13 Mar 2018
To prepare professionals for the technological breakthroughs impacting the built environment, RICS is proud to announce its Technology Affiliate Programme (TAP) aimed at propelling the property industry towards what has been called “the fourth industrial revolution”.
To prepare professionals for the technological breakthroughs impacting the built environment , RICS is proud to announce its Technology Affiliate Programme (TAP) aimed at propelling the property industry towards what has been called “the fourth industrial revolution”.
RICS formally announced this initiative at the premier global real estate exhibition, MIPIM, held in Cannes, France from 13 – 16 March 2018. More than 24 000 delegates from 100 countries converge here to debate and discuss the latest developments in the property industry.
As the pace of change accelerates, there is a need for new skill sets within the industry. With this in mind, the TAP will give tech companies the opportunity to build a profile in the property industry and receive annual benefits, while helping to increase awareness of the impact technology has on the real estate industry. TAP is open to any business offering data and technology solutions to the property sector, from start-ups to large multi-national organisations.
The programme includes the following benefits:
- A global network: Being part of an expanding community with access to unique networking opportunities and high-level events and seminars
- Profile: Building profile and awareness of their products and services in the market with the use of RICS Tech Affiliate Logo, demonstrating participation in the programme
- Market Intelligence and access to recognised global standards: companies can gain understanding of market needs and guidance on interpretation of RICS standards and best practice and access selected market research.
- Other benefits: discounts on RICS products and services
As technology reshapes the market, developing common globally benchmarked standards is critical to promoting market efficiency and transparency, as well as informing the technical and behavioural evolution of professionals in the property sector.
The TAP gives technology firms the opportunity to be at the forefront of RICS initiatives aimed at addressing new technical, as well as ethical, dilemmas in areas such as data handling and cyber-crime.
The impact of automation
A recent RICS research paper: “The impact of Emerging Technologies on the Surveying Professions”, found that the impact of automation, in particular, has become a major challenge for firms and professionals with an especially disruptive bearing on skill sets, areas of lease management, valuation and property, asset management as well as the facilities management sector. The programme aims to help real estate professionals adapt to the changing landscape and be open to the benefits that new technology can bring.
At MIPIM 2018, RICS brings together leading industry leaders to facilitate discussions around the ethical implications of technology in the built environment sector as well as to debate how need for new skills and standards in this evolving landscape will impact on the modern property professional.
For more on RICS at MIPIM 2018, please see the full programme.
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