Friday, January 25, 2019

Golden InfoNuggets - JAN 21-25 - Business, CRE, Tech, Blockchain and AI


BUSINESS, COMMERCIAL REAL ESTATE and TECH GOLDEN INFONUGGETS

We use a powerful method of sharing - post #GoldenInfoNuggets on Social Media multiple times daily or in regular emails (every 5-15 days).  We’ve been sharing the essence of articles and a few powerful comments regularly.* 

Commercial Real Estate, Technology, Blockchain and AIhashtag

Angelica Krystle Donati (12 years - entrepreneur, writer).  "#IoT UNDERPINS the #INTELLIGENT #BUILT ENVIRONMENT.  #PropTech attention mushroomed in 2018, from niche play to mainstream in the built environment, to remain competitive.  #Technology is used in diverse ways (#AI can be applied to #property #management #chatbots AND #construction site #safety software).  One constant: the more sophisticated the tech, the more crucial #data is to it.  There much historical data out there, warehoused by property firms and other stakeholders - #sharing will be important, but analyzing and acting on live data is the real #ValueAdd, enabled by the 'Internet of Things' (IoT).  We'll look at the ways IoT underpins the 'intelligent-built' environment:  Smart Cities, #CRE and #Residential."  #Technology #Analysis #Business #PropTech #Research #Expansion #Investment #Startup; edited - Lnkd.in/ezgcUvK for Lnkd.in/eUxXSWN):
  • "#SMART CITIES.  #Property life cycle begins with #construction, which should ideally be a part of its design.  Sensors can monitor the structure of an asset or the services that run through it (gas, water, electric), ADN can be used to manage the way the #BuiltEnvironment is utilized.  Smart parking systems are being tested on the streets of Milton Keynes and which the company believes could do away with the need for traffic lights altogether thanks to #V2V (vehicle to vehicle) and #V2X (vehicle to everything) technology.  #IoT can listen to the unseen activities in cities.  Through multi-modal #DataAnalysis we can then uncover greater insights into human behavior in cities; why certain routes are busy at different times of days; whether street networks confuse and alienate certain demographics; and of course, delve deeper into issues such as cognitive load and its relationship to the increases in anxiety and mood disorders."  Lnkd.in/eN3arkt
  • "#SMART #CRE. In #retail, automated checkout hit the headlines when the first Amazon Go store opened in Seattle, but retail stores are using sensors for layout optimization, smart shelves through beacons. In the #office space, many #landlords, #operators and tech providers jumped on the smart bandwagon some time ago.  Buildings are often brimming with #data, but need response systems to improve customer experience (#CX) or #BuildingManagement.  Examples:  platform, integration, occupancy tracking."  Lnkd.in/e8E97sR
  • "#SMART #RESIDENTIAL.  Residential can be more hostile to IoT and #data collection, due to legitimate privacy concerns.  To embrace IoT whilst navigating #privacy:  French Gecina is helping tenants exert more control over their own homes, versus technology controlling them. "The SmartRent smart-home platform uses installed IoT to alert the residents their AC is at risk of failing and sends a maintenance team.  However, the tenant controls all, and operators only see data related to safety measures, with absolutely no information sold to third parties."  Lnkd.in/ejJz5BT


Michael Beckerman (29 years - public relations, real estate).  "2018 MID-YEAR CRETECH REPORT [latest to date] The pace of innovation, investment and adoption in the #CRE #tech industry is truly astonishing. In 2011, I knew it would take a great deal of time and patience.  It remained that way until 2017 when things accelerated.   2018 has set records:  #funding, number of #startups scaling and the level of new #talent.  It's not just the size of the funding rounds and amount of #capital being deployed, it's by who:  JLL, Fifth Wall, Camber Creek, Prologis or Hines - making a full-fledged ecosystem." (#Analysis #Business #PropTech #Research #Expansion #Investment; edited - Lnkd.in/etB-jDF).

Jeffrey Hammond (27 years - IT, analysis) via Diego Lo Giudice  (33 years - analyst, researcher).  #MICROSOFT BUILD 2018 - "Today's Microsoft is an increasingly confident organization that is accelerating adoption and support for cloud-native #technologies:  #Windows as an operating system and #Office as a suite evolving toward a Microsoft Platform; A steady maturation of edge #IoT capabilities; Expanded support for modern development of #cloud-native apps; #AI and #MachineLanguage that is ethical and consumable; Interop, interchange and integration."  #Analysis #Business #Data #Research #Expansion #Investment (edited; graphic Lnkd.in/eprfesa; Lnkd.in/e-6_5sr for Lnkd.in/eZtMuCS).

Andreas Senie (11 years - sales, real estate).  "#PROPTECH'S ACCELERATION + #CRE #TECH'S EXPANSION = CRE's AGE OF COLLABORATION.  CRE adoption of technology has gone from a probability to inevitability.  It's now only a matter of how much impact these technologies will have on the real estate business.  The days of "beltway bob" are long behind us. Although the barriers to success have not changed, levels of personal success, accumulated wealth and expertise are drastically shifting.  To gain competitive edge and understand these shifts we need to look at three things.  (#AI #Blockchain #Analysis #Business #Data #Science #Research #Investment #Startup; edited - Lnkd.in/eKTVhep for Lnkd.in/exvuxiD): 
  • "#PROPTECH - to date 3,000+ companies are now selling some type of technology and/or automation solution to the industry thanks to over $15B in #investments.  Bottomline investment in this space is at 10.5x companies being funded, 1,048x capital invested annually compared to 2008.  On target for 2018:  $2B in funding = 2x YOY."  Lnkd.in/emmZqDN
  • "GROWTH and ADOPTION.  'It's not just the size of the funding rounds and amount of capital being deployed, it's by who:  JLL, Fifth Wall, Camber Creek, Prologis or Hines.'  - Michael Beckerman.  More and more companies are realizing the advantages of these technologies and are fighting to compete to have the best technology.  All major player in any vertical has a #CIO or #CTO (see "The Rise of The CIO/CTO in Corporate Real Estate" by Honest Buildings)."  Lnkd.in/enSUPnE
  • "HISTORY:  EARLY DAYS:  business was organized on index cards or files - inefficient and difficult to keep current - but leveled the playing field.  An agent's value was relationships in your market, your deals and knowledge of deals in 1-2 towns.  COMPUTER (1+1=3):  with a database of inventory of properties, deals and market knowledge.  Early adopters gained, expanding their relationships, inventory of deals and market comps and geography.   INTERNET:  Online databases allowed agents to scour markets, and to access the same level of coveted deal and comp data as any sized firm.  PROPTECH (2+2=more):  IT services become global, widening geography and relationships - still paramount to success.  Firms can now access more deals than ever, track larger or new markets, some firms are using proprietary comp data and publicly available market data."  Lnkd.in/eB9Cq_c
  • "AGE OF CRE COLLABORATION (2+2=10).  For the first time in history real estate professionals have the tools needed to execute on as much business as they would like.  Technology continues to open more doors, shining more and more light, into what once was a shadow-filled market segment.  Companies that are embracing this technology are not only embracing transparency but going further and creating systems that have open architecture and can easily integrate with other systems and other partners."  Lnkd.in/eZCFM-2   

Don Catalano (30 years - real estate). "#CRE #TECHNOLOGY TRENDS FOR 2019. 2018 has seen much transformation in CRE: competitive home-buying, steady growth in commercial real estate and low interests. There's great rave surrounding Augmented Reality (#AR), Virtual Reality (#VR), Artificial Intelligence (#AI), #Blockchain, #AutonomousVehicles enhancing the emerging technologies covered Jan 2018 [#AR, #VR, #Drones, #IoT, #Big Data, #AI, #Blockchain - Lnkd.in/dhPnz3i]. Beyond the awareness and talk, there's real action as builders are now becoming more creative through the use of technology." (#2019predictions  #Analysis #Business #Data #Science #PropTech #Research #Expansion #Investment #Startup; edited - Lnkd.in/eH-WRpb):
  • "#PROPTECH (property technology) is already in the CRE mainstream, covering everything from #investment platforms and #DigitalBrokerage to new #lending services and real estate #apps.   According to CB Insights, it is expected to bring in a new $3.4B in 2018 across 454 equity deals.  As demographics shift and tenant/customer behaviors evolve, this trend will only intensify.  With the provision of flexible #leasing options with features like networking opportunities, events and other business services, PropTech sees a major impact from #RealEstateAsAService and collaboration spaces."  Lnkd.in/e-tBxbC
  • "RISE of #AI which has been garnering hype for years now.  We talked about it in 2018 CRE tech trends https://lnkd.in/dhPnz3i. Tech #startups are integrating AI into their #MarketAnalyses, but the most relevant use of AI and other #emerging technologies will be in #BuildingManagement, #design and organization.  For example, The Edge has discovered a big potential in #analyzing the behavior of users in their shared #office space, using #data in redesigning their workspace layout, refining their offerings and creating a virtuous feedback loop.  For CRE, ULI reports that AI offers building safety and efficiency, as well as property access and security."   Lnkd.in/erzRErT
  • "CYBER RISK MANAGEMENT.  #RiskManagement has focused on tenant risk, interest rate, and to a degree, portfolio risk. Now, risk expanded with evolving business technology complexities, increasing concern over information #security, #data #privacy and cyber attacks.  2019 will see increased demand for #CyberSecurity, assessing employees' exposure and training them to understand potential threats and implications of cyber attacks and crimes."  Lnkd.in/eF3c9-Z

Commercial Real Estate and Business

Sam McNeil (37 years - finance, capital) noted Charlie Youakim (19 years - finance). NO-FRILLS APPROACH to #FINANCIALMODELING for #STARTUPS (#Analysis #Business #Data #Research #Investment #SmallBusiness; edited - Lnkd.in/exj8axN -> Lnkd.in/eqWc7tX for Lnkd.in/ekZXycj):
  • (Sam) "A proforma financial model is imperative to #raising #capital from institutional investors. To be effective and useful, a model needs to numerically represent the company's strategy and tactics. Importantly, it needs to be straightforward, and not so complex that it is unusable - KISS:"  
  • (Charlie) "#Market sizing [& penetration - cite source]; Unit #economics [know ALL your expenses]; Show your growth [show the strong #IRR and #ROI required by target institutions]; #CustomerLifetimeValue [#CLTV - see article reference]. This is all you should need to set your company up with simple, easy-to-use financial modeling tools."  

Much more from earlier and originals at our LinkedIn Posts

Please email the links to your related articles to Articles@ProsperSystems.biz - especially the following headline, the subject of our deepening research.  We'll share them as #GoldenInfoNuggets for our followers, and notify you when we do, so you can re-share and re-mind your followers of your content. 

LinkedIn • LinkedIn Company Page • Twitter
USA 302KentonJ (GoogleVoice 302-536-8665 to mobile and Hangouts)


NOTE:  We do ANALYSIS of Real Estate LEASEES, FINANCING, PROPERTIES, BUSINESSES and STARTUPS, and 
Prepare then Refer the FUNDING OPTIONS
_______
*GOLDEN INFONUGGETS are: 
Of those who we've shared, the savvy ones Comment or Share these #GoldenInfoNuggets as additional exposure, as well as serve the community and remind their followers of their wisdom.

Friday, January 18, 2019

Golden InfoNuggets - JAN 14-18 - Business, CRE, Tech, Blockchain and AI

Also publish on LinkedIn and our GoogleGroup InfoPortal


BUSINESS, COMMERCIAL REAL ESTATE and TECH GOLDEN INFONUGGETS

We use a powerful method of sharing - post #GoldenInfoNuggets on Social Media multiple times daily or in regular emails (every 5-15 days).  We’ve been sharing the essence of articles and a few powerful comments regularly.* 

Commercial Real Estate, Technology, Blockchain and AIhashtag

Angelica Krystle Donati (12 years - entrepreneur, writer).  THINGS YOU NEED TO KNOW ABOUT #CONTECH - "Autodesk purchased construction tech startup PlanGrid for $875M, but ConTech has had much less attention than #PropTech. More than 50% of PropTech seeks to solve sales and leasing issues, while only 16% focuses on construction.  There is a big gap to be filled and huge gains to be made by bringing technological innovation to construction.  Researching ConTech, and its startups, yeilded innovative solutions and the untapped opportunities."  (#2019predictions #CRE #Technology #Analysis #Business #Data #Research #Expansion #Investment #Startup; simple ConTech facts follow; edited - Lnkd.in/eZa8sXJ):
  • "IS IT #PROPTECH?  There is much construction and management overlap, so ConTech's not siloed - it's used to innovate the way we plan, design and build structures, as well as the manufacture and installation of their components.  ConTech's Building Information Modeling (#BIM) models derived from BIM are PropTech, such as BIM-built building management efficiently managed using AI and AR form BIM's accurate 3D models and centralized data."   #CRE #Technology #Analysis #Business #Data #Research #Startup (edited; previous Lnkd.in/eFMiBGB 
  • "THE TECH? -  NOT just the cute 3D-printed house seen on the 'Net since 2017 - part of ConTech, and perhaps bigger in the future.  The biggest gains are currently in the #management of construction processes, such as #digitalizing construction #workflow #processes.  #Startups are utilizing #AI for workflow management, deploying process #sensors or providing a platform for #data.  #Drones and #MachineLearning do job-site #analysis, and #Robots are tentatively being used.  #Wearable tech is used for worksite safety, and see last post re #BIM.   More aplications and startups in [her] future articles."  Lnkd.in/e8NQ3jZ
  • "#MARKET?  The 2017 global construction industry was worth ~$17T, but >$24T by 2021, though it's very much behind the innovation curve, especially construction methods.  RELATIVELY SMALL.  It's a complex business. Many stakeholders - owners, designers, engineers, contractors, subcontractors, site labor, operators, regulators, planners, local government, the public....  It needs to last for decades and beyond.  Management platforms are an easier sell than new construction methods, which if fail, can have devastating consequences. 
  • "OPPORTUNITY.  The possible gains in this mostly-untouched sector are enormous. But it will require buy-offs by myriad conservative stakeholders and #regulators.  #Investment will be large and lead times long, though returns can be enormous."  Lnkd.in/eSY2diC

Diego Lo Giudice  (33 years - analyst, researcher) was quoted in #AI FOR FINANCE- EASY TO IMAGINE, HARD TO DO:
  • "LINES OF AI aren't easy to draw.  Traditional #MachineLearning using algorithms on structured data is NOT AI, whereas #technology to make sense of unstructured #data is a step toward AI.  
  • "There are TACTICAL and TRANSFORMATIVE parts to AI, and now would be a good time for enterprises to get into it. It can crack some hard problems, requires skills and some learning, but experimenting with this technology and putting it on the side of business - it can do new things."
  • "To CFOs - AI's useful if you scale down expectations and start small, applying it initially to small problems. "he technology is maturing every day. The #research and #algorithms are improving." #Analysis #Business #Startup (edited)   Lnkd.in/eHKdSEg
Kirk Borne (37 years - data, science, education).   REAL POWER OF #AI. "It feels like we’re constantly being asked to submit personal data: download an app, redeem that discount, play a video game, [get a price, download content, etc].  AI can be misunderstood if we define it only by what’s seen in media – cute droid sidekicks, facial-recognition software, [robot cop, droids replacing humans, etc]. AI is really much more, or much less (depending on how you look at these representations)." (editor intro) #Technology #MachineLearning #DeepLearning #Analysis #Business #DataScience #Research; edited - Lnkd.in/eqyGMfi):
  • "FUTURE OF MARKETING.  The massive data collections being accumulated by nearly every industry and organization fuel powerful #MachineLearning algorithms and to enable game-changing AI, most visibly apparent to us as consumers of products and services.  Providers of goods and services use data, machine learning, and AI to understand us and to get our attention in the crowded noisy marketplace, to detect our consumer sentiment about those products and services, to acquire us as customers, to solidify our loyalty to their products, to predict our behaviors, and to amplify the effectiveness and ROI of their marketing investments." Lnkd.in/eaUFRjX 
  • "MORE ON MARKETING (one lens), which is already personalized to individual consumers, specifically through product recommendation engines, BUT much more data-informed than ever before.  Marketing must rely on #MachineIntelligence to carry most of that load, through #DataAnalytics, #MachineLearning and AI.  But, AI must NOT be considered as 'artificial' intelligence, but as 'augmented,' 'assisted,' and 'actionable' intelligence." Lnkd.in/e5vjGfx 
  • "CLARITY PREVENTS MISUNDERSTANDINGS.  One of the roadblocks to implementing AI is its different meanings.  It may bring to mind #Chatbots, #Robots, #NaturalLanguage Processing, #SentimentAnalysis, #PredictiveAnalytics, #PatternRecognition, #AVs, #RPA, #SmartCities, etc, etc. AI developers must explain clearly what they are doing, how and why.  #MachineLearning and AI helps understand data, but having the most #data is not the only advantage.  Deriving value from the data makes the advantage."  Lnkd.in/eQVUqu5
  • "JOB LOSS?  AI and #MachineLearning will enrich #Marketing, making it more personalized, productive and powerful. Tomorrow’s marketer’s work will be more machine-assisted, #data-informed and #insights-driven, providing:  the personal #touch, the subject matter #expertise, the guardianship over proper #algorithm behaviors, the stopgap against #bias creeping into algorithms, and the #historical perspective that is key to most successful marketing.  Other industries will require humans in the loop too.
  • "CHANGE and ENHANCE JOB OPPORTUNITIES  - we expect to see these new roles and the increasing role of AI in such fields as healthcare, manufacturing, customer service, financial services, retail, cybersecurity as well as marketing."

EDR noted this CREtech interview:  #BLOCKCHAIN & #TOKENIZATION in #CRE.  "Only $1.4 trillion of $217 trillion in global developed real estate assets was exchanged in 2017.  Abstract Tokenization is solving this lack of liquidity to increase value and convenience. In addition to the liquidity challenge, a number of traditional CRE primary issuance, record keeping and investor servicing processes are currently not as efficient as they can be, with portions often still being done manually."  Lnkd.in/e8GcPSv

Yves Mulkers (17 years - high-tech consultant, entrepreneur). NEXT-GEN DIGITAL #PLATFORMS DRIVE LONG-AWAITED BUSINESS AGILITY.  Extensive article - worth a full read!  INTRO:  "The platform concept is either a TECHNOLOGY platform that plays the role of enabler, or an ECONOMIC one that causes market disruption and establishes new business models, bringing major benefits to the consumers.  5 major business areas experiencing digital transformation through platforms: Business models, Business strategy, Workforce, Customer interactions & Business operations."  Bravo! (edited) #Technology #Analysis #Business #Data #Science #Startup (edited) Lnkd.in/dknXdck

Commercial Real Estate and Business


Sam McNeil (37 years - finance, capital). 2018: Texas beats Iran, Iraq, Lnkd.in/eSBPpJx, which led me to "OVER RUSSIA AND SAUDI ARABIA, AMERICA HAS RECLAIMED ITS THRONE atop the oil world. For the first time since 1973, the United States is the world's largest producer of crude oil, thanks to the US shale oil boom. American oil output has more than doubled over the past decade." (edited) #Oil&Gas #Energy #Economics #Investment #Technology (edited - Lnkd.in/eSvApG2)

Don Catalano (30 years - real estate). "TOP #CRE TRENDS, 2019: The #industrial real estate boom will continue; A new-brick-and-mortar #retail boom will begin; The adoption of CRE #tech will grow at a fast pace; #Millennials will be migrating to suburbia; #Costs for #tenant improvements and building #maintenance likely to rise." #2019predictions #AI #Blockchain #Investment (edited - Lnkd.in/eN3xjBZ)

Much more from earlier and originals at our LinkedIn Posts

Please email the links to your related articles to Articles@ProsperSystems.biz - especially the following headline, the subject of our deepening research.  We'll share them as #GoldenInfoNuggets for our followers, and notify you when we do, so you can re-share and re-mind your followers of your content. 

LinkedIn • LinkedIn Company Page • Twitter
USA 302KentonJ (GoogleVoice 302-536-8665 to mobile and Hangouts)


NOTE:  We do ANALYSIS of Real Estate LEASEES, FINANCING, PROPERTIES, BUSINESSES and STARTUPS, and 
Prepare then Refer the FUNDING OPTIONS
_______
*GOLDEN INFONUGGETS are: 
Of those who we've shared, the savvy ones Comment or Share these #GoldenInfoNuggets as additional exposure, as well as serve the community and remind their followers of their wisdom.