Talent, Chindia, CBD, Artificial Intelligence
Four terms describe an appropriate strategy for technology occupiers in Asia: talent, Chindia, CBD, artificial intelligence (AI). Acquiring talent is the greatest challenge facing the sector. Talent is concentrated near specific cities in key markets, notably China and India. These markets offer the highest growth potential, but more importantly exposure to China is vital to appreciating new developments in e-commerce, mobile internet and AI. To retain talent, technology groups need to move toward the CBD or CBD fringe; campus sites are unlikely to attract skilled staff for key future roles. AI threatens demand for space, but will support high-value human roles and fuel productivity. This will drive future growth and returns for technology companies.