Diversification Is Not Innovation & Venture Capital Is Not Private Equity

In 1955, 500 companies featured on the first “Fortune 500” list. Only 12% of those companies survive today. Sixty four years is not an eternity. We carry memories and lessons from the wars of another generation but often forget the changes that defines survival within our own. Moreover, the velocity of change has accelerated with time. A report released by “Innosight” in 2016 confirmed that

“The 33-year average tenure of companies on the S&P 500 in 1965 narrowed to 20 years in 1990 and is forecast to shrink to 14 years by 2026.”

This means that half of the companies which are on the S&P 500 today will be replaced within a decade by a new entrant.

The ability to change and adopt to new trends is not a matter of growth but that of survival and the real estate industry is slowly coming to this realisation. A new movement called “ Proptech” has become the buzz word for the industry. By definition, Proptech is the intersection of the property and technology built to propel the industry forward. But the label has now expanded to include any new changes that are seen in the traditional model of real estate investing. From Co-working spaces to photographing drones, the entire gamut of any changes to the industry is now collected within the larger context of “Proptech”. The acceptance of Proptech into the industry is a welcoming phenomenon but it has created a new dilemma. In order to achieve this acceptance and short term wins, the direction of innovation is being held back due to the bias that the industry has towards innovation.

Continue reading “Diversification Is Not Innovation & Venture Capital Is Not Private Equity”

Not All Chatbots are Smart

In the summer of 2012, my mother sent me a text message saying it was urgent that I call her back. I was curious as to which existential crisis needed resolving and called her back.

“Tripty, what is a phone with Whatsapp called?”, she said. At which point I responded like anyone with a generation gap with someone asking this question would respond- “ An Iphone?”

“No, what is the phone actually called. I don’t want the expensive Iphones. “.  “ An Android?” , I said.  She continued to be very perturbed and asked  “ What is a smart phone then? Which is the smart one with whatsapp on it? “

Continue reading “Not All Chatbots are Smart”

Why Real Estate must learn from the mistakes of the banks

Financial services and retail industries are obsessed with single customer view. Having a holistic view of your customers and being able to provide them great customer experience – with good reason – you hate having to answer the same questions 1000 times!

The last 15 years has been a relentless drive for better customer experience, increased sales and better customer retention through data. So why is the real estate industry so behind, why do we not share this obsession with consolidating our data and leveraging its value? How can we learn from other’s mistakes and find a new source of competitive advantage?

Continue reading “Why Real Estate must learn from the mistakes of the banks”

Travtus nominated in first ever EG Tech Awards

The EG Tech Awards celebrate’s both the tech firms powering the digital innovation taking place in the real estate sector and the property firms that are working hard on their own transformations.

EG is recognising the property companies embarking on their future-proofing strategies and the tech firms that are enabling this all-important shift at a single event.

And Travtus has been nominated!

Defining Alpha in the World of Real Estate Technology

In the world of investing and portfolios, the term Alpha is used with a lot of gravitas. It often conjures up images of the Wolf of Wall Street. Intelligent men in suits taking home multimillion dollar bonuses with a life exemplified by models and bottles. Alpha is a quality that is aspirational and inspirational. In the economic definition of the word it is what makes someone’s performance exceptional. Alpha is the secret sauce of a winner. It is what makes them stand above the rest.

In portfolio return analysis, all excess returns are attributed to two coefficients an Alpha or a Beta. While beta is the well-established coefficient for risk and volatility which has now been defined as a science, alpha still is just calculated based on the difference between the what was achieved and expected. A bit like a filler. Alpha is what goodwill is on a balance sheet. A number that helps us define the unknown.

The question is, how real is Alpha?

Continue reading “Defining Alpha in the World of Real Estate Technology”

The Power of Predictive Maintenance


With so many tenants and units to manage, requests, repairs, complaints, staff management, cleaning, apartment turns… It can be easy to get lost in the every day, easy to be blinded to the underlying problems and to focus on treating the symptoms.

By doing that however you’re at risk of neglecting your biggest asset – your properties.

By automating your processes through Travtus, every day you’re capturing huge amounts of data on your maintenance operations. Every time a tenant makes a request, every time your workmen check in to or out of a job you’re capturing valuable information that when analysed can reveal invaluable insight in to the health of your buildings and the performance of your staff.

With advanced analytical tools you can use that data to see patterns, patterns that help you see through the day to day noise and understand where you can invest wisely to improve the health of your properties and performance of your team.

Continue reading “The Power of Predictive Maintenance”

Manage Maintenance Better

Managing maintenance work can be exhausting. Bombarded by a mountain of information, new tasks all around us as well as managing tenants, supers and compliance. Technology used right can help. Travtus can help.

Property management software allowed managers and service providers to improve the way they work and the experience they give to tenants. Maintenance however, has been long ignored, still represents an opportunity for process improvement, cost savings and bringing direct value improvement to your property portfolio.

Continue reading “Manage Maintenance Better”