02 Dec '16, 8am

5 ways Big Data is disrupting Singapore’s property market: Do you know that our property industry is facing a major… https://t.co/lt6lE9KcNq

Do you know that our property industry is facing a major disruption? And Big Data will be playing a major role in this disruption, similar to what is happening now in the finance, media, healthcare and manufacturing sectors? What’s the big deal about Big Data? In the age of IoT (Internet of Things), the transfer of data among connected devices is much more complex than humans can handle. Big Data is the capture and analysis of huge amount of structured or unstructured data to discover trends or patterns useful to organizations. We generate new property data every day from different public or private sources – land sales, new projects, property listings, sales transactions, rental contracts, management fees, property taxes, housing loans, etc. How can we capture, integrate and analyze all these data to provide actionable insights in real-time? How can we offer transparent i...

Full article: http://thefinance.sg/2016/12/02/5-ways-big-data-is-disrup...

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