PropTech
The world is changing. Digitalisation is accelerating. Companies are re-evaluating their business models.
They are looking to transform their offering, changing the way they interact with customers. The West Midlands’ Real Estate sector is no different, adopting cutting-edge digital products impacting every aspect of the industry. From Artificial Intelligence and Big Data to the Internet of Things and Virtual Reality, our region’s PropTech sector is revolutionising the future of real estate.
PropTech in the UK and the West Midlands
The West Midlands is rapidly emerging as a major hub for PropTech, boasting the highest concentration of PropTech businesses outside of London. This sector is only just starting to expand, with more property companies, entrepreneurs, and start ups tapping into the region’s digital prowess and interconnected ecosystem. Together, they are developing platforms and solutions that are reshaping the property industry.
These innovations cover a broad range of areas, including digital property viewings, smart building technologies, data aggregation, and enhanced property management systems. The region’s growing reputation is also drawing substantial interest from international property investors, asset managers, and commercial agents, many of whom are establishing significant operations in the area.
Next-Generation Services
Never been done is what we do in the West Midlands.
For over two centuries, the global economy has been shaped by West Midlands-borne technologies. The next generation of modern business services, green power and digital tech is being built right here.
PropTech companies are rapidly forming a major hub for PropTech in the West Midlands. Companies like Nimbus® Maps are growing and benefiting from all the region offers.
Nimbus® Maps
One of the UK’s leading PropTech firms since 2015, Nimbus® Maps’ online property intelligence platform has been adopted by more than 10,000 property investors, developers and surveyors across the country.
Drawing data from a complex database of more than 30 million properties, Nimbus has disrupted the UK real estate market, helping professionals reduce time spent researching by up to 80%. Time that can instead be spent building invaluable relationships and creating exciting commercial opportunities.
An ongoing R&D collaboration with the University of Warwick has helped to take the business to the next level, working with industry-leading academics at the forefront of cutting-edge data science to develop their game-changing PropTech product.
Access to a huge talent pool has been a major benefit of locating in the West Midlands, with the region home to the UK’s largest regional Business, Professional & Financial Services cluster outside London.
Finally, Nimbus Maps has forged key relationships with SuperTechWM – the only Professional Technology Supercluster in the United Kingdom – and its large community to foster exciting business relationships with companies across the region.
Who else is finding success in the West Midlands?
From CrowdProperty, SPICA Technologies and HausBots to Nimbus Maps, Fulcro and Furbnow, the West Midlands has developed a thriving, vibrant PropTech sector.
While the services offered by these companies vary greatly, they all have at least two things in common; a desire to redefine the real estate sector and an understanding that the West Midlands – with our established and connected tech infrastructure and our huge appetite for innovation – is the only place to do it.
