This time Galleria (Galleria) * is one of the authors of "Real Estate Tech Industry Chaos Map", NTT DATA Institute of Management Research Manager Atsushi Kawato, who is also one of the authors, talked about the latest situation and future prospects of Real Estate Tech. Thank you.

Including Zillow and Redfin, we introduced advanced cases of real estate tech in Japan and overseas and the technologies used there. For example, CARMERA (https://www.carmera.com/) is a service that provides high-precision real mapping of cities in 3D in order to enable safe driving of self-driving cars. It seems that the utilization of 3D data is expected. Real estate tech is developing not only in areas related to living such as buying and selling real estate and leasing, but also in various areas such as parking lots, offices, and urban development.

On top of that, Mr. Kawato thinks that the three keywords that will hold the future of real estate tech are "data," "throughout," and "other industries."

(1) “Data”: In the future, “data” will be accumulated from various sources, and judgments that were conventionally made based on individual senses and knowledge, such as experience and intuition, will be able to provide optimal answers and new ideas by utilizing “data” and AI. enable discovery.
(2) “One-stop”: By implementing the business process from upstream to downstream in one company, it is possible to continuously improve products and services while repeating hypotheses and verifications.
(3) “Other industries”: By accumulating and building real big data through existing services and real estate tech services, entry into “other industries” and collaboration with “other industries” become possible, creating new added value. leads to

It is said that companies that aim at these three directions will survive in the future real estate tech world and will expand their business significantly.
Mr. Kawato introduced the trends and prospects of real estate tech from a global perspective, and the members were stimulated a lot.

Galleria*: Inspirational internal study sessions held irregularly on Monday mornings.