PROPTECH A TWO AND TEN YEAR PERSPECTIVE
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“WE ALWAYS OVERESTIMATE THE CHANGE THAT WILL OCCUR IN THE NEXT TWO YEARS….. …..AND UNDERESTIMATE THE CHANGE THAT WILL OCCUR IN THE NEXT TEN.” Bill Gates
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IF YOU THINK TRADITIONAL ESTATE AGENTS’ BUSINESS MODELS WILL REMAIN THE SAME OVER THE NEXT 10 YEARS YOU ARE WRONG.
IF YOU THINK “ONLINE” ESTATE AGENTS’ BUSINESS MODELS WILL REMAIN THE SAME OVER THE NEXT 10 YEARS YOU ARE ALSO WRONG.
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GLOBAL PROPTECH DEALS 2012 -2016 Additional Resources https://www.cbinsights.com/blog/category/industry/real-estate-tech-industry/ www.pilabs.co.uk
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#BuildTech #CreTech #ReConTech #ReTech
#ConTech
#CoReTech #PropTech
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PROPTECH; WHAT YOU NEED TO KNOW AND WHEN
Additional Resources http://www.jamesdearsley.co.uk/uk-property-technology-companies-ecosystem/
An infographic with over 200 PropTech companies mapped out for you to review.
Courtesy of Dan Hughes, Director of Data Products, RICS @propertydanh
COMPANIES THAT WILL INFLUENCE YOUR BUSINESS TODAY
www.staysafeapp.co.uk www.viewber.co.uk Outsourcing viewings
Looking after your staff
www.callwell.co.uk Complete lead control
www.getreposit.co.uk The alternative deposit
www.matterport.com www.eyespy360.com Leading the VR revolution
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BY 2030, OVER 90% OF THE UK POPULATION WILL BE LIVING IN A CITY World Resources Institute
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AS A RESULT OF THE SHARED ECONOMY AND AUTONOMOUS VEHICLES WE MAY LOSE 90% OF OUR CAR PARKING SPACES. Massachusetts Institute of Technology
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BLOCKCHAIN TECHNOLOGY AND ARTIFICIAL INTELLIGENCE ARE ‘THE SILENT UNICORNS’ OF PROP TECH
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ARTIFICIAL INTELLIGENCE IS NOT AS SENSATIONAL AS WE FEAR. CONSIDER: 1. MACHINE LEARNING 2. GENETIC ALGORITHMS 3. SPEECH PROCESSING 4. NLP 5. COMPUTER VISION
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‘SMART’ CITIES, ‘SMART HOMES AND ‘SMART’ PEOPLE WILL FUEL THE DRIVE FOR AN ARTIFICIAL INTERPRETATION OF DATA AND ACTIONABLE AND AUTOMATIC DECISION MAKING
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IF YOU LOADED ALL THE DATA CREATED IN ONE DAY ONTO 3.5 INCH FLOPPY DISCS AND STACKED THEM ON TOP OF EACH OTHER THEY WOULD REACH THE MOON……. ………15 TIMES OVER
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THE DEEPMIND SYSTEM CUT POWER USAGE IN THE GOOGLE DATA CENTERS BY SEVERAL PERCENTAGE POINTS SAVING $400MILLION OVER TEN YEARS
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A BLOCKCHAIN IS THE STRUCTURE OF DATA THAT REPRESENTS A FINANCIAL LEDGER ENTRY, OR A RECORD OF A TRANSACTION. EACH TRANSACTION IS DIGITALLY SIGNED TO ENSURE ITS AUTHENTICITY AND THAT NO ONE TAMPERS WITH IT
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30% OF ALL FALL THROUGHS OCCUR BECAUSE OF DELAYS IN CONVEYANCING. THE PROCESS COULD TAKE MINUTES RATHER THAN WEEKS Additional Resources http://www.ibtcrea.org/ www.chromaway.com http://www.jamesdearsley.co.uk/blockchain-real-estate/
“THE TECHNOLOGY COULD LOWER THE COST, IMPROVE THE SECURITY AND SPEED THE COMPLETION OF TRANSACTIONS BY ELIMINATING INTERMEDIARIES.” Lael Brainard, Federal Reserve Governor
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“BLOCKCHAIN TECHNOLOGY COULD ADD 3% TO THE GDP OF THE UNITED KINGDOM” The Bank of England
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TECHNOLOGY IS CHANGING OUR SECTOR; WORK AND EVOLVE WITH IT RATHER THAN AGAINST IT. EVOLUTION BREEDS OPPORTUNITY
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