We are pleased to present the 1st edition of the Swiss PropTech Book: PropTech 2020. The special theme for this edition is PropTech Business Ideas and Distributed Ledger Technology – The Future of Real Estate Innovation in Switzerland.
Over the last twenty years after the common use of Internet, improvements in real estate industry have prompted a sustained increase in smart living, smart investing and smart property management in the quality of real estate management, resulting in substantial contributions to economic growth.
Property Technology (PropTech) has largely contributed to this progress. As we look into the future, new technologies and technological innovations will likely continue to enrich the provision of real estate at a rapid pace. Big Data, Artificial intelligence, Virtual Reality & 3D, Smart Buildings, Internet of Things, Drones, Automated Valuation Models and mobile applications will open the new doors to improved real estate industry. Likewise, novelties such as the payment of rent with cryptocurrencies, online valuation and chat bots between tenants and landlords and rental house without caution have potential for real estate agencies and property management companies.
In addition to the theme, and from now every year, the PropTech Switzerland follow and analyzes innovation trends and the performance of approximately more than 150 companies. The PropTech Switzerland has fostered national innovation strategies and debates on innovation in three main ways;
– First, the PropTech Switzerland helps place innovation firmly on the map for players, in particular for real estate economies.
– Second, the PropTech Switzerland allows companies to assess the relative performance of their innovation system. A significant number of companies work hard to unpack to define innovation in their business and to analyze their innovation strengths and weaknesses. These findings then inform innovation policies and actions.
– Third, the PropTech Switzerland provides a strong impetus for companies to collect fitting innovation metrics.
For this 1st edition, we thank all swiss companies for their tolerance to present them. Likewise, we recognize the contributions of the advisors and board members. This edition was written without sponsors and advertising.