How is #AI transforming the #realestate sector? 💬 Known for its long cycles, information gaps, and very specialized expertise, the real estate sector is undergoing the AI revolution at a different pace and intensity compared to other sectors - but it’s definitely happening, and tangible competitive advantages for operators ahead of the curve are already here. 💡 The immediate benefits we can tap into are about automating low-added-value back-office tasks. But the real game-changing strategies, with the potential to seriously boost the competitiveness of the most advanced players in the long run, is about the capacity to use a large amount of alternative data in an innovative way, using #machinelearning and #deeplearning models, to help build more resilient portfolios. 🎯 This is what Generali Real Estate is doing, for example, with the proprietary location intelligence tool #CityForward, supporting the investment decision-making process through the lenses of hundreds of quantitative and qualitative #data. 🎤 Thanks to Costanza Balboni Cestelli, our Head of Innovation & Data, for discussing our views and experience about the impact of AI and #bigdata during the 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 & 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗦𝘂𝗺𝗺𝗶𝘁 by Il Sole 24 Ore. The conference, now in its seventh edition, brought together the Italian real estate industry around key themes such as the evolution of the credit market, the impact of the ECB's anti-inflation policies, the potential of urban, social, and environmental redevelopment projects, and how AI and big data can enhance the real estate investment cycle, supporting both operators and investors. 24 Ore Eventi #innovation #AI
Congratulations on the great work you are doing! However, I wouldn’t underestimate the impact of back-office automation 😊
Social Media Manager
3dUsing AI to analyze new types of data could be a serious edge, especially when traditional market signals aren’t enough.