- Has both consulting and development experience in your industry.
- Can customize the out-of-the-box capabilities of SharePoint.
- Understands how to organize data.
Experience in Consulting & Development in Your IndustryYou don’t want a company with little experience in your industry. If the consultant cannot prove their track record of satisfied customers, then you might need to look elsewhere. Always ask, what brands the SharePoint Consultant has worked with. Depending on what kind of solution you want, you may want to find a SharePoint consultant that has worked with trusted brands. For example, HingePoint has worked with brands like Marriott, Verizon, Presidio, and IHG. Make sure that they have experience working in your industry (or a similar industry).
Ability to Customize SharePoint's Built-In CapabilitiesTo meet your business' specific needs, SharePoint consultants sometimes only need to use the standard "out-of-the-box" (built-in) capabilities that come with SharePoint. But sometimes, they need to be able to customize SharePoint so it works the way you want. If you're looking for customization and the consultant can only perform basic configuration without any customization, you're going to be unsatisfied. The flip side is also true: if a SharePoint consultant only tries to push customization when you just need something basic, they aren't the right fit. Always ask, "Do you just configure out-of-the-box or do you customize SharePoint?"
Understands How to Organize DataLet’s face it, if you're using SharePoint, you most likely want to manage all the information in your company. SharePoint is a great document management system. Without it, your documents are probably unorganized and difficult to find. If the SharePoint consultant does not know how to make a hierarchy of data, you might not have the right fit. Always ask,"Are you going to help me organize my data? Manage it on an ongoing basis?"
ConclusionHiring a SharePoint consulting firm can be an investment that provides a positive ROI almost immediately. If you're in the process of finding the right consultant, we'd love to hear what you're looking to accomplish! Feel free to start a live chat with our solution consultant on this page, email us, or call us at (214) 301-0000 to get started today.
About HingePointHingePoint offers cloud and mobile applications for construction and real estate that are easy to adopt and employees love. Specializing in the systems that run the construction and real estate business including SharePoint, Salesforce, Procore, MS Dynamics, and Autodesk. Scale and grow profitably with Financial and Project Management Dashboards, document management, and workflow automation for field to office collaboration. HingePoint 8105 Rasor Blvd. Suite 241 Plano, TX 75024 (214) 301-0000 www.hingepoint.com [post_title] => What Makes a Good SharePoint Consulting Firm? [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => what-makes-good-sharepoint-consulting-firm [to_ping] => [pinged] => [post_modified] => 2021-03-24 12:10:55 [post_modified_gmt] => 2021-03-24 17:10:55 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/?p=14204 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )  => WP_Post Object ( [ID] => 14106 [post_author] => 3 [post_date] => 2018-02-22 03:05:11 [post_date_gmt] => 2018-02-22 09:05:11 [post_content] => With a few simple configurations, SharePoint can be the foundation for a flexible, user-friendly, and affordable Project Management Information System (PMIS). If you are not currently using Microsoft SharePoint and Office 365 to manage your commercial real estate projects… you should be! First, let’s clarify what Office 365 is. Some people think of Office 365 as Word, Excel, and PowerPoint for document creation and Outlook for email. Most are unaware that those are only a tiny piece of everything Office 365 has to offer. We will discuss what these apps are and how to leverage them to their fullest capabilities at a later date (stay tuned to our blog). In the meantime, you can check out the Top 5 Integration Features of Office 365 and SharePoint Online. [caption id="attachment_14105" align="aligncenter" width="850"] Office 365 Apps[/caption]
Here are 8 reasons you should be using SharePoint to manage your commercial real estate projects:
1. Chances are you probably already have SharePointMicrosoft states that they have over 250,000 organizations using SharePoint and that over 85% of Fortune 500 companies now have SharePoint Online. You are already saving money on licensing costs by owning the SharePoint application through your Office 365 licenses.
2. SecurityUsing groups to maintain a scalable security environment is typically your best option because permissions are applied to the group as a whole, not individual people. So, when adjusting permissions, only one change is needed to a group (as opposed to multiple changes for different individuals). You can define a security permission from a site collection, to a site, to the lowest component of a single item or document. It's very easy to assign these permissions directly to an individual user or a group of users.
3. Collaboration tools everyone will want to useThe ability to leverage Office 365 Groups, which deliver a means of group communication, is a solid alternative to Slack and other popular messaging applications. Using Groups gives your team the ability to view, edit, share all group files, view, and schedule group meetings with ease allowing for better communications among team members. Granting external access in SharePoint Online is a breeze and no longer a time-consuming inconvenience. Simply connect a Microsoft account to their company e-mail or create guest links to give users access to folders, individual files, and sites within your environment.
4. 3rd Party Services IntegrationMicrosoft Flow puts real power in the hands of regular users by easily connecting and automating services vital to your business. Microsoft Flow features code-free interaction with hundreds of third-party services such as Salesforce, Zendesk, Facebook, Twitter, OneDrive, Microsoft Dynamics, and more.
5. Ridiculously simple reporting toolsSharePoint features powerful reporting tools to quickly view and share data. You can build, configure, and update scorecards and dashboards. Power BI reports to a SharePoint page (display charts, dashboards, reports, KPIs, etc.) on your SharePoint site makes the information readily available to users. Additionally, the analysis/metrics tools are now available within the program instead of having to import them; so, significant time is saved on importing data from other sources. You can also use Excel to build your reports and display them within SharePoint. [caption id="attachment_14067" align="aligncenter" width="800"] Example Microsoft BI Dashboard Reports[/caption]
6. Mobile/Tablet FriendlyAccess to everything, from anywhere, and on any device. This is HUGE for the real estate and construction industry! View and work on documents while on the job site or in the field. With SharePoint Online, you have all the information you need on every device so you can get more work done with ease.
7. Task ManagementSharePoint allows you to manage a set of tasks that may belong to a project, a business initiative, or a department. Users can also create customized list views, combined with out-of-the-box workflows to manage personal tasks and assign tasks to their team members or anyone else in the company.
8. Flexibility to make it work how you wantSharePoint is designed to be configured however you want and to provide the most value when managing commercial real estate projects. It can be very intimidating to try and figure out where to start with SharePoint because (by default), SharePoint is installed as a blank site without any content. At HingePoint, we have guru developers and architects that have ALL the Microsoft certifications. We can help you create customized SharePoint Online, Web Parts, .Net, and Office 365 APIs that are integrated with Microsoft Exchange, Active Directory (AD), and SQL Servers.
ConclusionIf you properly implement SharePoint, it will transform your company’s productivity. Employees will be more efficient, you’ll have better access to your company’s data, and you’ll be able to better report on key metrics. HingePoint’s custom SharePoint solutions have helped many companies struggling with unorganized data and manual, multi-step processes. Those same customers have transitioned into a more organized, productive organization through automated workflows and easy-to-find information. Interested? We'd love to have a conversation about what you're working on. Start a chat with our Solutions Architect on this page, give us a call at (214) 301-0000, or contact us here. --
About HingePointHingePoint offers cloud and mobile applications for construction and real estate that are easy to adopt and employees love. Specializing in the systems that run the construction and real estate business including SharePoint, Salesforce, Procore, MS Dynamics, and Autodesk. Scale and grow profitably with Financial and Project Management Dashboards, document management, and workflow automation for field to office collaboration. HingePoint 8105 Rasor Blvd. Suite 241 Plano, TX 75024 (214) 301-0000 www.hingepoint.com [post_title] => 8 Reasons to Use SharePoint as a Project Management Solution for Commercial Real Estate [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => using-sharepoint-for-commercial-real-estate-project-management [to_ping] => [pinged] => [post_modified] => 2021-05-03 13:13:34 [post_modified_gmt] => 2021-05-03 18:13:34 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/blog/sharepoint/using-microsoft-sharepoint-as-a-project-management-solution-for-construction-industry-copy/ [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )  => WP_Post Object ( [ID] => 12925 [post_author] => 3 [post_date] => 2017-06-21 16:34:44 [post_date_gmt] => 2017-06-21 21:34:44 [post_content] =>
Toyota and Lean Land in Plano, TexasIf you know anything about Toyota North America headquarters, you probably heard it is moving to Plano, Texas. They are building a remarkable new headquarters building near Legacy West. But what you might not know is that Toyota has revolutionized how companies and organizations around the world work together through something called lean. Lean is a philosophical approach created by Toyota in the 1930s to eliminate waste so you can better serve customers. "Being Toyota's neighbor in Plano is outstanding," HingePoint CEO and Founder Bryce Finnerty said. "We not only eliminate waste for our clients who are doing redundant work because of the software they are using, we have adopted the philosophy in our own work." The HingePoint team has been reading “2 Second Lean” by Paul Akers for about a year now. We read a page in our morning, 30-minute huddle, and we all try to “lean out” our workflow. Akers, who sent a personal message to the HingePoint team via YouTube, said lean is very simple and it should not be complicated. "Lean is simply the elimination of waste by taking every process that you do every day and just removing that waste and making it a little more efficient and easier for you to do," Akers said. "Lean should make your work more enjoyable. If it does that you're going to be more productive, the quality is going to go up, the customer is going to win, the company is going to win and you're going to win." Lean thinking is spreading. According to the Lean Enterprise Institute, almost all industries are applying lean thinking to their businesses: logistics and distribution, services, retail, healthcare, construction, maintenance, and government. “Indeed, lean consciousness and methods are only beginning to take root among senior managers and leaders in all sectors today,” according to the Lean Enterprise Institute, But what exactly does 'lean out' mean? When we say “lean out your work,” we’re saying, “See where you are wasting time or resources and fix it.” Be like Toyota, and lean thinking will vastly improve your business. If you only save two seconds on repetitive tasks, those seconds start adding up if you continuously improve. And if you take the philosophy to heart, you can lean out your life both personally or professionally. Another good way to lean out your workflow is to fix what bugs you. Actually, all HingePointers are paid 40 minutes Tuesday through Friday to find something that bugs them and to fix it. We’ve had employees redesign entire personal offices to learning more Excel keyboard shortcuts. You can see a list of more examples below. So Why is Toyota and Lean Important? Toyota vastly improved Henry Ford’s assembly line, by seeing how they could eliminate waste. Toyota called the philosophy of complete elimination of all waste the Toyota Production System. “Waste can manifest as excess inventory in some cases, extraneous processing steps in other cases, and defective products in yet other cases. All these "waste" elements intertwine with each other to create more waste, eventually impacting the management of the corporation itself,” according to Toyota. The production system was created with the objective of "making the vehicles ordered by customers in the quickest and most efficient way, in order to deliver the vehicles as quickly as possible." How does this apply to your business? Toyota and lean thinking goes hand in hand. But think about your own customers. Are they getting your best work in the most efficient way possible? Or do you have waste? Are you wasting time because you have some software that isn’t working the way you want it? Do you have all your data in one place? Entire companies have been created around the idea of eliminating waste. HingePoint is one of them. We help you take control of your critical data that is locked in a server and can’t communicate with other systems.
Equipment and Office
- Started Leaning out (organizing and getting rid of stuff) Marketing Shared folders
- Charge computer near the front door when not being used so it is easy to grab when leaving
- Began Leaning out Office to fit new filing cabinet in closet to hold all paper documents for current clients
- Organize File Folders/Cabinets
- Got monitor adapters so team can all work on two screens in my home office
- Bought extra plug-ins for computer home office to get in and out of home office quicker
- Got another TV screen from Bryce to save time on group collaboration, extra screen for 2 Hingepointers
- Set up 3 workspaces in my office so we don't have to waste time when the team gets to my house for a work session
- Turn on computer first thing in the morning to let it boot up while I do other stuff rather than waiting for it to load
- Got a second computer cord to save time plugging my computer in and taking my cord with me everywhere and then having to plug it in again when I get home
- Bought a $15 keyboard and mouse so I can have two work stations in my office
- Used Jonathan's template for Data Mapping to speed up my data mapping for SharePoint
- SharePoint data mapping - do one column at a time, adding data in batches
- SharePoint data mapping - use existing mappings as templates for similar sites
- Created the project management folder structure for SharePoint in a dropbox template to save time when making cutover
- SharePoint future state mapping - leave Brendan's comments when data is the same
- SharePoint future state mapping - use keyboard to switch between tabs
- SharePoint future state mapping - instead of typing commonly used phrases, copy from other fields
- SharePoint future state mapping - a lot of the fields are the same across contracts; only change what is different
- Set up all requirements for list views in new SharePoint so that I wouldn’t have to review what I was thinking and then rework the requirements after discussing with developers
- SharePoint future state mapping - use keyboard shortcuts for review
- When transferring files between folders, open two copies of Windows Explorer for the destination and source
- SharePoint future state mapping - use keyboard shortcuts for review comments, like Alt+R+C for new comment
- Use the best lighting when scanning business cards to Salesforce
- Set up salesforce filters to automate reporting
- Be logged into programs (SF) earlier in the day
- Wrote down the configuration for the salesforce lead filters, so if they get deleted again it will be a quick fix
- When connecting to online data sources in Tableau, always have a good internet connection
- When connecting to data sources in Tableau, validate credentials outside of Tableau first, don't try to troubleshoot inside of Tableau
- Learn keyboard shortcuts in Excel for common tasks, i.e. Alt+H-I-R for insert row
- In Excel, do as much navigation as possible with the keyboard
- Excel shortcut: F2 to edit cell contents instead of double clicking
- Started using some of Jonathan's excel shortcuts that he taught us
- Organized candidates, recruiting backlog
- Turned off social media notifications to be able to focus more on work
- Saved phone number for daily huddle GoToMeeting
- Only work through one VPN at a time
- Organized applicants in spreadsheet so I don't waste time trying to figure out who is who
- Brought iPad to meeting with Dronomy to lean out bringing my entire laptop setup
- Installed a Chrome extension called StayFocused to block distractions
- Added Amazon Chime daily huddle dial-in as a contact in my phone
- Created Content Widgets to easily share content on the blog
- Use Power BI to create graphs wherever possible
- Emptied downloads folder to avoid scrolling to find newly downloaded files
- Close windows and tabs that are not relevant to the work at hand
- Make scorecards for client throughout the week to avoid rushed work on Fridays
- For data dictionary, fill out all data names for a screen first and then define them
- Data mapping/dictionary - use two screens
- Brought iPad to meeting yesterday instead of laptop to take notes so I didn't have to pack a whole bag
- When working through VPN on servers, work in the morning/early afternoon to avoid lag that occurs in the evening and spend time packing up and unpacking my laptop and accessories
- Edit template in meeting as we go, so we don't have to take notes and then do rework after the meeting
- Improved server access status template
- Had Jonathan set up Scorecards while I was in a meeting so I could send them out when I got home
- When uploading client weekly reports, copy both reports together to avoid clicking down into folder structure
- Tested everyone's email and password before sending them to the developers so we didn't waste anymore time
- In future, send meeting invite to client and let them either accept or decline, rather than wait for them to respond to my emails
Need help with BIM integration?[post_title] => Star in Frisco Brings Major Developments to Collin County [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => star-in-frisco-brings-developments-to-collin-county [to_ping] => [pinged] => [post_modified] => 2018-02-21 00:12:44 [post_modified_gmt] => 2018-02-21 06:12:44 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/?p=12905 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )  => WP_Post Object ( [ID] => 12894 [post_author] => 3 [post_date] => 2017-06-07 11:13:11 [post_date_gmt] => 2017-06-07 16:13:11 [post_content] => Last week when Legacy West opened, Windrose Avenue was closed to traffic so visitors could walk in the large boulevard and see the new development. The new Liberty Mutual building on the horizon--which is still being built--seemed to symbolize that Legacy West is not fully finished. But the new development had enough restaurants and shops ready to celebrate the new space in Plano, Texas, which is one of the largest developments to ever take place in the state. “It’s nice to have things closer,” Frisco resident Emily Herbold said. “There’s a variety of things for a variety of people whether you’re a single person or have a family.” The streets at Legacy West are lined with restaurants of all varieties, from upscale dining like Dallas’ favorite Del Frisco’s Double Eagle Steak House, sister restaurant’s True Foods and North Italy to the all so popular Shake Shack. Read more about the restaurants here. Herbold won’t need to go downtown anymore to find things to do, and she likes everything else that is being built out, including the new companies moving to Plano. “Corporate opportunities are right next door now,” she said. Thanks to a great tax incentive by the City of Plano and the Legacy West development, several huge companies are moving in the area. Legacy West and Plano have attracted Toyota Motor North America, Liberty Mutual Insurance and JPMorgan Chase & Co, and most recently, Boeing has announced it will relocate its global services division headquarters in the area too. Read more about how Collin County is transforming. “We’re excited to see this,” said Beth J, who has lived in Plano for 15 years. “I do wonder how this is going to increase taxes and traffic,” she said. “But I think it’s great for the economy.” To alleviate traffic, the North Texas Toll Authority has been hard at work on the Dallas North Toll. Improvements include an additional lane in each direction on the north toll. A northbound lane will be added between Trinity Mills Road and the Sam Rayburn Tollway, and a southbound lane will be added between the Sam Rayburn Tollway and the Belt Line Road exit. “Work on the project is scheduled to be completed in early 2018, weather permitting,” according to an NTTA press release. Because of the new development, it’s going to attract visitors from across the DFW area. Steve Hussman visited Legacy West from Fort Worth. “I had to come check it out,” he said. “The way they have it setup with offices, restaurants and living is pretty nice. I’ll definitely come back.” [post_title] => Legacy West Instantly Becomes New Attraction [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => legacy-west-instantly-becomes-new-attraction [to_ping] => [pinged] => [post_modified] => 2018-01-25 07:14:52 [post_modified_gmt] => 2018-01-25 13:14:52 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/?p=12894 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )  => WP_Post Object ( [ID] => 12872 [post_author] => 3 [post_date] => 2017-06-05 15:15:45 [post_date_gmt] => 2017-06-05 20:15:45 [post_content] => The largest urban village development—Legacy West—opened in Plano on Friday. Collin County is now known for its booming economic landscape, however, the opening of Legacy West, a $3.2 billion dollar development, has set a new standard in commercial real estate for the area. Legacy West is a 225-acre project with hotels, restaurants, high-end shops and apartments residing along Dallas North Tollway and State HWY 121. Because of the massive development, corporate offices like the new Toyota North America headquarters, Liberty Mutual and FedEx will surround the developments, bringing a surge of new jobs to the area. The grand opening planned by DFW Events and Legacy West, showcased treats by Sprinkles Cupcakes, signature cocktails, live entertainment and food all proving to be as big as the Texas-sized state. “This is one of the bigger grand openings of a shopping center in a long time,” said Mary Francis-Hurt, event coordinator for DFW Events. “It is truly a shopping and dining experience.” The streets at Legacy West are lined with restaurants of all varieties, from upscale dining like Dallas’ favorite Del Frisco’s Double Eagle Steak House, sister restaurant’s True Foods and North Italy to the all so popular Shake Shack. There will also be a five-story cafeteria and brewery. North Italia and True Foods are owned by Fox restaurant concepts, a culinary group of multi-faceted restaurants whose mission is to reinvent the way people experience food. One of the keys to their success is finding the best locations. "We were obviously very particular about what markets we went into," said True Foods general manager Amy Adams. "It has to be a market that is going to understand and appreciate everything we do, and how can you look at this development and not want to be a part of it?" True Foods was the chosen location to host the VIP ribbon cutting ceremony and featured a special cocktail for the event. Retail shopping was also a large part of the allure with big brand names like Tesla Motors, West Elm and Johnny Was a boho-chic boutique from Los Angeles. "I think it is going to bring in a whole new dynamic to the area and taking Plano up a notch," said Louri Campbell, assistant manager at Johnny Was. "We are excited to be a part of such a progressive and unique development because there is really nothing like this going on in North Texas." Development in North Texas is not slowing down, suburban areas like Plano and Frisco are currently at a pinnacle of growth; take for example The Star in Frisco, the new Liberty Mutual building and Toyota’s headquarters. The opening of Legacy Plano West is just proof that everything is bigger in Texas. About HingePoint HingePoint covers the AEC Industry and is the author of The AEC Industry 4.0 Report and the Autodesk Industry Report 2017. HingePoint helps construction and real estate development companies take control of their company’s information. We combine systems, software, and data so all company information can be seen and accessed from one screen, like a smartphone or computer. HingePoint provides Procore, SharePoint and Salesforce consulting for Commercial Real Estate and Construction companies. HingePoint also helps the AEC industry with development & integration of AutoDesk and Procore products with enterprise systems. We are a trusted partner with over 25 years experience of systems development and integration work in the AEC industry. Our clients range from top hotel brands and restaurant chains to AEC firms and real estate developers and Facilities Management. We provide BIM with ROI. Results Guaranteed…Literally Guaranteed. [post_title] => Everything is Bigger in Texas, Legacy West's Grand Opening in Plano is No Exception [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => everything-bigger-texas-legacy-wests-grand-opening-plano-no-exception [to_ping] => [pinged] => [post_modified] => 2018-02-09 01:25:00 [post_modified_gmt] => 2018-02-09 07:25:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/?p=12872 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )  => WP_Post Object ( [ID] => 12862 [post_author] => 3 [post_date] => 2017-05-31 12:51:03 [post_date_gmt] => 2017-05-31 17:51:03 [post_content] => North Texas development is so massive, it can be difficult to know what development is going where and what companies are moving to Plano vs. Frisco. Legacy West and Plano Right now, some of the best brands call Plano home: Dell Services, Dr. Pepper Snapple Group, Frito-Lay, and Rent-A-Center. But now, thanks to a great tax incentive plan by the City of Plano, several more huge companies are moving near Legacy West, a 250-acre “modern neighborhood destination” at the southwest corner of the Dallas North Tollway and State Hwy 121. For simplicity sake, Legacy West is on the opposite side of the Dallas North Tollway from the Shops at Legacy, which has many restaurants and a movie theater. The next phase of Legacy West is opening in June. And because of its amenities and urban living, more companies are moving to the area. Legacy West and Plano have attracted Toyota Motor North America, Liberty Mutual Insurance and JPMorgan Chase & Co, and most recently, Boeing has announced it will relocate its global services division headquarters in the area too. Right now, Legacy West is the biggest development in North Texas. The Karahan Companies is leading the development of Legacy West adjacent to the JCPenney headquarters, including the $500 million mixed-use Legacy West urban center. Fehmi Karahan, the lead developer, also created The Shops at Legacy in Legacy Town Center off the Dallas North Tollway in 1988. Legacy West is an extension of this project. And that is just in Plano.
Here are the top 9 things to know about moving from ARGUS DCF to ARGUS Enterprise:1. After June 30th, 2017, all technical support for ARGUS Valuation DCF will end including telephone, e-mail and live chat support, as well as installation support, knowledgebase resources, and product updates and patches. As of December 31, 2015, the company has already discontinued sale of new licenses and public training for DCF. 2. ARGUS Enterprise will most likely prove a more effective solution in the long run. Current DCF users may be uneasy about the transition, but once they have made the switch, they will find that ARGUS Enterprise has all of the same functionality and more. The most recent version of AE has several DCF-inspired improvements to make the transition easier than ever. 3. There is a learning curve when moving from DCF to AE. AE is a bigger program with more functionality, and so takes time to re-learn. 4. ARGUS provides many resources to help the transition to AE. Transition guides, information on file conversion, how-to videos, and free webinars and learning events all help ease the process. 5. ARGUS Enterprise is already widely used in the industry, with a majority of space in the Office (95%), Industrial (88%), and Retail (63%) sectors managed by firms using AE. In addition, all major brokerage firms and 70% of the top 50 largest Real Estate Private Equity firms have and use AE. 6. Until June 30th, ARGUS is providing transitioning customers with Transition Keys which allow access to both DCF and ARGUS Enterprise. Transitioning customers will also receive a discount on AE licenses for DCF licenses that they own and maintain. 7. Customers with perpetual licenses for DCF will still be able to use it after the June 30th cutoff unsupported. However, this is not recommended. To complete late stage deals which are already using DCF, ARGUS is also offering AE customers with Transition Keys a limited number of restricted access licenses through the end of 2017. 8. ARGUS users need to be aware of the transition status not only of their own firm, but of everyone involved in their current deals. This includes lenders, investors, brokers, and intermediaries. The transition could cause unexpected slowdowns, but once everyone is on AE, work pace should improve as everyone will be working from the same file. 9. Some DCF users may prefer to skip the desktop version of ARGUS Enterprise and move to ARGUS’s new cloud-based platform, ARGUS On Demand. ARGUS On Demand is a hosted, subscription-based solution which offers ARGUS access through any computer. This may be especially appealing to Mac users, who currently have to use Windows in parallel to run the desktop version. For more information, see ARGUS’s official webpage about the transition.
Need help using ARGUS, or any other integration help? We can help.[post_title] => 9 Things You Need to Know About Moving from ARGUS DCF to ARGUS Enterprise [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => 9-things-you-need-to-know-about-moving-from-argus-dcf-to-argus-enterprise [to_ping] => [pinged] => [post_modified] => 2018-08-01 12:29:48 [post_modified_gmt] => 2018-08-01 17:29:48 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/?p=12775 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )  => WP_Post Object ( [ID] => 12772 [post_author] => 3 [post_date] => 2017-05-10 06:46:11 [post_date_gmt] => 2017-05-10 11:46:11 [post_content] => Argus Conference, Arizona, April 26 – 28, 2017 The leading provider of software solutions for the commercial real estate industry, ARGUS held their annual education conference to provide insights on global market trends, strategies to managing data and performance, and the latest developments in CRE technology and innovation. HingePoint attended to get certified on the new ARGUS Enterprise platform, which is the industry standard for many of our clients in real estate. And in construction and development, those projects are part of the bigger real estate pro forma and plan created by ARGUS. Critical to any real estate or construction business is maximizing the data and analytics from ARGUS and the suite of ARGUS and Altus Analytics products. If you missed the conference, here are the highlights and best elements this year. 1. CEO Bob Courteau – This was not your standard keynote by the CEO. Courteau laid out the plan of how ARGUS suite of tools will provide the data and analytics to help real estate business compete now and into the future. Staying on top of all the technology trends sweeping the business world, Courteau is no “old school” developer. Argus will keep you on top of the best tools to grow and run a profitable real estate business intelligently with data. 2. Peter Hinssen –As a keynote, Hinssen makes a compelling argument that you must not focus on today, or tomorrow, but the day after tomorrow, to know what technology trends will rock the real estate industry in the near future. Will drones, autonomous vehicles, mobile, analytics, robotics, data, and smart buildings affect the way you do business or the types of facilities the world needs in the future? He speaks of many technologies from our AEC 4.0 Industry Report. I’m going to read his book , which will be published June 22, 2017. 3. Sean Gourly –As a keynote, Gourly proposed that humans plus computers are better. Computers are better than humans at some things, but humans are better at others; better than a computer by itself or a human by itself is a team of computers plus humans. For example, weather prediction accuracy over time shows people plus computers are 16% more accurate than just computers, at every level of computing power. Gourly’s book recommendations on data analysis: Nate Silver – The Signal and the Noise; Pedro Domingos – The Master Algorithm, Leonard Mlodinow – The Drunkard’s Walk. 4. Waypoint – Waypoint had the best new product at Argus Connect. Waypoint offers a breakthrough collaborative tool that enables asset and property managers to more easily identify opportunities for NOI improvement. Designed exclusively for the Commercial Real Estate industry – the unique Waypoint application drives operating expense reductions that improve building performance, increase property values, and enhance investor returns. So many people guess at the industry averages for their pro forma planning. But with WayPoint, you get real data! For more details, watch this video: Waypoint Overview. 5. NOI Strategies, Tama Huang – Huang had some amazing comments on the panel discussion. What ever they are teaching is right! Tune in to NOI Strategies. NOI Strategies is a global consulting firm that is committed to helping real estate organizations achieve operational excellence. 6. ARGUS Enterprise Certification – while most software training is like pulling teeth, this training was incredible. The best training our team has been through. Amazing instructors, great training materials, hands-on computer based exercises and case studies. First class! Can’t want to have our team certified on 11.6. Next year is back to Florida, so stay tuned! On the beach, you can’t beat the atmosphere and location of this conference. You could consider attending just for the location alone.
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Real Estate Executives focus on replacing outdated systems and the need for cloud and mobile solutions.Positive year-over-year growth is almost any businesses primary objective. In the commercial real estate or CRE area, there seems to be an accelerating disruption curve caused by “rapid changes in tenant dynamics, customer demographic shifts, and ever-increasing needs for better and faster data access”. This disruption influences how these companies work and affect their ability to achieve maximum and revenue.
1) Real Estate Investment Staying Strong in the United States
It’s a good time to be a real estate developer. The United States continues to be the most favored destination for real estate investments, according to the Association of Foreign Investors in Real Estate (AFIRE). In their annual survey, foreign investors placed the United States as the top destination to invest in real estate.
According to the AFIRE’s press release, 95% of respondents to the survey say they will maintain or increase their investment in the United States. Dallas—where HingePoint is headquartered—ranks 12th in the world for places to invest in real estate. Almost half of the top cities to invest in are within the United States.
2) Need to Keep Top Talent
With increased investment in the United States, real estate developers will need to keep top talent and get them up to speed faster when they hire new employees. Onboarding can be frustrating at a company that does not have a process in place or a one-stop shop for internal employees and contractors. They’ll need to onboard new talent more efficiently and give instant access to needed information so employees can do their job better and come up to speed faster.
Many developers and construction companies expected to grow are upgrading their internal SharePoint sites so employees can instantly access what they need to be more productively.
Deloitte seems to think that competition for talent is going to be fierce.
“A shortage of candidates with strong skills in science, technology, engineering, and math (STEM); rising urbanization; and Millennials’ preference for an open and flexible work culture are changing the employment marketplace and will result in significant competition for talent.”
3) Cloud and Mobile
Cloud computing is Internet-based computing, where you can access shared resources, data and information on-demand. This information is stored on a computer or server that you can access through the Internet. Accessing the cloud with a mobile device gives you access to your entire business on the go. You can communicate and share virtually any document with anyone anywhere.
4) Take Control of Data
Taking control of company information is one of the most difficult and one of the most critical tasks any company can take on. And believe it or not, SharePoint is still one of the top enterprise tools out there for collaboration, and sharing and organizing information.
Anyone can start using the cloud and mobile devices. Any company can stand up SharePoint and make it a company initiative for all employees to use it. But if the information is not organized and found easily, and you can’t maximize the out-of-the-box solutions or customize SharePoint to work the way you want it, your enterprise style tools probably won't be effective.
Bryce Finnerty, CEO and Founder of HingePoint, said more commercial real estate developers are completely changing their systems.
“Many developers are going straight to customization. They want their systems and software to work the way they want it,” he said.
5) Getting rid of the old, upgrading legacy systems
Many commercial real estate developers are still using systems created in the first decade of this century, and some are still just relying on 2D CAD, email and paper. With mobile, the cloud and Autodesk’s newer capabilities, commercial real estate developers are seeing that they can leapfrog in productivity.
Many developers will begin to completely overhaul their legacy systems and software. They will take an integrated approach, which means software will automatically share data and information with other software. For example, many developers want SalesForce and SharePoint to share information and data with each other. It streamlines effort of employees and makes collaboration better.
Manual data entry and redundant tasks will dramatically fall. More employees will have access to critical information they need to do their job effectively.
New technology allows Commercial Real Estate to build prototypes with photorealistic renderings and validate design selections. This helps developers sell properties with renovations first, gets approvals faster, and markets buildings faster for less upfront cost.
3D Virtual Prototypes speed up the design and construction phases on projects. Clients often gain 20% on their project timelines. Improved collaboration, decision-making, visualization, and clash detection are benefits proven to reduce costly change orders, delays, and rework.
7) New tech like 3D printing and augmented reality
Augmented and virtual reality are so new for commercial real estate, some headsets are still being tested. For example augmented reality headsets like DAQRI’s Smart Helmet could revolutionize how new developments are built and how construction companies troubleshoot problems.
They are also altering how real estate developers show off new properties. Instead of photorealistic prototypes on a computer screen, marketers can send headsets to prospects to let them literally walk around a multi-million dollar condominium or office. It makes data truly 3D.---