2 minute read

Swiss PropTech Landscape and companies in the sectors

PropTech companies in the real estate, construction and finance sectors. The PropTech innovationevaluationprocesswasdevelopedinSwitzerlandandisthefirstprocessofits kind in the world. It was used in the creation of the International PropTech Standards. The methodologysymbolizes innovation and invention. PropTechAcademy developed a new method to evaluate companies according to innovation degree in many categories andwithmorethan100criteriainrealestate,constructionandfinancesectors.

Insurance companies play an important role as investors in the Swiss PropTech market. Mobiliar insurance company, which is based in Bern, acquired PropTech startups Buildigo and Flatfox to build its own ecosystem. Through PropTech network, Mobiliar opens new channels for the insurance services and products. Helvetia insurance company has shares by MoneyPark, PriceHubble and readydata. Houzy has shares by Houzy. The Swiss Life insurance company has shares by Archilyse. The banks or individualinvestorsstaystilldistanced.Themostoftheinvestorsdonothaveexperience in the new market: PropTech. PropTech is not only the ICT sector or not only the real estate or constructionsector.PropTechisanew common marketwhichcontains allfour sectors (real estate, construction, finance and ICT). That’s why we should have to have a rethink about the digitization or digital transformation. PropTech academy built the first property technology research center and analyzed the sectors, companies, business models, services and products regularly. It publishes studies, reports and books about the international PropTech market. However, the academy offers investment analysis to the investors. The research center will have an important role and build a bridge betweenscienceandbusiness.

Advertisement

The future of the Swiss PropTech market; we are not expecting any Swiss unicorn in the next 10 years. However, the Swiss PropTech market is limited and too small for the unicorns. The most of the startups will be integrated into the established investment companies, or they must build joint ventures. Matchmaking solutions will play an important role in the near future. The classical property listing platforms will lose more marketshares.Someofthemwillbeacquiredorbuildjointventureswithcompetitorsto stay alive. Real estate and construction giants will collaborate with the tech sector to build industry best practices. All classical real estate and construction companies will have touse PropTechsolutions, suchas an immersivereality,dataanalytics, sustainable products, automated valuation models, workflow management tools, cloud-based solutions, building information and simulation models etc. PropTech companies, which produce software and tools, will create flexible solutions to build an API (application programming interface) ecosystem. The PropTech companies should have to change their mindsets and start to create all in one solution for the lifecycle of building. The cooperationsandpartnershipswillbekeyfeaturesofsuccessandgrowing.

PropTech Academy and PropTech Switzerland Associations are keeping the leading role as regulator, educator and initiator, and they are building the bridges between market playersandinstitutions.

This article is from: