As we see changes in demographics, urbanisation and economic structures, we then see new business models, innovation, creativity and technological advances. Technical revolutions have been adapted to businesses creating a demand for data analytics as the change in pace accelerates.
Houzen released a paper with RICS on deep tech last year. Houzen, a residential lettings and management platform, was asked by RICS to look at the impact property technology may have in the residential property sector, and the lessons the residential real estate industry can learn from it. The paper aims to explain what PropTech means for the residential sector, providing insights from other industries and making recommendations on how technological solutions may be applied within residential firms.
The full report can be viewed here: Tech_Revolution_INSIGHT_PAPER