rSquared Launches With Eye on CRE Cloud

Sal Caldarone

CHICAGO, IL—Software-as-a-Service provider rSquared CRE recently announced its official launch. The company will focus on developing cloud software solutions that fill the unmet demands within the CRE space.

According to Sal Caldarone, CEO of rSquared, some of the unmet demands in the CRE industry include the need for greater data transparency, outdated technology solutions, and reliably accurate data.

Greater Data Transparency

“There’s currently a degree of secretiveness around data in the industry, as well as a lack of data sharing in general. There’s also a lot of uncertainty surrounding data—legitimate questions about the source and accuracy,” Calderone tells GlobeSt.com. “In many cases, the formulas used to generate numbers are obscured, making it difficult to know how the figures are derived.”