Telia and CHAOS have formed a partnership to explore joint development of valuable insights for the real estate sector. By using data and forecasted insights from CHAOS regarding location, urban infrastructure and people, together with Telia Crowd Insights (anonymous and aggregated movement data from the mobile network which shows crowd movement patterns), CHAOS and Telia will be able to increase the value for their customers.
The goal of the partnership is to strengthen existing insights produced by Telia and CHAOS, and to develop new insights and scores of both companies by applying CHAOS’ machine learning algorithms to Telia’s mobile network data.
The insights will serve commercial real estate developers to better allocate investments and plan commercial objects (shopping malls, business centres etc.) aligned with the needs and behavioural patterns of crowds categorised by different parameters, like location and time. These kind of insights on mobility and people flows will also offer actionable insights for better, more sustainable and environmental planning of transportation hubs and infrastructures.
About Telia:
Telia Company is a multinational telecom company founded in 1863. Telia is listed in listed Nasdaq Stockholm and Nasdaq Helsinki and present in Sweden, Finland, Norway, Denmark, Lithuania, Latvia and Estonia. Telia Crowd Insights are based on aggregated and anonymised mobile network data. Only grouped movement patterns are used, and the data is irreversibly anonymised. This means individuals cannot be identified as all personal information is removed and it is fully GDPR compliant.
>>> Read more about Telia Crowd Insights
About CHAOS:
CHAOS architects Oy is an urban analytics and forecasting company for real estate investors and developers. CHAOS merges urban databases and crowd insights to analyse and predict investment and development opportunities for creating liveable cities. Through combining different types of urban data, CHAOS is able to produce unique urban indexes to detect the patterns and forecast development and market trends.
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