Industry Software Archives - Tech Research Online Wed, 25 Sep 2024 16:25:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://techresearchonline.com/wp-content/uploads/2024/05/favicon.webp Industry Software Archives - Tech Research Online 32 32 Understanding the rise of China’s OEMs: Key players, global ties, and future potential https://techresearchonline.com/jato/understanding-the-rise-of-chinas-oems-key-players-global-ties-and-future-potential/ Fri, 20 Sep 2024 13:47:40 +0000 https://techresearchonline.com/?p=10314 In the space of just five years, China’s OEMs have been able to close the gap on legacy OEMs in the West, matching sales volumes and in many cases outperforming them in terms of quality, performance, and innovation.

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Understanding the
rise of China's OEMs: Key players,
global ties, and future potential

In this new report, automotive industry analyst, Felipe Munoz, analyses the rapidly evolving landscape within China, alongside an overview of the main players emerging from China’s burgeoning automotive industry.

Learn about the key players, global ties, and future potential of Chinese car brands, and access the latest market data and intelligence.

Understanding the rise of China's OEMs: Key players, global ties, and future potential

Get market intelligence and insights into China’s OEMs

In the space of just five years, China’s OEMs have been able to close the gap on legacy OEMs in the West, matching sales volumes and in many cases outperforming them in terms of quality, performance, and innovation.

To find out what’s driving automakers’ progress in China, this report explores key trends and market intelligence, including:

  • Top performing Chinese carmakers and their market positioning
  • Automotive competition in China and how it’s driving technological advancements
  • Chinese brands’ global ambitions and exports
  • Insights from 2024’s Beijing motor show

Find out more by downloading our report, “Understanding the rise of China’s OEMs: Key players, global ties, and future potential.”

Download the report

Download the report

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About JATO

JATO Dynamics is the world’s leading supplier of automotive business intelligence. Working across more than 50 countries, we deliver accurate analysis and trustworthy insights to support the industry.

Our specialist research solutions are designed to enable automotive businesses to thrive. Whether you need to compare vehicle specifications, optimise your digital marketplace offering, or identify regional trends, our range of customisable tools and reporting solutions can help.

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The Rise of Education Software: How AI is Personalizing Learning Experiences https://techresearchonline.com/blog/rise-of-ai-in-education-software/ Wed, 18 Sep 2024 17:47:47 +0000 https://techresearchonline.com/?post_type=blog&p=10248 Introduction Before the rise of education software, the most effective teaching method was ‘teach to the middle.’ This method was developed to balance teaching since students in a classroom are expected to have varying skill levels and learning abilities. Although it helped to some extent, it did not help students achieve their maximum potential. With […]

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Introduction

Before the rise of education software, the most effective teaching method was ‘teach to the middle.’ This method was developed to balance teaching since students in a classroom are expected to have varying skill levels and learning abilities.

Although it helped to some extent, it did not help students achieve their maximum potential. With the rise of Education software, Students can now sit in the same classroom with the same teacher and learn at their own pace.

Today, Education software like Dreambox uses machine learning to gain insights into individual students’ strengths, needs, and preferences. These tools, like robots are changing the EDTech industry, resulting in improved academic performance and heightened student engagement.

4 Ways AI is Personalizing Learning Experiences

1. Adaptive Learning

The traditional curricula that we’ve been used to are static. However, with adaptive learning, the curricula become dynamic, evolving with each learner’s capabilities and understanding.

AI-powered adaptive learning tools analyze information about each student’s struggles and strengths to adjust the pace of delivery and course content accordingly. This approach results in better retention and improved overall learning outcomes.

adaptive learning

The role of AI in achieving adaptive learning isn’t just customizing course content; it ensures active engagement with the course content. A popular example of a software that has successfully integrated adaptive learning is DreamBox Math. This K-8 online educational software is built to create immersive and interactive maths lessons that make learning fun.

With DreamBox Math, you will get valuable adaptive learning solutions proven by several third-party organizations to accelerate student math growth and achievement.

2. Support for Special Education

Another way AI is improving learning experiences is through education softwares that provides support for special education.

Some students have distinct learning needs in the classroom due to physical, mental, emotional, or behavioral conditions. The traditional class setting doesn’t often help them, but AI can help address their challenges.

For instance, we now have AI-powered speech recognition software like PODD Communication Books, which teachers can use to help students who cannot communicate effectively.

special education

PODD is a symbol-based communication system developed for non-verbal individuals. The student can select images, words, or short phrases from the books to instantly generate sentences on a tablet or device to express themselves.

Similarly, AI-powered predictive text tools, like Co: Writer, help dyslexic students with their writing. They suggest likely words based on what the student has typed so far, reducing spelling challenges.

These AI tools are not only making education accessible to students with special needs but also ensuring that they can participate as much as every other student in the class during the learning process.

3. Intelligent Tutoring Systems

Another achievement of AI in personalizing learning experiences is through Intelligent tutoring systems.

It is expected that a student will experience difficulty with a topic that others are already good at. Intelligent tutoring systems can help the student without slowing down the learning process of other students. This tool serves as a private tutor for the student.

Intelligent tutoring systems have engaging features like gamification that make the learning process interactive. In fact, with these tools, students can virtually talk to the AI tutor, providing them with one-on-one guidance. Since these tools are available 24×7, i.e., even after class, students can get the help they require whenever needed.

One of the common intelligent tutoring tools in America is Khanmigo, developed by Khan Academy. It serves as a virtual tutor and debate partner for students and can be used by teachers to create lesson plans for individual students.

intelligent tutoring system

According to Forbes research, 97% of students favor having an intelligent tutoring system, and only a few expressed disagreement. Thanks to Microsoft making Khanmigo free for teachers, every school can integrate intelligent tutoring systems into their learning process.

4. Personalized Evaluation and Assessment

After learning, there has to be an assessment. AI is not only used to learn in a fun way, it is also used to conduct periodic evaluations of the knowledge acquired during the learning process.

With AI, teachers can develop assessments specific to each student’s optimal challenge level and give feedback to each student—a process that used to require many teaching hours.

One common educational software for personalized evaluation and assessment is Class Companion. With Class Companion, the teacher can develop personalized lessons, worksheets, and assignments. It also allows teachers to choose the assignment format, whether multiple-choice, short-answer, or math/coding problems.

When students submit practice work via the Class Companion app or browser, they immediately receive feedback on their answers, with detailed explanations for why responses are right or wrong. They can resubmit answers to practice challenging problems.

With AI, evaluation, and assessment are transformed from a tedious and non-interactive process into a seamless and interactive one, helping students achieve their maximum potential.

Wrapping Up: The Future of AI-Powered Personalized Learning

The future of education is promising as AI continues to personalize learning experiences. However, we must understand that embracing AI doesn’t mean replacing teachers. Nothing can replace high-quality human-to-human interaction. AI will evaluate that interaction and use it to improve the quality of education delivered by teachers.

In fact, one key area that needs serious attention is the training of educators on how to use AI tools like education softwares to improve traditional teaching practices.

This further proves that the importance of artificial intelligence in education is needed to provide interactive learning experiences to students in the classroom. This can be done by using AI-generated robots to transfer data that can be personalized to each student’s needs and queries. Perhaps we will have an AI-powered tutoring system that considers students’ interests, abilities, socio-emotional state, and long-term goals to create personalized curricula.

We can also look forward to a world where education is modified for students all over the world, regardless of geographical or socioeconomic barriers, to have access to high-quality learning resources. This means a student in a third-world country can have the same quality of education as a student in a first-world country. This isn’t a distant reality; it’s the direction we’re heading.

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Speed Automotive Software Development with arm64 & Microsoft SDV Toolchain https://techresearchonline.com/equinix/speed-automotive-software-development-with-arm64-microsoft-sdv-toolchain-op/ Wed, 11 Sep 2024 13:17:44 +0000 https://techresearchonline.com/?p=10254 Is your software development team struggling to keep up with the rapid pace of automotive innovation? Are you looking for ways to accelerate software delivery, improve quality, and reduce costs? In this webinar, industry experts will explore how Arm-native development, and the Microsoft SDV Toolchain can help you achieve these goals.

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Equinix
microsoft
Ampere

Speed Automotive Software Development with arm64 & Microsoft SDV Toolchain

Theresa-Nguyen

Theresa Nguyen

Equinix Business Development Director
Platform Alliances | Microsoft

Filipe Prezado

Filipe Prezado

Microsoft Principal Program Manager
Microsoft SDV & Mobility

Joe-Speed

Joe Speed

Ampere Head of Edge
Vehicles, Robots, IoT, 5G, and Space

Hosted by – Tech Research Online

Mark your spot

Mark your spot

[contact-form-7]

Is your software development team ready to keep pace with the rapidly evolving automotive industry?  In today’s fast-changing landscape, Equinix leads the way with innovative Arm64-native development, powered by Ampere, and the Microsoft SDV Toolchain, enabling a revolution in automotive software delivery. We’re excited to invite you to our upcoming webinar, “Accelerate Automotive Software Delivery with Ampere, Equinix, and Microsoft SDV.”  where you’ll learn how to:

  • Explore the latest in Software Defined Vehicles and the Arm-native ecosystem.
  • Use Arm-native tools and the Microsoft SDV Toolchain for faster, higher-quality software.
  • Optimize with cloud-native infrastructure and global deployment.
  • Achieve faster, more accurate testing and binary compatibility with ECUs.
  • Understand how Generative AI and virtual ECUs impact SDV development.

Date : October 17th, 2024

Time : 10 AM PST

About Equinix

Equinix is the world’s digital infrastructure company. We interconnect industry-leading organizations such as finance, manufacturing, retail, transportation, government, healthcare and education across a digital-first world. Business leaders harness our trusted global platform to bring together and interconnect the foundational infrastructure that powers their success—sustainably and securely. 

About Equinix 

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Speed Automotive Software Development with arm64 & Microsoft SDV Toolchain https://techresearchonline.com/equinix/speed-automotive-software-development-with-arm64-microsoft-sdv-toolchain/ Fri, 06 Sep 2024 17:29:45 +0000 https://techresearchonline.com/?p=10125 Is your software development team struggling to keep up with the rapid pace of automotive innovation? Are you looking for ways to accelerate software delivery, improve quality, and reduce costs? In this webinar, industry experts will explore how Arm-native development, and the Microsoft SDV Toolchain can help you achieve these goals.

The post Speed Automotive Software Development with arm64 & Microsoft SDV Toolchain appeared first on Tech Research Online.

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Equinix
microsoft
Ampere

Speed Automotive Software Development with arm64 & Microsoft SDV Toolchain

Theresa-Nguyen

Theresa Nguyen

Equinix Business Development Director
Platform Alliances | Microsoft

Filipe Prezado

Filipe Prezado

Microsoft Principal Program Manager
Microsoft SDV & Mobility

Joe-Speed

Joe Speed

Ampere Head of Edge
Vehicles, Robots, IoT, 5G, and Space

Hosted by – Tech Research Online

Mark your spot

Mark your spot

[contact-form-7]

Is your software development team ready to keep pace with the rapidly evolving automotive industry? In today’s fast-changing landscape, Equinix leads the way with innovative Arm64-native development, powered by Ampere, and the Microsoft SDV Toolchain, enabling a revolution in automotive software delivery. We’re excited to invite you to our upcoming webinar, “Accelerate Automotive Software Delivery with Ampere, Equinix, and Microsoft SDV.” where you’ll learn how to:

  • Explore the latest in Software Defined Vehicles and the Arm-native ecosystem.
  • Use Arm-native tools and the Microsoft SDV Toolchain for faster, higher-quality software.
  • Optimize with cloud-native infrastructure and global deployment.
  • Achieve faster, more accurate testing and binary compatibility with ECUs.
  • Understand how Generative AI and virtual ECUs impact SDV development.

Date : October 17th, 2024

Time : 10 AM PST

About Equinix

Equinix is the world’s digital infrastructure company. We interconnect industry-leading organizations such as finance, manufacturing, retail, transportation, government, healthcare and education across a digital-first world. Business leaders harness our trusted global platform to bring together and interconnect the foundational infrastructure that powers their success—sustainably and securely. 

About Equinix 

The post Speed Automotive Software Development with arm64 & Microsoft SDV Toolchain appeared first on Tech Research Online.

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Top 7 Real Estate Trends You Need to Know in 2024 https://techresearchonline.com/blog/real-estate-trends/ Tue, 27 Aug 2024 12:55:06 +0000 https://techresearchonline.com/?post_type=blog&p=9885 Introduction As the demand for homes continues to surge, emerging real estate trends are shaping the industry like never before. Over the years, the real estate market has evolved from the old traditional ways, particularly due to the adoption of AI and PropTech tools. This has led to the industry being anything but predictable with […]

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Introduction

As the demand for homes continues to surge, emerging real estate trends are shaping the industry like never before.

Over the years, the real estate market has evolved from the old traditional ways, particularly due to the adoption of AI and PropTech tools. This has led to the industry being anything but predictable with the latest technology trends in 2024.

However, many agents are still caught up with outdated strategies and have fallen behind competitors who are quick to adapt.

For this reason, our experts identified the top 7 real estate trends you should know, which, according to them, will significantly influence the real estate market in 2024.

Here are the most popular ones:

1. PropTech Advancement

PropTech is one of the most popular real estate trends in 2024, changing the way we buy, sell, and manage real estate properties and transactions.

Real estate agents now use immersive technologies like VR and AR to provide virtual property tours that give buyers a realistic sense of space and design aesthetics.

In addition, 3D modeling and drone technology is now widely used to also give buyers a detailed and aerial view of properties that were out of reach.

Blockchain is also another PropTech tool that guarantees secure and automated property transactions with the introduction of smart contracts. The process is immutable and transparent, allowing buyers to verify the authenticity of properties without intermediaries.

Beyond that, online property platforms like Zillow and Trulia have simplified the buying and selling process to make it easier for people to find and purchase their dream property with just a few clicks.

2. AI in Real Estate

Another real estate trend is the use of artificial intelligence to break down complex information and data. AI is now the first point of contact for potential buyers making inquiries via chatbots and assistants like ChatGPT.

To implement AI in your real estate business, start by evaluating your current processes to identify where AI can make a significant impact. You can also use AI to analyze complex documents, get accurate property valuations and smart property management.

With the rising roles of AI in real estate, agents can offer personalized experiences and make data-driven decisions that enhance the overall efficiency of the industry.

3. Demand for Sustainable and Green Building Technology

Green building technology is transforming the demand for sustainable homes and has influenced the way we plan, build, and maintain properties. It’s all about saving energy, picking the right materials, and growing trees to keep the air nice and fresh.

As environmental sustainability becomes a priority, eco-friendly homes are in demand in the real estate market. They are now a key selling point in today’s market, as modern buyers prefer houses with energy-efficient appliances, eco-friendly insulation, and solar panels.

green building technology

According to NAR’s survey report, over 25% of home buyers are willing to pay for these features. The demand for sustainable homes is more than just a trend; it reflects our commitment to protecting the environment.

4. Rise of Remote Work and Suburban Living

The COVID-19 lockdown caused a major shift in the corporate world, as people were forced to work remotely. This new way of work has reduced the need to stay close to urban workplaces. It has turned the property market mechanism upside down with a significant increase in suburban and rural areas.

Now that the market demand has changed, real estate agents need to prioritize space, affordability, and quality of life over proximity to city centers. As a result, suburban living is on the rise, with more people seeking homes that offer larger living areas, home offices, and outdoor spaces.

This trend is transforming the real estate market, driving demand in areas that were previously overlooked.

5. Integration of Smart Homes

Smart building technology is one technological advancement that has minimized staffing costs and human error possibilities. It has also changed the way people interact with their living spaces. This trend has caused a surge in demand for properties equipped with smart devices like thermostats, lighting systems, security cameras, and voice-activated assistants.

The installed tech appliances offer homeowners greater convenience, energy efficiency, and enhanced security, making them valuable additions to modern real estate properties.

Incorporating smart home options in your listings can give you a competitive edge as a real estate professional or investor.

Smart building technology

6. Build to Rent (BTR) Model

The Build to Rent model has gained immense popularity in addressing shifting housing demands. This emerging trend involves purposely erecting rental properties intended to supply long-lasting rental possibilities with amenities commonly connected to homeownership, such as shared spaces, fitness facilities, and concierge services.

The BTR model appeals to people who like the freedom of renting but still want a nice place to live. In 2024, experts think this trend will grow as more builders and investors see the chance for steady long-term profits from rental properties.

If you want to add variety to your property investments, the Build to Rent model allows you to make money with low risk. Today’s renters expect and deserve well-planned buildings that offer high-quality choices for different stages of life.

7. Emergence of New Real Estate Investment Strategies

The real estate investment market is growing as new strategies are introduced to meet the needs of an evolving marketplace.

Our experts predict a rise in fractional property ownership as well, with investors able to buy shares in properties and real estate crowdfunding allowing developers to access funds for development.

Also, using data-driven investment tools and platforms will help investors make better decisions, which in turn will lead to higher returns and fewer risks.

These new strategies are ushering in an era where more people have the opportunity to participate in real estate, and they may just be what’s needed next in a market that is becoming both accessible and increasingly dynamic.

The Bottom Line

These popular trends show how the real estate market will continue to change in 2024. Due to economic conditions and shifting consumer preferences, real estate trends will continually shape the housing market.

Managing these changes and adapting to them will help you succeed in this fast-moving field. These trends and tools can guarantee your success in real estate for years to come.

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The Total Economic Impact Of Andela https://techresearchonline.com/andela/the-total-economic-impact-of-andela/ Wed, 14 Aug 2024 14:08:30 +0000 https://techresearchonline.com/?p=9749 Borderless talent, boundless potential. According to the Forrester Total Economic Impact™ Study, Andela delivers a 66% faster time to hire and 33% quicker project delivery. Prioritize skill and experience over location to boost productivity and drive growth.

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The Total Economic Impact™
Of Andela

Cost savings and business benefits enabled by Andela 

Borderless talent, boundless potential. According to the Forrester Total Economic Impact™ Study, Andela, the world’s largest private marketplace, delivers a 66% faster time to hire and 33% quicker project delivery. Prioritize skill and experience over location to boost productivity and drive growth.
This infographic highlights the financial benefits and ROI of partnering with Andela, the world’s largest private marketplace, providing a clear framework to enhance your hiring strategy.

In this infographic you will learn how to:

  • Accelerate your time to hire talent by 66%, saving over 5,200 hours by Year 3.
  • Generate millions in additional revenue through faster project timelines and high-quality work.
  • Avoid compliance risks and reduce costs associated with employee turnover and replacement.
  • Maximize your hiring budget by sourcing cost-efficient, high-performing talent.

Download the Infographic

Download the Infographic

[contact-form-7]

About Andela

Andela is a global private talent marketplace powered by the industry’s only unified platform to manage the complete tech talent lifecycle. Andela Talent Cloud provides an AI-driven platform that helps enterprises source, qualify, hire, manage, and pay global technical talent in one integrated platform. Powerful AI-matching algorithms learn from thousands of touch points in the hiring journey to pinpoint the best technologists up to 66% faster at 40% less cost than other hiring approaches.

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Selecting the Optimal Outsourcing Partner: “Essential Factors for Achieving Success” https://techresearchonline.com/ascent/selecting-the-optimal-outsourcing-partner-essential-factors-for-achieving-success/ Fri, 12 Jul 2024 18:21:55 +0000 https://techresearchonline.com/?p=9203 Is BPO a maze of confusing acronyms and empty promises? You’re not alone. Many businesses get lost in the BPO maze, unsure where to begin and what true value it offers. This guide cuts through the confusion and empowers you to navigate the BPO landscape with confidence. It equips you with practical strategies to find the perfect outsourcing partner that aligns with your specific business goals.

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Unlocking Business Potential:

Selecting the Optimal
Outsourcing Partner:
“Essential Factors for Achieving Success”

Acent-Optimal-Outsourcing-Partner

Is BPO a maze of confusing acronyms and empty promises? You’re not alone. Many businesses get lost in the BPO maze, unsure where to begin and what true value it offers. This guide cuts through the confusion and empowers you to navigate the BPO landscape with confidence. It equips you with practical strategies to find the perfect outsourcing partner that aligns with your specific business goals. 

In this guide you will learn how to:

  • Define clear objectives to guide your outsourcing journey.
  • Evaluate & select the ideal BPO partner for your business.
  • Ensure a smooth & successful outsourcing partnership.
  • Maximize efficiency & productivity through BPO solutions.

Download guide

Download guide

[contact-form-7]

About Ascent

Ascent is a cutting-edge business process management and transformation services company based out of Colombo, Sri Lanka. We are committed in providing business outsourcing & transformation to become faster, better and cheaper by using proven blend of knowledge and technology. We aim to be the most reliable and innovative partner of our clients by delivering exceptional value while empowering employees to grow and thrive. 

About-Ascent 

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Enhancing Supply Chain Efficiency Through RPA and Automation Solutions https://techresearchonline.com/ascent/enhancing-supply-chain-efficiency-through-rpa-and-automation-solutions/ Fri, 12 Jul 2024 18:21:53 +0000 https://techresearchonline.com/?p=9213 Today's global markets demand a fast, precise, and efficient supply chain.
Manual processes lead to errors, delays, and rising costs, hindering your competitive edge. This guide explores how Robotic Process Automation (RPA) and other automation solutions can transform your supply chain. 

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Enhancing Supply Chain Efficiency Through RPA and Automation Solutions

A Guide to RPA & Automation Solutions in the Modern Supply Chain 

Robotic-Process-Automation

Today’s global markets demand a fast, precise, and efficient supply chain.
Manual processes lead to errors, delays, and rising costs, hindering your competitive edge. This guide explores how Robotic Process Automation (RPA) and other automation solutions can transform your supply chain. 

In this guide you will learn how to:

  • Identify bottlenecks in your current supply chain processes.
  • Leverage RPA and automation for maximum efficiency gains.
  • Implement solutions to achieve 100% data accuracy and faster turnaround times.
  • Optimize resource allocation for improved profitability.
  • Measure the success of your automation initiatives.

Download guide

Download guide

[contact-form-7]

About Ascent

Ascent is a cutting-edge business process management and transformation services company based out of Colombo, Sri Lanka. We are committed in providing business outsourcing & transformation to become faster, better and cheaper by using proven blend of knowledge and technology. We aim to be the most reliable and innovative partner of our clients by delivering exceptional value while empowering employees to grow and thrive. 

About-Ascent 

The post Enhancing Supply Chain Efficiency Through RPA and Automation Solutions appeared first on Tech Research Online.

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What is PropTech and Its Role in the Real Estate Industry https://techresearchonline.com/blog/what-is-proptech-and-its-role-in-the-real-estate-industry/ Wed, 10 Jul 2024 09:50:00 +0000 https://techresearchonline.com/?post_type=blog&p=9060 Introduction As one of the most asset-heavy industries in 2024, real estate requires substantial management to resolve productivity challenges. Proptech is the trending innovation driver transforming how property transactions are handled in real estate. It has introduced new technology solutions to address traditional real estate practices. The real estate industry has been indecisive in embracing […]

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Introduction

As one of the most asset-heavy industries in 2024, real estate requires substantial management to resolve productivity challenges. Proptech is the trending innovation driver transforming how property transactions are handled in real estate. It has introduced new technology solutions to address traditional real estate practices.

The real estate industry has been indecisive in embracing technology and is reluctant to change, which often involves a lot of paperwork and slow property operations. However, PropTech is the game changer most real estate professionals embrace to streamline processes and speed up transactions.

In this article, we explore the impact of PropTech in real estate and the top technologies shaking up the industry.

What Is PropTech?

PropTech might sound like a new term, but it is a short form for property technology. It simply involves businesses embracing technology to disrupt and improve real estate transactions. PropTech uses advanced tech solutions to enhance the buying, selling, renting, and managing of properties.

The role of PropTech is to optimize property transactions, streamline property management, and provide tools to make real estate processes accessible to all stakeholders involved. Solutions provided by PropTech include virtual tours and online listings for buying, selling, and renting properties.

What Is PropTech

Some of the technologies used in PropTech include Artificial intelligence, Blockchain, Machine learning, Virtual reality, the Internet of Things (IoT), and Big data.

The Value of Proptech in the Real Estate Industry

PropTech has continued introducing new changes to the real estate sector by assisting everyone involved in making better-informed decisions and improving processes and transactions.

Property technology offers benefits for real estate professionals, companies, and clients. Let’s examine the value these people get from integrating technology into traditional real estate processes.

  • Real Estate Professionals

PropTech benefits real estate professionals, including brokers, agents, and realtors, in several significant ways. Examples of PropTech tools include short-term rental platforms like Lyric and multiple listing services and marketplaces like Dumper and Doorvest. These property tech tools help real estate professionals streamline their operations, enhance client engagement, improve property visibility, and ultimately close deals more efficiently and effectively.

Proptech tools, including Calendly, Salesforce, and Zillow, also help manage routine tasks such as scheduling, customer relationship management (CRM), and property listings. These technologies save real estate professionals time, allowing them to focus on more strategic activities.

On top of that, Property technology applications also include advanced analytic tools that provide valuable insights into market trends, customer preferences, and property values.

  • Real Estate Companies

PropTech tools improve operational efficiency for real estate companies by automating administrative tasks such as data entry, portfolio management, and rent collection. The importance of property tech applications in real estate businesses is far-reaching. They are now indispensable innovations to improve customer service, property management, and rentals.

Real Estate Companies

Examples of real estate companies that use PropTech include Airbnb, which connects travelers to homeowners, and Opendoor, which simplifies the buying and selling of properties. Furthermore, property technology leaves no stone untouched in transforming the real estate industry, from real estate marketplaces and mobile apps to automated building maintenance.

  • Real Estate Clients

For real estate clients like buyers, investors, and sellers, PropTech enhances their experience with stress-free property search and viewing. Examples are online platforms or marketplaces that provide property listings with detailed descriptions, videos, pictures, and reviews. This makes it easier to research, rent, and manage properties.

Another way PropTech helps real estate clients is through real-world applications of Blockchain technology, which maintains transparency in transactions to reduce the risk of scams and increase trust.

Some property tech platforms also integrate financial technology into mortgage calculators and investment analysis tools to help clients understand their potential returns and financial obligations.

Top Proptech Technologies in 2024

The impact of PropTech in real estate is diverse and has witnessed the introduction of diverse technologies by property tech startups. Here are some of the top PropTech trends to look out for in 2024:

1. AI for Automation of Real Estate Market Processes

Since the advent of AI integrations, companies have invested billions of dollars in AI-powered tech real estate development. This includes the creation of new AI-powered applications or the introduction of new AI tools to improve the functionality of software. The development of AI in real estate has seen its application in:

  • Home automation for smart security 
  • Property and energy resource management
  • Brokerage tech, such as listing generation tools
  • Conversational tools like chatbots and virtual assistants 
  • Real estate investment solutions 
  • Property listing descriptions

2. Blockchain for Secure Transactions

Blockchain has introduced both transparency and security into real estate transactions. It is a top trend in property technology that has proven its potential to decentralize complicated and costly real estate transactions.

Digital agreements and store transaction details are automatically executed based on the predetermined terms between buyers and sellers. With property as tokens, blockchain technologies make the real estate sector more affordable and free to access.

3. Virtual Reality/AR for Better Home Touring and Buying

VR can be used for different purposes, including providing an augmented reality solution allowing clients to experience a virtual tour of available properties during and after construction. Augmented reality (AR) is also a framework that encompasses smart building technology. It aims to improve human lifestyles through innovative and eco-friendly infrastructure.

VR provides remote viewing from anywhere and 360-degree views, allowing clients to explore every angle of their potential property. In 2024, the use of VR to create engaging virtual staging content will increase, thereby increasing the chances of an actual sale.

4. Internet of Things (IoT) for Predictive Maintenance

Another important PropTech technology in real estate is IoT, which is used to automate home systems like lighting to allow for remote control from a smartphone. It uses a network of devices and sensors to send and receive information about properties to track their present state and predict maintenance.

Wrapping Up – The Future of PropTech in Real Estate

The latest technology trends have shown that there will be more innovations in the future to transform the real estate sector. PropTech has indeed awakened tech hibernation in the real estate industry and is hungry for more. To avoid lagging behind in digitalizing real estate processes, now is the time to embrace and introduce innovative approaches to your business.

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