| | July 20184CIOReviewEditorialReal estate sector is witnessing the advent of a range of technologies are opening up the horizon and changing the rules, giving real estate professionals new opportunities to thrive. In buying or selling a home, people are making one of the biggest decisions of their lives and the process can be overwhelming. It is important that real estate agents answer questions in a timely manner, but that is extremely time-consuming. Addressing this challenge, AI has emerged as a disruptive force. Chatbots, powered by AI, represent a solution. Agents can utilize virtual customer service agents and chatbots to help field questions and automate discussions with clients, freeing up human time to address more complex issues. Another disruptive technology that has made its way into the real estate industry is big data which is transforming the industry by making it more transparent. Home evaluation reports, sale prices and demographic data are now in the cloud and can be analyzed to provide more objective appraisals. Heightened transparency is expected to promote better decision making and streamline the sales process so that it is more efficient. In addition, agents can use big data technologies to turn customer data from sources like social media into targeted marketing that delivers the right message to the right customer at the right time. These technologies are at their most effective when they work together because AI can be used to process the data through the process of machine learning, identifying new patterns. These patterns could be the key to success in the real estate industry moving forward. In this issue, CIOReview India has come up with a list of 20 Most Promising Real Estate Technology Solution Providers who have proved their mettle in this domain with their innovative offerings. These companies pride themselves on keeping pace with the latest technological advancements in this field. We hope this issue gives you helpful insight into this market landscape. Sudhakar SinghEditorsudhakar@cioreviewindia.comAI and Big Data Transforming Real Estate Industry VOL 6 · ISSUE 7-4 · JULY 16, 2018 PublisherOffice Editorial queries editor@cioreviewindia.com To subscribeVisit www.cioreviewindia.com/magazine-in or send email to: subscription@cioreviewindia.comCover price is Rs 150 per issueAshok KumarVirupakshi PattarAlok ChaturvediCIOReviewGroup Art DirectorVP - Sales & MarketingMagendran PerumalCirculation ManagerEditorial TeamCIOReview No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Vimalraj MManjunathVetri VelCIOReviewEditorSudhakar SinghVisualizersAdvertising queriessales@cioreviewindia.comBangaloreTel 080 46441103Sales & MarketingAmrit SinghRavi Kalgi Rohit RaghubanshiIndranil ChakrabortyPrinted and published by Alok Chaturvedi on Behalf of Bizprint Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Copyright © 2018 Bizprint Media Technologies Pvt Ltd, All rights reserved. Re-production in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Anitha TLakshmi GNazish HussainShaheen SaikiaSeena KennethSuchita GonsalvesVinisha PaivaNoidaTel 120 4639300
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