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"CoreLogic Survey Shows Property Sector Struggles to Secure Returns on Big Data and Data Science Investments"
While property-related companies understand the need for big data and analytics to inform strategic business decisions -- and are investing in them -- many are wrestling with how to secure significant returns on those investments.
The high level of volatility in today’s property market has placed a premium on access to the most current information as investors, developers, underwriters, lenders and other stakeholders make critical long-term business decisions.
According to John Rogers, chief innovation officer with CoreLogic, a leading global property information, analytics and data-enabled solutions provider, property-related companies are leveraging big data analytics and modeling solutions to gain insights required in this competitive marketplace.
Rogers discusses the findings from recent survey commissioned by CoreLogic which show that many property-related companies are struggling to effectively leverage investments in these emerging technologies and realize significant returns.
Here is an excerpt of what he had to say.
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