Data-driven insights from Internet of Things (IoT) devices are enabling energy and sustainability experts to make better-informed decisions like never before. Energy use within buildings is inherently variable, and until recently, even the brightest minds were in the dark when it came to explaining fluctuations in usage, due to the long list of factors that can cause a building’s energy usage to change seemingly at random. Having a fundamental understanding of how a building uses energy and what causes it to change is essential to optimising performance in the long term.
Last Tuesday (the 26th of Nov 2019), I was invited to be part of the panel on ‘Leveraging ProptTech to get to Net Zero’ at the first Women In PropTech (WiPT) London event alongside fearless leaders in the space Sally Jones, Julie Hogarth, Alison Webb and beautifully moderated by Sarah Ratcliff.
As I start writing this, I cannot escape Sting's song 'I'm an Englishman in New York'. Less than 3 months in, I am starting to notice patterns in PropTech which I have experienced in my previous MarTech (marketing tech) and FinTech (finance tech) lives.
This is a continuation of a previous blog featuring a critical look on current developments in the proptech industry, sparked by a recent visit to the Future: PropTech event.If I was ever going to shoot a futuristic movie, it would probably be called something along the lines of “Rise of the Platforms” (there goes any hope I may have ever held out for a successful movie making career, I know). The trend in the proptech industry is definitely to try to cover an increasing number of use cases and data domains, and platforms are the traditional “delivery mode” for this.
Let me just put this on record: Proptech is an exciting space. I’m saying this as someone who’s spent the past 10+ years in it, hence longer than the term proptech itself has been in existence. Previously largely used to refer to online agencies, proptech today apparently encompasses some 7,000 startups (according to CBRE’s Thomas Herr) and goes well beyond making real estate transactions more efficient.
Sixteen of the UK’s most innovative and fast growing Cleantech companies have earned a place on an entrepreneurial trade mission to San Francisco, with the aim of opening up their business to the US market.