Page 6 - RC18-EDGE Spring.FINAL

From the Publisher

THE AGE OF ACCELERATION:

NAVIGATING GLOBAL CRE TECHNOLOGY

AND INNOVATION

EVERY YEAR, WE EVALUATE THE STATE of our industry and Corporate Real Estate, Technology, Automation and
and its future direction as we decide on the Realcomm | Innovation. It has been an incredible journey, one that
IBcon conference theme. We review the last 12 months included many ups and downs, travels, conversations,
and do a bit of prognosticating as to what path the year debates and ideas from around the world, as well as a
ahead might take for Commercial & Corporate Real slow but steady rise in the adoption of new innovative
Estate, Technology, Automation and ideas powered by technology. These powerful trends are
Innovation. This has been our tradi- not only changing business processes, they are affecting
tion for the last 20 years and looking some of the fundamental reasons we use real estate.
back, these assessments were pretty
good representations of the time at During these 20 years, we have seen an incredible orga-
hand. nization of market data (CoStar); the ability to fly around
the world and see a building (Google Earth); powerful
In 2001 during the dot.com era, we computers in the hands of everyone (Mobile Phones);
called for a “New Digital Economy,” a standard, easy to access global network (the Inter-
only to be “Looking Beyond dot. net); and now, a new set of technologies (AI, Blockchain,
com” in 2002 as the bubble began to Immersive, Autonomous) that are truly industry-changing.
burst. In 2005 we prepared for “Commercial Real Estate
@ the Speed of Light” and after the financial crash of As we contemplated our theme for 2018, one word kept
2008 when budgets were tight, “Show Me the ROI” was coming to mind…speed. While the technological change
the sentiment of the day. By 2011, relevant growth meant in the last few years has been fast, what we see ahead is
moving “Beyond ROI” with more of a focus on innova- a pace never before experienced. Technologies that have
tion as the theme. This trajectory was also very much in been around for many years in the labs are now making
sync with the massive finan-
cial investment in CRE Tech,
which began after the crash.
The years 2012 through 2015
continued to promote accel-
erated adoption of technology
in our industry. 2016 was a
major year as it introduced us
to yet another new generation
of general technology that
included AI, Blockchain, Aug-
mented Reality, Autonomous
Vehicles and more.

Realcomm Navigating Global CRE Technology & Innovation
This brings us to 2018, our
20th year focused on the JUNE 6-7, 2018 (PRECON EVENTS: JUNE 5|RE TECH INNOVATION TOURS: JUNE 8) AT THE COSMOPOLITAN HOTEL LAS VEGAS
intersection of Commercial

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