CHAOS News
Data-Driven Decision-Making is Part of treco’s Identity
treco leverages the transparency and precision provided by CHAOS’ data, particularly in rental pricing and predicting trends in the housing market.
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.
The partnership between the two companies will focus on the following development aspects:
- Developing a new unique urban insight, Urban Vibrancy, which will be able to forecast how vibrant an area is based on Telia Crowd Insights and CHAOS Assets™ and crowd insights.
- Continuing development of CHAOS Living Convenience score by combining it with Telia Crowd Insights. The goal is to help developers identify the service needs of the city, evaluate the type of services that will be needed in the future and determine how service provision will affect the living convenience of neighbourhoods for different demographic cohorts.
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.
If you liked this article, subscribe to our newsletter and get more updates like this!
Related posts
CHAOS News
Finnish AI Company Becomes Global Champion 2019 in the Category Government & Citizen Engagement according to the World Summit Awards in the framework of United Nations
During the Global Congress Gala in Cascais, Portugal, CHAOS has been acknowledged as the global champion 2019 in the category Government & Citizen Engagement according
CHAOS News
CHAOS Year: Wrapping Up 2018 and Embracing 2019
What is the best thing about the end of the year? Yes, it is reading the end of the year blogs and reflecting together on