Industry Insights

Industry Insights

Parks Associates SmartSpaces 2024

Adam Hepworth, President of Della, recently captivated an audience at the Parks Associates Smart Spaces 2024 conference with a comprehensive exploration of the value of smart technology in property management. His talk, centered on understanding solution value, Return on Investment (ROI), and Net Operating Income (NOI), provided a deep dive into how smart technologies not only streamline operations but also significantly enhance property valuations. By focusing on both short-term operational savings from automated systems like access control and long-term benefits such as increased resident retention and enhanced property value, Adam showcased how Della drives substantial improvements in ROI and NOI for property managers and owners.


Expanding on the strategies for maximizing ROI, Adam detailed how successful integration of technologies begins with adopting a unified, scalable platform like Della, which can consolidate building-wide systems and in-unit IoT devices. He highlighted best practices including starting with a cohesive platform, engaging stakeholders early, and implementing phased feature rollouts. Moreover, Adam emphasized the role of ongoing training and robust support from system providers like Della in maximizing the technology's benefits. He also addressed the critical role of system integrators in the smart building industry, noting how Della supports these professionals with tools and remote customer support to ensure efficient service delivery and reduced operational disruptions.


In his presentation, Adam also introduced Mission Control, Della’s digital twin property deployment tool, which allows integrators to customize and manage properties efficiently. This tool exemplifies Della’s commitment to future-proofing property investments, allowing for seamless integration of emerging technologies and maintaining competitiveness in the market. Adam's insights into how Della simplifies operations, reduces maintenance costs, and improves resident retention illuminated the panel discussion, reinforcing the strong ROI and positive impact on NOI that smart building management platforms can offer. His engagement at the conference highlighted Della's innovative approach to property management, sparking a wave of interest among attendees eager to transform their properties into smart spaces with Della.


Adam Hepworth’s discussion at the Parks Associates Smart Spaces 2024 not only showcased Della's capabilities but also painted a vivid picture of the evolving landscape of property management technology. His ability to blend detailed technical insights with strategic business advantages underscored Della's leadership in the industry and set the stage for ongoing innovations in smart property management.

Sep 29, 2024