Award Winning CRE Technology Firm Well-Positioned to Manage Evolving IT Demands Surrounding Remote and Hybrid Infrastructure and Workforce
ATLANTA--(BUSINESS WIRE)--5Q Partners, a technology solutions company focused on the commercial real estate industry, enters Q4 2020 with an expanded customer base to continue its award-winning growth into 2021. The firm has been recognized by two publications as one of the fastest growing private companies both in Atlanta and America. For the third consecutive year, 5Q Partners was named to the Inc. 5000 list and also received a 2020 Pacesetter Award from the Atlanta Business Chronicle.
“It’s an honor to be recognized for our company’s growth on both the national and local level,” said Wade Hughes, CEO of 5Q Partners. “It’s a testament to our amazing clients, dedicated and hardworking team and our adaptability and flexibility in challenging times. Recently, more than ever, this combination has allowed us to weather the storm, and now begin to grow again. We’ve been blessed with five new clients in the past 45 days.”
Increased Need in CRE for IT Cost Containment and Cyber Security
As its client base, comprised of many of the top commercial real estate building operators and owners in the country, shifted to remote work in Q2 and Q3, 5Q Partners began seeing increased scrutiny regarding fixed IT costs, combined with an added emphasis on cyber security. 5Q Cyber, the cyber security subsidiary of 5Q Partners, provides full spectrum cyber security management services for the commercial real estate sector. Don Goldstein, CEO at 5Q Cyber, notes how shifting market dynamics have placed an increased emphasis on cyber needs.
“The 5Q Cyber model is based on being flexible with our clients’ changes in portfolio and service models,” shared Goldstein. “As a result of the pandemic’s impact on current occupancy, our clients want to ensure that their properties are safe and secure ahead of the tenants returning to their workspace. In addition, we’re seeing an increase in short-term commercial leases, as opposed to the typical multi-year leases, so we have pivoted our offerings to fit those needs. For instance, we’re implementing secure connectivity suite-by-suite, rather than an entire building, for some clients. It’s all about working together to find the right solution in today’s market.”
Being able to adapt IT solutions in ever-changing market dynamics and working environments will continue to ground 5Q’s strategy moving into 2021. As companies examine their fixed costs, particularly in today’s market, IT often can be a target. 5Q Partners and 5Q Cyber, built for the CRE world, are positioned to flex up and down based on client needs and budgets.
“Our business is structured for efficiency, and we’ve equipped ourselves to offer variable use IT support, especially at the property level,” added Hughes. “IOT and OT technologies are changing the game at the asset level, which requires increased focus on technology auditability, control and efficiency. We’ve geared 5Q to keep up with these technologies and can customize support to our clients’ and their vendors’ needs.”
About 5Q Partners
5Q is the authority for technology management in all sectors of commercial real estate. 5Q Partners provides the full spectrum of IT solutions including leadership services, managed services, technology infrastructure projects, PropTech as a Service and business applications projects, as well as cyber security strategy and remediation through its subsidiary, 5Q Cyber. Headquartered in Atlanta, with 5Q Cyber based in Dallas and additional offices in Washington, D.C., and Minneapolis, 5Q Partners helps clients maximize technology efficiency, security and compliance. Learn more at 5qpartners.com and 5qcyber.com.
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