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Swiss PropTech Landscape and companies in the sectors
PropTechcompanies in real estate, construction and finance sectors. The PropTech innovationevaluationprocesswasdevelopedinSwitzerlandandisthefirstprocessofits kind in the world. It was used in the creation of the International PropTech Standards. Themethodologysymbolizes innovation and invention. PropTechAcademy developed a new method to evaluate companiesaccording to innovation degreein many categories andwithmorethan100criteriainrealestate,constructionandfinancesectors.
Insurance companies plays an important role as investor in Swiss PropTech market. Mobiliar insurancecompany, which based in Bern, acquired PropTech startups Buildigo and Flatfox to build own ecosystem. Through PropTech network Mobiliar opens new channels for the insurance services and products. Helvetia insurance companyhas sharesby MoneyPark,PriceHubble andreadydata. Baloise andUBShasshares byHouzy. Swiss Life insurance company hasshares by Archilyse. Thebanks or individualinvestors stay still distanced. The most of investors has not experience aboutthe new market: PropTech. PropTechis not only ICT sector, or notonly real estate or construction sector. PropTechis new common market, which contains all four sectors (real estate, construction,finance and ICT). That’s why we shouldhave to know rethink aboutthe digitization or digital transformation. PropTech academy built the first property technology researchcenter and analysis the sectors, companies business models, services and products regularly. It publishes studies, reports and books aboutthe international PropTech market. However theacademy offers investment analysis to the investors. The researchcenter will havean important role and build a bridge between scienceandbusiness.
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Thefuture of Swiss PropTech market; we are not expecting anySwiss unicorn innext 10 years.However,theSwissPropTechmarketislimitedandtoosmallfortheunicorns.The most of Startups will be integrated into theestablished investment companies or they must have to build jointventures. Matchmaking solutions will playing an important role in nearfuture. The classical property listing platforms will losemore market shares. Some of them will be acquired or build jointventure withcompetitors to stay alive. Real estate andconstructiongiantswill collaboratewiththetechsectortobuild industry best practices. Allclassical real estate and construction companies will have to use PropTech solutions, such a immersive reality, data analytics, sustainable products, automated valuation models, workflow management tools, cloud-based solutions, building information and simulation models etc. PropTechcompanies,which produce software and tools, will createflexible solutions to build 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 cooperations and partnerships willbekeyfeaturesofsuccessandgrowing.
PropTechAcademy and PropTech Switzerland Associations are keeping the leading role asregulator, educator and initiator andthey are building the bridges between market playersandinstitutions.