The Cloud Is Saving Real Estate Companies Time And Money
Real estate companies are increasingly turning to cloud computing services to increase efficiency and make more money.
The cloud benefits companies by managing all sorts of data, from automating logistics to handling back-end functions like processing pictures, Bloomberg reports. Zillow uses Amazon Web Services to manage its listings, both online and offline, and Wiechert Realtors is in the process of moving to Microsoft’s cloud service.
More companies are shifting capabilities to the cloud, and a Cisco study conducted last May projected that 83% of all data center traffic will be based in the cloud in the next three years. This jump in cloud adoption is projected to continue to fuel demand for data centers. Last year the top three cloud infrastructure providers, Amazon.com, Microsoft Corp. and Alphabet Inc., spent a combined $31.5B on data centers, 22% more than what they spent in 2015.