What we're reading right now
Building Information Modeling and Wearables
At first glance wearables and the real estate industry are miles apart from one another. Look again and you will see that new collaboration trends and standards are bringing these two worlds together faster than you might think. BIM (Building Information Modeling) meets WT is a big trend that hasn’t been on the radar of tech leaders until now. The software, engineering and real estate business are some of the most innovative industries and are already investing heavily in the combination of Virtual Reality (VR) and Augmented Reality (AR) solutions to visualize their 3D infrastructure models.
CoStar to hire 700 new employees
Washington, D.C.-based commercial real estate data firm CoStar Group Inc. plans to establish a new headquarters for its research and development operations in Richmond, where it expects to create about 730 jobs and to invest $8.17 million in the new 125,000-square-foot tech hub. The new facility, to be aided by a $4 million grant from the Virginia’s Commonwealth Opportunity Fund, is expected to generate $250 million in economic impact. CoStar selected Richmond as part of a national search for several reasons, including the city’s work force and culture.
SPONSORED BY VTS
For commercial real estate firms evaluating potential technology vendors, information security is top of mind. It’s important to be completely confident that the platform you partner with has the proper systems and processes in place, and that these systems are working properly to keep your data protected. To that end, VTS’ Director of Information Security, Robert Lowry, shares the top four questions CRE firms need to ask potential CRETech vendors as they evaluate the level of security the firm provides.
Companies set energy goals
It’s no secret that companies use goals to push their businesses in a positive direction. Whether it’s about creating more value or reducing impacts, goals provide focus, direction, and a sense of urgency. Recently, a wave corporate, climate-related goals, such as renewable energy and emissions-reductions targets, have grabbed the public’s attention. Companies, cities, and other large institutions are stepping up and committing to reduce their environmental impact. But behind the scenes, are these goals actually leading to corporate action? And if so, what kind?
cre.tech/daily brings the most important and interesting #cretech news to your inbox: