How has the industry evolved over the year? What is your view on how technologies can change the landscape?
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How has the industry evolved over the year? What is your view on how technologies can change the landscape?
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Surveying has traditionally been seen as quite an old-fashioned industry. Until recently, colleagues in the UK were still using tape measures when measuring properties and technology has always been seen with a degree of scepticism. However, I think this is now changing rapidly and new technology is revolutionising the industry.
One example which is starting to take off is Tokenisation. This is a new, digital method of buying and selling either part or the whole of a building. In theory this makes real estate investment much easier to access and opens it up to a much larger market.
Another example is the advancement of automation, specifically artificial intelligence. We are seeing AI computer models which are able to value assets within a much finer margin of error than they did previously which could really change how valuers perform their roles.
For more insights on surveying check out the episode I did with Denzity! https://youtu.be/lRp0f978Xvk
