20 most Promising Proptech Solution Providers - 2019

20 most Promising Proptech Solution Providers - 2019

Today, the real estate sector accounts for nearly 60 percent of the world’s mainstream assets, out of which 75 percent belongs to the residential sector. PropTech was barely a topic of discussion. However, digitalization is changing the face of this industry, attracting its own share of technology incumbencies.

Evidently, digital connectivity will play a pivotal role in attracting tenants to commercial and residential buildings. With the upcoming 5G revolution in cellular technology, building owners will move to future-proof their real estate assets.

The need for connected properties will increase the demand for smart buildings that are IoT enabled to improve data flow with integrated systems, creating enhanced and efficient management capacities for security, and other requirements. At this juncture, it is worth noticing that IoT can improve not only the real estate industry but also the everyday lives of individuals by its varied application from predictive maintenance to accelerated decision making.

VR and AR applications are also gaining traction in the realm of real estate; from property viewing and walk-through to augmented hoardings and property brochures, AR provides transparency, simplicity, and beauty to the marketing and selling of property.

That’s not all; powerful drones will continue to be widely used in the industry for capturing footage of properties and their surroundings for virtual tours, as well as producing videos of areas under development.

At this juncture, to guide CIOs in selecting the most suitable PropTech solutions, a distinguished panel of CEOs, CIOs, VCs, and analysts, along with CIOReview’s editorial board have reviewed the top companies and shortlisted the ones that offer the best-in-class services and solutions for dealing with the rising PropTech requirements.

We present to you the “20 Most Promising PropTech Solution Providers - 2019.”

Company Name

Company Description

AppFolio Understands the importance of listening to customers to provide solutions that meet and anticipate their needs
Aptly An AI powered, multi-channel inbox that optimizes the resident experience, streamlines communication, and makes property management teams more efficient
Bixby A team of technologists working with real estate professionals to enhance the building experience for tenants and residents
BMBY Software Systems Develops and implements innovative marketing and sales systems designed for increasing growth and customer values in the real estate market
Chime Technologies Provides a powerful lead generation and CRM solution for real estate professionals
CRE Tech Develops and licenses technology products focused towards the commercial real estate profession
Digsy AI Digsy makes it easier to find commercial real estate properties, occupants and clients
Domain 6 Provides real estate solutions built on the Microsoft suite
Entrata Makes life easier for property owners, property managers and residents
Equiem Catalyse communities, using technology to turn commercial spaces into places where people can truly thrive
FacilGo® An integrated property maintenance solution and supplier marketplace collaboration platform that helps property operators work more efficiently to connect real estate property operators, their suppliers, and residents
Honest Buildings Accelerate urban progress by empowering collaborative, data-driven decision making, project by project, building by building, city by city
Matterport Establishing 3D and Virtual Reality (VR) models as a primary medium for experiencing, sharing, and reimagining the world
Real AI Provides a robust platform to streamline property acquisition processes for commercial real estate investors
realquantum Offers a web application to help commercial real estate appraisers save time and boost the efficiency of their appraisal process
RentSpree Gives agents and landlords the tools they need to easily and efficiently collect a completed rental application and tenant screening package for each tenant
ShelterZoom Empowers instant dealmaking, speedy transaction closing and easy service acquisition where any party can showcase, initiate, negotiate, consummate and refer deals, and acquire services at their fingertips
SmartRent A team of property management experts that builds home automation solutions for property owners, installers, and residents
The Annet Group Fosters a spirit of entrepreneurship that encourages and enables its team to build wholesome businesses that make a positive difference in the lives they serve
Yardi A global technology company, with products to serve any size business, in any real estate market