Shining the Light on Location Data in PropTech
The UK’s Geospatial Strategy 2020 – 2025 highlighted huge potential for location data in the construction industry to improve planning, build and management within national infrastructure, from informing where our future broadband and 5G networks need to go, to planning new housing developments. Analysis from 2018 suggests that more accessible and better quality location data in infrastructure and construction could be worth over £4 billion per year¹.
Geospatial technologies are a critical component of smart city operations, with precise mapping data being used before, during and after a construction project. Geospatial construction, or ‘geoconstruction’ uses data from a wide range of focal points such as location, population, and environment, to influence the design and construction of a building to save, time, money and reduce waste.
In fact, the construction and property industry in the UK is already testing new ideas as to how to best use these different types of data. For example, The London Borough of Waltham Forest has been exploring how location data could be used to help planners make better informed decisions. Having been awarded a grant, Waltham Forest has been looking into the potential for satellite imagery to help identify various stages of building construction, to help monitor the progress of housing developments. The borough is also testing the effects of earlier allocation of Unique Property Reference Numbers (UPRNs) to a development site, to help build and maintain a complete timeline of development.
LDS is co-delivering an event on 23rd June from 10:00 – 11:30 in partnership with Scottish Development International (SDI), European Space Agency (ESA), Enterprise Europe Network (EEN), CENSIS and Construction Scotland Innovation Centre (CSIC) that will shine a light on technological solutions and funding support designed for the property market that currently rely on Location Data to enhance the built environment. Register here.
Key industry experts will share their personal and organisational journeys, demonstrating their contribution to Scotland’s wider digital transformation, while highlighting technologies with the potential to disrupt standard practice.
Simeon Oxizidis, IES – at the forefront of the development and application of powerful software simulation tools and consulting services for architects, engineers and others involved in the design, development and management of truly sustainable buildings.
Gordon Mitchell, Key FM – one the longest established facilities management businesses in the UK.
Falk Bleyl, Utopi – a leading data integration and IoT platform for Real Estate – creating smart assets that are sustainable, efficient, and safe; they are creating the future of smart, sustainable buildings.
Simon Tricker, Urban Tide – Smart City Data Experts born from creating the UK’s first Future City and we are making a sustainable world with AI. They were formed in 2014 from the team that bid, planned & delivered Innovate UK’s £24M future cities demonstrator for Glasgow (futurecity.glasgow.gov.uk).