Through The Looking Glass: 2017 Tech!

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

Breaking News

The UK towns boasting +80% house price growth amid nationwide drop

For the first time since 2023, UK house prices have dropped. However, many areas are bucking the recent news, with strong growth overall in the last 5 and 10 years. The cash house buyers and property experts at Sell House Fast have compiled ‘The Property Prosperity Index’, revealing the best places to buy and sell property…
Read More
Estate Agent Talk

London remains destination of choice for international property wealth

The latest research from London lettings and estate agent, Benham and Reeves, has revealed that London accounts for 43% of all property titles owned by overseas companies across England and Wales, highlighting the capital’s enduring appeal as an international property investment destination. Benham and Reeves analysed the latest Land Registry Overseas Companies Ownership Data to…
Read More
to let sign 2025
Breaking News

First drop in rental supply in three years pushes rents higher

Rental growth set to accelerate to 4–5 per cent by the end of 2026 as higher mortgage rates keep would-be buyers renting for longer, reducing rental supply UK rents are 2.6 per cent higher in the 12 months to July 2026, up from 1.6 per cent in February and are on track to reach 4-5…
Read More
Breaking News

Breaking Property News 13/9/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Sourced Living Chooses Genifea AI to support its branch network and its clients Sourced Living, the lettings and estate agency network of Sourced Property Group, has chosen Genifea to handle customer enquiries across its branches — in what is also the London-based platform’s first…
Read More
Rightmove logo
Breaking News

Back-to-school buyer bounce outpaces typical September uplift

New real-time analysis from the UK’s largest property platform Rightmove reveals that buyer demand received a stronger than usual back-to-school boost during the first week of September Buyer demand increased by 5% during the opening week of the month, significantly higher than the average increase of 0.4% seen over the same period during the last…
Read More
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