HomeCategoryTechnology

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Thanks to the proliferation of apps, social media and other online platforms, there is widespread availability of data that can be used to improve products. It’s known as big data, and it’s a big deal: new, complex and robust data sources can be tapped into to solve new problems. But, much of this data is also unstructured, meaning that a lot of current and traditional software can’t manage it, according to Oracle. What does this...

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The real estate industry is primed for the deployment of robotic and cognitive automation (R&CA) technology, an innovation that has made it possible to improve administrative functions in a variety of capacities. While categorized together, robotic automation and cognitive automation are actually two distinct approaches towards automation with their own respective potential and limitations. How does robotic and cognitive automation work? Robotics process automation (RPA) utilizes frameworks and “if/then” conditions to efficiently complete repetitive tasks...

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There are countless tedious tasks associated with owning or managing a property. Whether you’re a landlord, a homeowner selling a home, or a tenant seeking a home, you likely have to deal with contracts, open communication and property viewings. However, the rise of machine learning — a subset of artificial intelligence which, put simply, allows computers to learn from data without being trained to do a specific task — has made automating these tasks easier....

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Virtual and augmented reality may be well-known as a technology used for entertainment, but it has important uses in health, retail, and of course — real estate. Using VR and AR for real estate is not exactly new, as companies have been perfecting the technology over the last several years. However, a lot has changed about how the industry uses it, how technologists build it for optimal use and how we think about its future....

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Nearly everything that we do is inside of a building. Whether it’s going to work, living at home, shopping or eating at a restaurant, the expectation is that the buildings we live and work in are safe and built with high standards. However, one blind spot for many buildings is energy efficiency. According to one University of British Columbia report, in Canada, operating a building draws 50% of the energy produced, and buildings emit 35%...

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While technology is having a major impact on how properties are managed and sold, it’s also having an impact on how properties are created. 3D printing, which allows people to create three-dimensional objects with digital files, is changing the way that we design and create homes and other buildings. With lower cost for materials and a healthier carbon footprint, 3D printing is set to make housing more accessible and design structures previously impractical using current...

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The Vancouver Convention Centre’s green roof is the largest in Canada. It is home to 25 different species of plants, all indigenous to the West Coast, for a total of 400,000 plants. With the gravel, topsoil, and plants this roof weighs more than 11 million pounds. Pretty impressive, right? But even if you are a small business owner with a small shop, an eco-roof is a smart investment. Not only does it benefit our planet,...

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On December 4, Techstars hosted a Demo Day for its Colliers Proptech Accelerator, a Toronto-based program that helps property tech startups overcome business challenges and find investors. The Demo Day is the culmination of a three-month program that gives proptech entrepreneurs access to mentors from Colliers, a Canadian real estate services organization boasting 400 offices in 68 countries. This year, the accelerator received applications from over 50 countries. Many of the startups in this cohort...

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Depending upon where in Canada you live, electricity can cost you big bucks each year. But the high initial cost of solar panel installation makes many Canadians wonder if it is worth the investment. In this article, we look at each province and territory to examine if solar panels make sense in your area. Cost for panels Contact any solar panel company and they will tell you the cost per watt. The average price of...

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In many industries, technology is one of the biggest drivers of disruption, and real estate is no exception. It’s something that many real estate investors are anticipating. According to CB Insights, global property tech (proptech) investment is projected to reach a record US$6.3 billion across 382 deals in 2019, compared to US$4.5 billion invested across 399 deals in 2018. To support this emerging breed of startups, new programs and investment firms are cropping up. In...