GLOBEST. REAL ESTATE FORUM PRESENTS
What a difference a decade makes. Ten years ago, commercial real estate was a laggard in advanced tech adoption,content to make do with paper-based processes and back-of-the-envelope forecasts and projections. That world is longgone, fortunately, and in its place is a sector that is robustwith industry-specific venture capital and an array of offerings ranging from artificial intelligence to 3D virtual tools.
It is worthwhile to occasionally ponder how we got here,if only because such musings facilitate even more advances.Some will say that CRE embraced tech when its peoplefinally felt comfortable giving up the old ways of doing business. We disagree with that notion. Our belief is that CREtook longer to embrace technology than other industriesbecause the technology itself was harder to customize forour space. It was when smart, visionary and entrepreneurial-minded men and women pushed through the complexitiesto deliver CRE-specific software products and platforms thatthe disruption began. It didn’t take much buy-in on the partof the industry—it was ready to go.
On the following pages you will find some of those menand women who solved the puzzle for us and brought theCRE industry on par with fintech and consumer technology.