Real estate digitalization and the underlying modes of operation

Daniel Piazolo

ERES from European Real Estate Society (ERES)

Abstract: Data are the new currency of our time. Various digital technologies drive the successful business models of today, but will also determine the real estate industry in the future. The paper examines the relevant digital technologies and various real estate tech startups. The underlying modes of operation can be condensed to four types:1.) Increasing transparency2.) Raising efficiency3.) Enhancing flexibility4.) Enabling new opportunities, new contents, and new insights.Based on these modes of operation it is possible to describe the successful companies, the driving forces behind real estate digitalization and thus our industry in the near future.

Keywords: BIM; Digital Asset Management; Digital Modes of Operation; Digital Transformation; Structural Change (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2018-01-01
New Economics Papers: this item is included in nep-ict, nep-pay and nep-ure
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2018_106

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