OpenTech Releases Free 2024 Self Storage Data Report

Posted by Modern Storage Media on Apr 17, 2024 7:25:23 PM

OpenTech Alliance has announced the release of its latest annual data white paper. The free 2024 Self Storage Data White Paper, available on the company's website now, looks at the evolution of self storage tenant behavior, ranging from rental and payment patterns to duration of occupancy and frequency of interactions. The insights have been collected from OpenTech's analysis of 820,000+ customer transactions and property utilization data extracted from the INSOMNIAC^® network of self storage technology solutions.

According to an OpenTech press release, the data in the White Paper "Draws from data collected throughout 2023 and offers comparative analyses spanning up to five years of tenant trends... It equips operators with actionable insights to help drive operational efficiencies and competitive advantages at their facilities."

Here's what some industry experts are saying about the OpenTech 2024 Self Storage Data White Paper:

"If ever there was a time when operators are looking to automation to save money and increase profits, it is now. This is what OpenTech shows us in the dynamic results of its 2024 White Paper. OpenTech is supplying us with all the data needed to make decisions now that will add dramatically to our bottom line.”

M. Anne Ballard, President at Universal Storage Group:

"Visionary leader [Robert Chiti] and his team have assembled a best-in-class collection of technologies that have helped lead the self storage industry into our new future. The annual white paper is part of that ongoing commitment to our industry that Robert continues to provide all of us. Take a few minutes to really consider the operating results highlighted throughout this publication and take advantage of the available case studies from entrepreneurs, just like you, in their implementation of the various OpenTech Alliance technologies.”

Jim Chiswell, Managing Partner at Chiswell & Associates, LLC

“OpenTech continues to create, innovate, and adapt to the changes in our Industry. Robert and his team continue to ensure the success of thousands of properties, along every step of the customer’s self storage journey. This white paper is a must read.”