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News & opinion

15 MAR 2018

MIPIM day two: AI – what it means for the built environment

Day two continued to see new technologies at the centre of MIPIM discussions, with Maarten Vermeulen FRICS, RICS Managing Director for Europe presenting the findings of RICS' research paper:  Artificial Intelligence: What it Means for the Built Environment.

RICS announces Tech Affiliate Programme

MIPIM, day one: How technology is transforming the industry

MIPIM, day three: Skills and the urbanised future

We held a roundtable discussion on the ethical implications of technology in the built environment attracting proptech companies and opinion leaders.

Speakers including, Karin Barthelmes MD, from the ICG Institute in Germany, Bob Courteau, CEO of Altus Group, Wouter Truffino, Holland ConTech & PropTech and Susanne Eickermann-Riepe, Partner Financial Service Consulting/German Real Estate Leader, PwC highlighted the following points:

  • if you want to operate globally and build trust you must act ethically, the market will demand a demonstration of ethical behaviours and companies that apply strong ethical principles could see benefits in their bottom line
  • ethical standards may be challenging to implement as we can’t predict the future and ethical standards will grow and change by generation
  • big data, machine learning, and AI opens totally new perspectives, and can promote open innovation and transparency
  • standards bodies such as RICS should ensure they can change at the same pace as the rest of the industry.

Last mile city logistics

Another important topic discussed has been the revolution of last mile city logistics. A joint RICS and DLA Piper event contributed to the discussion, with more than one hundred people registered to a very interesting panel session.

An increase in e-commerce in B2B, B2C and C2C markets has given rise to a greater number of challenges around urban freight: increasing use of public space, pollution levels, noise, road congestion and safety. E-commerce results in more, smaller, and time critical deliveries in cities. It’s clear that there is a need for improving urban freight.

Panellists speaking at the discussion highlighted some of the most important trends in last mile delivery:

Tina Paillet FRICS, Chair of RICS Board in Europe, highlighted the endless opportunities and options for consumers thanks to innovations in urban logistics. Robotisation downstream will impact e-commerce ready packaging, picking and sorting processes, transportation upstream and containerisation in the supply chain; operational excellence is necessary in the integral door-to-door supply chain.

According to Zalando, the internet of things is offering a huge amount of opportunity in delivery to consumers right now and automated cars follow and there is no turning back as new generations want to decide how and when to buy and get their deliveries on time.

Home deliveries, same day deliveries, time windows, delayed deliveries, alternative locations, unmanned pack-station at offices, stores and in public transport stations… and, customers want better, real time and predictive information about the actual delivery.

But is this model sustainable for cities, urban planners and investors?

RICS President, John Hughes FRICS, noted that cities are changing and adapting all over the world to the new demand and new regulation and new urban planning may follow. Car-sharing is a great option to reduce problems such as congestion, air pollution and lack of parking space.

Celebrating our 150th anniversary

RICS professionals representing a great variety of markets from all world regions joined our stand to celebrate the successes of a profession standing out from the crowd for its professionalism, integrity and contribution to important projects that have transformed the built environment for the benefit of society.