Project description
New software to calculate property values faster
Advanced financial formulas are used to calculate the projected market value of commercial properties. This is a tricky, time-consuming and very costly process. The market requires fast evaluations and accurate financial reports. The Exquance Automated Valuation Model (XQ AVM) is an advanced software that offers a quick financial calculation for real estate. It also reduces costs by 95 %. The EU-funded XQ AVM project targets this estate industry. Based on a SaaS (Software as a service) business model, it operates on a subscription basis and offers direct information to customers. The XQ AVM is slated for the markets in Asia and the EU.
Fields of science
- natural sciencescomputer and information sciencesdatabases
- social sciencessociologyindustrial relationsautomation
- natural sciencescomputer and information sciencessoftwaresoftware development
- social scienceseconomics and businessbusiness and managementbusiness models
- natural sciencesbiological sciencesecologyecosystems
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1
Coordinator
00530 Helsinki
Finland
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