Big Data is a Game-Changer

We couldn’t have said it better ourselves, Ely Razin. There is power in big data; and that power is transparency. What is “big data”? It is large masses of data that can be captured, communicated, aggregated, stored, and analyzed. Collections of scores data have been around for years, but now it is changing the way we make business decisions. And it is transforming the ?commercial-real-estate game.  

Transparency in commercial real estate creates the ability to analyze all of the available information, offering valuable insight and enabling informed decision making. Companies, like us at Enriched Data, gather that data from multiple sources: crowd sourcing, public and private data sources, and industry professionals. And the property owners, investors, appraisers, property managers, inspectors, leasing agents, and brokers that need this “big data” are the ones who benefit.