InvestorFlow reposted this
Oliver Quereshi and Natasha Cochrane De La Rosa from our Client Success Team had the pleasure of attending the UK PropTech Association (UKPA) and British Property Federation's 'Summer Members' Meet Up' yesterday 🥂 Kicking off with the return of 'The Big Debate' series, the audience was pretty evenly split when asked if the real estate industry will fail to deliver on AI's potential. 52% answered YES, and 48% responded NO. Here are some more key insights: 💡AI isn't new: It's been used in cars, phones, and other devices for many years, dating back to the '60s. 💡Proving its ROI is a challenge: Measuring AI's true success is difficult, making it hard to secure a budget allocation. 💡Shifting focus will benefit from AI: Real estate is now more focused on adding value to consumer and tenant experience, and AI can significantly impact this. 💡Data is power: The winners will be those who realise the power of the data they already have and can use AI effectively to harness this. Thanks also to event sponsors Legal & General, YAVICA, and Locale. It was a fantastic evening, in great company, and we're already looking forward to the next one 🤩 #AIinRealEstate #TheBigDebate #FutureOfRealEstate