Posts

, ,

Episode 6: Jennifer Conway on AI & How it Affects Real Estate

In this episode, Jennifer Conway of the MIT Investment Management Company helps the Real Estate Tech Guys get a handle on how artificial intelligence (AI) and machine learning are impacting commercial real estate.

What does AI mean to a corporate real estate executive and what are some of the big lessons Jennifer has learned in working with the MIT portfolio? AI and machine learning are two different things. AI can be defined as anything that requires human intelligence to do. Machine learning just does not happen without a lot of good, clean, structured data.

Still, even with the data, there is a lack of acceptance of new technologies since real estate owners still struggle with being able to trust computers with no human verification behind the data. Companies like CrowdComfort bring in a human element and helps set a clear picture of demand.

Jennifer sees the potential for a huge explosion with AI & Machine Learning, but there are a few things she sees that may be obstacles to this advancement. Watch the video for more insight from real estate tech guru Jennifer Conway.

 

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

, ,

Episode 4: A Conversation with Nick Rancis on the Fraunhofer Institute

In this episode, The Real Estate Tech Guys sit down with Nick Rancis to learn about the Fraunhofer Institute in Boston. Nick works for Tech Bridge, a program at Fraunhofer which helps startups de-risk, validate, demonstrate and pilot technologies in a real-world setting. Getting from the inception stage to implementation is very challenging for any new technology. Tech Bridge helps startups integrate best practices for both customers and investors.

Nick also tells the Tech Guys what technologies he’s looking at as game changers in the corporate real estate space.

He shares his insights about the future of the market. Will bigger companies control it or will startups reshape the space entirely? He gives more detail on how he thinks companies can take advantage of all of the new ways to store energy.

For more information about the Fraunhofer Institute, visit their site. Meanwhile, watch the video to hear more about how they are spearheading technology research and solar power data from the insider himself – Nick Rancis, a Real Estate Tech Guru.

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/

, ,

Episode 3: Michael Beckerman on Self-Driving Cars and Other CRE Hot Buttons

In this episode, the Real Estate Tech Guys talk to Michael Beckerman, the CEO of CRETech, about AI and commercial real estate technology. First, we look at WeWork and how they have driven co-working innovation. We also chat about whether or not this will continue to expand, particularly because of all of the technology these co-working spaces offer to different types of companies and tenants.

Another big, game changing technology is self-driving cars, the “meteor that the commercial real estate doesn’t see coming.” This will impact the way buildings are built and will impact the way we experience real estate —with changing how we go to work and more. We’ll dive into these concepts in more depth with Michael.

The amount of growth that is happening in CRE tech is nothing short of incredible. There is extraordinary momentum even though CRE is typically the last industry to adopt technology. But this slow timeframe of adoption of technology is not because the commercial real estate industry is behind the times, but because it is difficult to determine which technologies are worth the time money.

The CRE business is highly successful and there hasn’t been a mandate needed for this new tech until now because landlords and brokers are looking for technology that attract tenants, retain tenants and keep them satisfied. The tenants are primarily looking for these technology solutions which is why there is a new need for this technology. The ecosystem is manifesting from both landlords seeking more efficient buildings and tenants looking for this high-end technology to make their business run more smoothly.

Check out our videos at:
http://crowdcomfort.com/real-estate-tech-guys/

, ,

Episode 2: Michael Beckerman on AI and CRE Tech

In our latest episode, the Real Estate Tech Guys sit down with Michael Beckerman, CEO of CRETech to discuss AI, WeWork, self-driving cars, and how these things can impact commercial real estate.

Everything is accelerating in commercial real estate technology. There has never been so much progress, traction and investment in technology for commercial real estate than in today’s world. There are plenty of great products and solutions that are making tenants’, landlords’ and corporations’ lives better.

The biggest trend that Michael sees is within buildings. WeWork is creating an experience for people in the workplace and AI and self-driving vehicles are coming into play as well. He believes WeWork is a true game changer; that AI is transforming commercial real estate; and that voice will be the next great platform.

“Voice is going to be a pivotal thing with how people communicate maintenance requests, conference rooms, and how they communicate property management issues,” says Michael. Even in everyday life, for example, if you talk about something, an ad will likely pop up the next day relating to what you were talking about. It’s tailored to your needs.

We also look at how CrowdComfort is gathering occupant data that hasn’t being gathered in meaningful ways before, and how this helps property owners and landlords better understand their tenants and what their tenants need.

Take a deep dive into what the future of commercial real estate will look like with AI, WeWork, and self-driving cars with input from Michael Beckerman.

Check out our videos at:

http://crowdcomfort.com/real-estate-tech-guys/