One-Month Record Raise Posts in February
GLOBEST
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
GLOBEST
CRETech
Aquicore consolidates the proptech market with its platform for intelligent real estate operations WASHINGTON – March 26, 2019 –Aquicore, a leading commercial real estate software company with an all-in-one operations platform, announced today the acquisition of Entic, a best-in-class prescriptive analytics solution that generates targeted recommendations to drive peak utilities and facilities performance for commercial assets. With the acquisition, Aquicore begins to consolidate the fragmente…
GLOBEST
Flexibility is among the biggest concerns for employers developing a new workplace strategy. Employee needs are changing rapidly, and while open workspaces are popular today, the next generation of employees may have different preferences. Along with changes in technology, employers are focused on building a workplace strategy that is successful today and can be adapted to meet future needs. …
BISNOW
In their struggle to stay viable, retailers are turning to artificial intelligence — systems that take input, learn from it, and use that learning to solve problems or archive a desired result. Amazon was an early adopter of AI, but now other retailers are betting big on it. In reducing shipping costs, improving supply chain efficiency and personalizing shopping experiences, AI technology will help retailers to compete, said Mark Mathews, National Federation of Retailers vice president of res…
GLOBEST
THE REAL DEAL
In an attempt to further diversify its products, Blackrock is pushing further into the tech sector with the $1.3 billion acquisition of a real estate analytics firm. The firm will wholly acquire French company eFront, which offers real estate investors and private equity firms analytics on their portfolio’s performance, and provides guidance on adhering to accounting and regulatory obligations, according to Bloomberg.
ROBERT FINLAY
We’ve seen this coming. Anyone who had a shred of interest in digital transformation and took notice of its eventual upheaval and subsequent implementation within first the consumer-driven industries, followed by industrials, then financial services and finally healthcare should have been prepared for the ripple effect technology would create in commercial real estate. Perhaps the old guard felt insulated by the industry’s reluctance to deviate from the status quo, and most sat by as digital tec…
GLOBEST
PHILADELPHIA PA, AND NEW YORK, NY—Susan Wojciechowski, a real estate veteran of CBRE and NKF, has joined WeWork as global head, client real estate advisory services for the coworking company. With more than 25 years of global real estate outsourcing experience for all real estate service lines, her experience includes business leadership & growth, the formulation and negotiation of complex contract structures, account management, business transformation and operational delivery. She will…
PR NEWSWIRE
FOREST HILLS, N.Y., March 25, 2019 /PRNewswire/ — SoftWorks AI, a leader in artificial intelligence and computer vision technologies for the mortgage industry announces new applications for its Trapeze for Mortgage Automation solution. At this year’s MBA Technology Solutions Conference & Expo, SoftWorks will showcase a preview of its Automated Income Analysis and Verification module. This application enables automatic parsing of financial documents, including most IRS tax forms to substa…
CB INSIGHTS
The next generation of wireless technology could affect a wide range of industries, from healthcare to financial services to retail. Move over, 4G — the next generation of wireless technology is here. 5G is set to enhance connectivity across networks. This is especially important as the number of Internet of Things (IoT) devices rises, along with the amount of data they generate….
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