Big Data is present in our lives and, albeit silently, so are algorithms. They are invisible to our eyes, but they are behind numerous activities that we carry out on a daily basis and dominate, to a certain extent, our daily lives, which is a clear and unequivocal symbol of the automation of society and industry. Big Data will be a determining factor in building value in today's environment, facilitating decision making at every stage of the investment cycle.
Some Big Data companies
Continuing this trend, Alantra is a national company, specialising in financial products and serviceswhich has acquired, through its credit and real estate advisory division, a majority stake in Urban Data Analytics, also a Spanish company, which is also a Spanish company. offers Big Data solutions and artificial intelligence capabilities for the real estate market. Through more than 40 public and private sources, it develops 190 indicators, generating algorithms to maximise the return on real estate investments.
Getting to know uDA
Founded in 2014, the company selects and analyses datasets on urban factors such as population, income, density, mobility, environmental quality and infrastructure, generating information for leading real estate investors and managers in Southern Europe and South America.
With this support from Alantra, Urban Data Analytics plans to expand its portfolio of services, strengthen its market position, and develop its presence in new geographic areas. In fact, to strengthen this growth, Diego Rivas, director of Alantra, is joining uDA as an executive partner.
In addition, other relevant operations in the sector are as follows:
REalyse
It is a technology company, founded in 2016 and headquartered in London, which helps UK residential property professionals stay at the forefront of the market. It uses data and analytics to improve real estate investment decisions, i.e. determining where, when and what to build.
REalyse has just closed a Series A round of £3Mled by venture capital firms Anthemis Group and XTX Ventures, with which the company plans to apply the same quantitative analysis technology in investment development and management as in financial services and insurance.
Compstak
The company uses a collective collaboration model that allows brokers, investors, asset and asset managers and appraisers to upload property and transaction data to its platform to gather real estate information.
Precisely in order to increase its data exchange programme, compstak has been able to lift $12M. In addition, with the opening of new offices in Chicago and Atlanta, the American company is currently in full expansion mode.