Innovation and Disruption in the Real Estate Industry by David Eaves

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future is already here it’s just not very evenly distributed - william gibson Tuesday, April 5, 2011

description

David Eaves talk from the 2011 Canadian Real Estate AGM

Transcript of Innovation and Disruption in the Real Estate Industry by David Eaves

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future is already hereit’s just not very evenly distributed

- william gibson

Tuesday, April 5, 2011

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UsefulNecessaryUbiquitousEasy to use

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ObsoleteImposed

Location specificCumbersome

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UsefulNecessaryUbiquitousEasy to use

ObsoleteImposed

Location specificCumbersome

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•Open and Accessible Data - the City of Vancouver will freely share with citizens, businesses and other jurisdictions the greatest amount of data possible while respecting privacy and security concerns;

•Open Standards - the City of Vancouver will move as quickly as possible to adopt prevailing open standards for data, documents, maps, and other formats of media;

•Open Source Software - the City of Vancouver, when replacing existing software or considering new applications, will place open source software on an equal footing with commercial systems during procurement cycles;

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data as platform

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GPS

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Precision Bombing

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Mining Equipment

Four Square

LocatingRescue Workers

Precision Bombing

Google Maps

Aircraft Positioning

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UsefulNecessaryUbiquitousEasy to use

ObsoleteImposed

Location specificCumbersome

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Gate keepers?

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your world is about to get

OPENTuesday, April 5, 2011

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three predictions

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1.things are about to go J-shaped

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bigger winners, bigger losers

the bad will be more exposed

small differences = big differences

more nichesTuesday, April 5, 2011

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2.value ≠ access

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but then it never did

value =deeper analysisengagementconsulting

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information platform?

Your monopolyor someone else’s?

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3.No one in this room will want to change

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collapse of complex societies

&

innovators dilemma

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Lifestyle management

MLS

Amenity assessment

Home locating

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20 Employees$150M in Revenue

(and possibly much higher)

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CREA depends on a membership.

What if that membership shrank?

Radically.

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