Governance Versus Experimentation: Finding Balance in Your Tech Strategy

The commercial real estate (CRE) industry is fervently adopting AI, but a balanced technology strategy is the key to ensuring its success.

CRE companies are widely implementing AI solutions and other emerging technologies to bolster investment strategy and create valuable efficiencies in processes. But in this rapid adoption, commercial real estate companies must remember to balance governance and best practices with experimentation and innovation.

Finding that balance will ensure a successful technology program, according to Damu Bashyam, EVP and Chief Information and Innovation Officer at Berkadia. Bashyam was recently named a GlobeSt. tech influencer, and he's led the launch of Berkie, Berkadia's proprietary generative AI platform. Bashyam sat down with us for an episode of GlobeSt.com's podcast to talk about technology adoption, including:

- -How to turn IT into a strategic growth enabler

- - What commercial real estate companies should do to advance technology programs this year

- -Why creating a balanced technology strategy with best practices is crucial to a successful tech adoption