iProperty Exploits Big Data to Help Developers Meet Consumer Demand
iProperty Group has created a Big Data division to spearhead its Big Data initiative. Formed in late 2014, the division is tasked with creating value from iProperty-owned data and to look at ways to use Big Data to enhance the Group’s leadership position in Asia.
Big Data And The Future Of Real Estate Marketing
In The Wall Street Journal (WSJ), Stefanos Chen discusses how big data is being used in the real estate industry. He looks at the example of Jon Hoefling, a 50-year-old office-furniture resale company owner in Morgan Hill, California. Jon was thinking about selling his home and when he opened his Facebook page he saw an advertisement offering to estimate his home’s value.
How a China property agent uses big data technology
In a recent deal, property developer Sunac China Holdings (01918.HK) agreed to pay 2.6 billion yuan (US$376.83 million) for a 6.25 percent stake in Beijing-based online real estate agency Lianjia. The deal put Lianjia’s valuation at 41.6 billion yuan.
Big Data is Transforming Commercial Construction
Construction is a costly and time-consuming process. There are several layers to every project, and average profit margins are relatively narrow. That’s why any and every money-saving measure counts. It’s nearly impossible to flawlessly budget, manage, and organize a construction project. From employees to suppliers and logistics, there’s one tool that can help the multifaceted building process: big data.
Not really a case study, but it is surely a case for study
> Role of analytics in real estate
> Mind the Data Gap: Aspiration vs. reality in corporate real estate
> How big data is transforming real estate