Artificial Intelligence Takeover: 11 Companies Transforming CRE

Technology is advancing faster than ever before, and while commercial real estate has traditionally been slower to embrace these trends, the industry is now incorporating it at a rapid pace -- and the benefits for the industry are seemingly boundless. There's both a push from the past and a pull from the future ... during those laggard years it's not like the rest of the world wasn't advancing so the consequence is the price of software went down and the effectiveness went up," Buildout CEO Vishu Ramanathan said. "It's evolving just a little bit at a time so we don't even realize it. It's fun that CRE is really suddenly starting to move forward." Artificial intelligence (AI) in particular and the ability to collect and store a lot of data has impacted property markets greatly.