Why businesses are paying more attention to Proptech
In a short space of time, Proptech has moved way beyond the online property listings it first became known for.
Companies sensing opportunity are fast latching onto developments that are bridging the digital world and built environment. The rise of smart cities, the relentless pace of urbanization, and strong government support all have been drivers to get more deeply involved.
Take Airbus Aerial, a division of Airbus, which is using satellites and drones for surveillance and commercial applications through aerial imaging. Images are being analyzed with artificial intelligence and used for construction projects, aiding decisions around land feasibility surveys, and helping first responders on their way to emergencies.