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Data and technology

Technology is developing at lightning fast speed, and with it comes challenges as well as opportunities.

Recent RICS research has emphasised the pace of technological change that is powering the digitisation of the built environment through blockchain, digital twins and other platforms.

Much of the drive to capture, verify and share this information is coming from organisations outside of the traditional property.

We want to position ourselves as a hub that has the credibility to bridge between the tech sector and our profession.

Our Data and Technology Action Agenda

  • Developing an overarching approach to proptech innovations, building on our existing Tech Affiliate Programme
  • Launching a tech partner recognition scheme
  • Positioning ourselves as a safe harbour for global data sharing through a proposed data partner solution

Looking ahead, we will make the best use of leading technology, big data and AI to equip the profession with a smarter, more agile assurance regime. We will deliver excellence in the profession by:

  • providing global, real-time updates to members on areas of professional risk or liability
  • undertaking pre-emptive regulatory activity
  • promoting professionalism through proactive assurance
  • supporting intuitive lifelong professional competency and business development support

Download the Futures report to read RICS' full agenda for effecting change and responding to the biggest issues facing the natural and built environments

RICS Futures Report 2020

 

Read our latest insights

"It is critical for our profession to be able to understand and utilise data effectively"

Technology has its limits and our professional judgement will continue to be vital

The drive for better connectivity will bring opportunities and risks for the profession