May27, 2021, Insightt, a leading management consulting company that specializes in innovation within the real estate industry announced a new strategic partnership with real estate's leading visual intelligence company, Restb.ai. This new partnership will test the effectiveness of Restb.ai’s photo-based artificial intelligence models in the Canadian real estate market and determine the ways in which A.I. can enhance the property search experience. The companies have already conducted a preliminary analysis of more than 2 million photos within the Greater Toronto Area that has demonstrated promising results for leveraging artificial intelligence that will enable users to more efficiently discover and find properties.
“The results from analyzing the Canadian market's photos have been exciting and demonstrated similar results to what we have seen in other countries that are currently leveraging our photo-based AI solutions,” commented Nathan Brannen, V.P. of Product at Restb.ai. "We are thrilled to partner with Insightt and their expertise in the Canadian market has been essential to help us test and enhance our models to more effectively address and solve the problems faced by Canadian real estate companies."
“We are excited to partner with Restb.ai since we see photo-based artificial intelligence as a game-changer in the Canadian real estate industry," said Brian Bell, Founder and Practice Lead of Insightt. "The ability to search for properties based on architectural styles, interior finishes or key home features is a major breakthrough in the property search process, which is why we have invested so much time and effort beta testing the Restb.ai solution," added Bell.
The companies have collaborated on the launch of a demo website to showcase how photo-based artificial intelligence can be used to identify modern architectural homes, modern interiors, stunning kitchens and backyard oases. Users can even upload their favourite property photo from their camera or sites like Pinterest and search the Greater Toronto Area for properties that are visually similar. To view the live and interactive website, click here.
Restb.ai isa computer vision company specializing in image recognition for real estate. Restb.ai’s plug-n-play solution identifies, categorizes, and delivers results on property-related images with an accuracy of up to 99%. Their solutions push the boundaries of machine learning and are designed from the ground up to accurately recognize complex concepts within a real estate context. Learn more at restb.ai.
Insightt is a leading management consulting firm that helps companies accelerate innovation and achieve next-level growth. Their knowledge and expertise in the real estate and financial service industries give them a competitive advantage to help clients successfully launch new and innovative solutions more efficiently and cost-effectively. Insightt also publishes research reports on new trends and solutions that are impacting the real estate industry to give our clients the insights they need. To learn more about Insightt, visit insightt.ca.