PropTech in the West Midlands
The world is changing. Companies are re-evaluating their business models to keep up..
Organisations across the globe are looking to transform their offerings and fundamentally change the way they interact with customers. The West Midlands’ Real Estate sector is no different, and cutting-edge digital products have been developed right here in the region. With challenges in Artificial Intelligence, Big Data, the Internet of Things and more still to tackle in the real estate sector, innovative, forward-thinking companies ready to tackle these problems will be right at home amidst the region’s revolutionising PropTech sector.
PropTech in the UK and the West Midlands
The West Midlands has rapidly evolved into an emergent hub for PropTech, boasting one of the highest concentrations of PropTech businesses outside of London. This sector is only beginning to expand, with more property companies and start-ups targeting tis sector, and utilising the region’s digital capabilities and interconnected ecosystem to get a head start. Companies in this ecosystem are reshaping the property industry, together, in the West Midlands.
The region’s reputation is growing, and drawing interest from international property investors, asset managers, and commercial agents; many are already establishing operations in the area. Innovations in the PropTech sector cover a broad range of areas, including digital property viewings, smart building technologies, data aggregation, and enhanced property management systems.
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
A pioneer in UK PropTech, Nimbus® Maps has been adopted by thousands of property investors, developers and surveyors across the country, as their innovative property intelligence platform offers plentiful benefits.
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.
