Technology driving the future of mall management

Anthony DylanBY ANTHONY DYLAN

 

THE internet and its unlimited software development, applications and  cloud storage technology have  provided new options to improve the  efficiency and effectiveness of shopping mall management.

Today, the basic departments which make up an organisation chart of a shopping mall include  the finance, administration, IT (information technology), legal, human resource, maintenance, leasing and  marketing, car park, security and safety.

In  some   shopping  malls,  certain departments are named  differently or may be subsumed into another department or sub-department.

Older management infrastructure relied  on the physical  attributes of the shopping mall and personnel or people who manage  it.

Evolving with technology

Face-to-face communications and negotiations evolved  into telephone calls, faxes and social  meetings. Now, all one needs  is an Internet connection and a smart device.

With the internet here to stay, many property managers and  owners  have adopted them in various degrees.

Modern software refers to the people and  artificial  intelligence of communication technology.  Shopping mall managers must not only adapt and adopt the new normal of software applications but embrace them wholeheartedly.

Hence,  connectivity and  communications play  a huge  part to  make shopping mall  management more efficient and effective.

Cloud-based software helps  eliminate the need  for excessive  hardware and improves  the risk factor related  to data loss. Storage in the  digital space provides possible  differing levels of security encryption for those who wish to vary access.

In  finance,  administration and human resources, the  use  of relevant software contributes to more efficient management. It’s the same for procure• ment, which can now be done remotely with encryption and e-bidding.

Leasing software is also available and utilises the cloud environment to better manage activities such  as  accessing historical  data, space details and rental budgets with just a few clicks on a smart device.

This helps the leasing team as deals can then  be done  anytime,  depending on discretionary limits.

The team is also freed from lugging around paperwork and various  forms, brochures and physical documentation, thus reducing the risk of loss and damage.

Software companies like Yardi Systems Inc, MRI Sortware LLC and IFCA Consulting Group are being  used  by progressive shopping mall  managers for such purposes.

Marketing a shopping mall involves two-way connection between the shopping mall manager and the mall’s customers and guests.

Monitoring software

Social media has become  an important tool, so any previous disconnection with customers and guests cannot be excused today.

Shopping  mall patrons are technology-savvy in varying degrees. Having electronic information boards  or standalone iPad  or touch screen  station have become  the norm.

The creation  of apps to further  connect with customers and guests – from parking to entering, shopping and exiting the mall are expected in future.

Maintenance teams  can also utilise the  Internet of Things (IoT) to better manage all their outsourced contracts and preventive maintenance schedules.

(IoT is the network of physical objects – devices, vehicles, buildings  and other items embedded with electronics,  software, sensors and network connectivity that enables these objects to collect and exchange data.)

Software and automation can help calibrate  desired  outcomes. Combined with skilled  managers,  this   would improve the return on asset investment.

Car park management also changes with software and  technology. Apps are being  tested for automated traffic guidance to vacant parking bays.

This is an improvement from just the visual directions provided  by the green and red lights we see in many shopping malls.

Trials  are also  being made  for car park bay reservations. In overseas  car parks, even robots are employed to park vehicles,  besides utilising automated multi-level car parks.

Licence plate recognition technology is also being tested and likely to be used not only for security and safety, but also for car park management.

The use of auto  pay machines will become obsolete as shopping malls use of alternative payment methods via direct debits or credit.

A cash-less option is imminent. This is compounded by the  fact that  most tolled roads will accept payment via only the Touch ‘n Go card or SmartTag.

Many car parks  in shopping malls also have the ticketing and Touch ‘n Go options, and will readily  speed up the complete conversion to a full Touch ‘n Go system.

Security  and  safety have also been improved with  the  IoT as monitoring systems and recordings are done with cloud technology which has   vastly improved its data safety.

Pedestrian counting systems  have evolved  into the  use of camera-based systems. Again, data  are stored in the cloud with customised user restrictions for retrieval.

Experian  is  a company that has installed footfall systems in many shopping malls in the country and Singapore.

Shared services would  be the  new normal of management where contracts and the ability to connect tenants and customers with  their needs improves efficiency and effectiveness.

Obstacle to adoption

The biggest hurdle for most shopping mall managers is the decision  to invest in technology.

Shopping mall owners and managers must be mindful that  technology, like time, waits for no one.

They must embrace the notion  that technology will become the  lifeblood along with the sinews of key and skilled personnel,  to  create the  connected delivery of needs through  the Internet.

By pairing correct software with people who  use it,  shopping malls can  harness the  huge   impact  made on the  efficiency and  effectiveness of management.

The time  to start is now. What was accepted previously is becoming obsolete. This is the dawn of the new normal oftechnology.


Anthony Dylan is the Assistant Treasurer of The Malaysian Shopping Malls Association