, it’s worth discussing the matter with your current suppliers to see if they can offer the solution(s) you need. Your existing suppliers will have already passed all of your internal checks, plus you can gain internal references from your colleagues on the quality of…
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