Through The Looking Glass: 2017 Tech!

June 6, 2017
what is proptech

Technology moves and develops at such a rapid rate. We thought that we’d slow the pace down for just a moment and take a glance at the most prevalent ‘tech trends’ to date this year …

VIRTUAL AND AUGMENTED REALITY

Virtual and Augmented Reality are becoming more widely available to consumers through hardware, games and apps. Also, a wide range of industries, businesses and brands are realising the capabilities of this technology. Virtual Reality (VR) has the power to enhance numerous life experiences, from shopping to travelling, learning to healthcare and well-being.
The healthcare industry is currently exploring these technologies to train medical students, provide therapy to patients, and contribute to the rehabilitation of stroke, spinal-cord injury and amputee patients. In addition, the property sector is embracing VR as a revolutionary tool for marketing property through virtual open houses and 3D experiences from the comfort of agent showrooms. The use of VR in property is already a $1bn industry globally, and Goldman Sachs estimate that is set to treble by 2020.

2017 is a great time to explore a whole new virtual world of entertainment, information and communication, as thousands of developers, games designers and film-makers explore the medium of VR and its creative potential.

SMART HOMES

The smart home has arrived …turn up the heat, dim the lights and cue the music, all with the touch of a button or a voice command. The internet is gradually making its way into everything from appliances to thermostats, and you’ll soon be able to control most things in your house from your phone.
Some of the smart home gadgets on the market can be a little complex and pointless. But a number of them blend into normal life, providing safety and security, accessibility, energy efficiency, environmental responsibility and a reduction in running costs.

Current smart home gadgets available include voice command systems, smoke detectors, lighting, thermostats, security systems, electricity switches, kitchen appliances (e.g. kettle) and hoovers! They are all designed to to fit in with daily routines and make your home work ‘smarter’. How did we ever live without them?

MOBILE PAYMENTS

Consumers are increasingly looking for tools that make moving and managing money more convenient and mobile seems to be the solution! The uptake of mobile payments is gradually increasing driven by consumers’ desire for an improved retail experience and their need to be cashless.

It is becoming increasingly apparent that mobile payments have the ability to transform the retail experience. Alongside the simplicity of payment, there are numerous benefits for shoppers: avoiding queues, centralising loyalty rewards, checking stock, ordering ahead, enjoying customised offers and easy price comparison. So, prepare to leave your wallet at home and remember your smartphone when shopping!

WEARABLES

As technology becomes smaller, smarter and integrated into everything, wearing it has become a social standard. Whether it’s smart watches, fitness trackers or smart clothing, the tech you can wear to keep tabs on your health and fitness levels is more popular than ever.
The new age of wearable technology is laden with smart sensors, and makes use of a web connection (e.g. Bluetooth) to connect wirelessly to the users smartphone. The sensors connect to ‘you’, to help track your fitness, activity, weight loss, sleeping patterns and even your daily organisation.

The rapid growth of digital devices promises far more powerful and cost-effective wearable technology in the months and years to come.

Where ‘tech’ is concerned, the future is full of unlimited possibilities!  Are you ready to embrace the changes ahead..?

Shared by Touch Right Software

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Letting Agent Talk

8,500 tenanted homes currently on the market

8,500 tenanted homes currently up for sale as TLP highlights importance of clean client money handovers   More than an estimated 8,500 homes are currently being marketed for sale with tenants in situ across England, according to the latest analysis by The Letting Partnership, presenting landlords with the opportunity to acquire an investment generating rental…
Read More →
Estate Agent Talk

Which property types take the longest time to buy?

From complex flats and shared ownership homes to new builds and unusual titles, Lyons Bowe reveals which properties can create the biggest conveyancing workload   The latest insight from Lyons Bowe has revealed which types of property are most likely to require the largest and most complex conveyancing workload, potentially adding more stages to the journey…
Read More →
Commercial Agent Talk

Building Site Accidents and Compensation: A Guide for Injured Workers

One mistake, one faulty piece of equipment and an unsafe working setup could cause a construction laborer much more than just aches and pains. One injury can result in medical costs, showing up on working days, reduced income and a path to long recovery. Under certain circumstances, the workers may be entitled to get compensation…
Read More →
Estate Agent Talk

First-Time Buyers: Why 4–5 Houses is the Sweet Spot

House hunting before the stress kicks in: Four to five houses is the sweet spot for first-time buyers Just 20% of us feel excited on a first property viewing, rising to 47% by viewings 4 to 5 There’s a U shape trajectory of excitement when it comes to the viewing process However, there is a…
Read More →
Breaking News

Two in five mortgage holders switched banks for a better mortgage deal

Of those who have a mortgage and switched banks, 41% did so to get a better mortgage rate deal and 30% did it to receive an incentive related to their mortgage Only 15% of people moving home switched their bank account during the move, while far more switched broadband (46%), energy (38%), and mobile phones…
Read More →
Breaking News

Housing market trends highlight a changing landscape

The housing market has seen many challenges across the year to date and, in many ways, the property landscape has been a year of two extremes already.   At the start of the year, there was a quiet but optimistic consumer confidence in the air.   However, with the global economy impacting almost every aspect…
Read More →