BusinessMirror

FDC, tech firm to promote innovation in property sector

- VG Cabuag

Gotianun-led Filinvest developmen­t Corp. (FDC) said it has partnered with a Silicon Valley tech firm to promote innovation in the Philippine property sector as it anticipate­s changes in consumer behavior following the three-month lockdown.

FDC has signed an agreement with Plug and Play to develop and promote new services for the real estate and smart living sectors through a collaborat­ion program with global start-ups.

FDC President and Ceo l. Josephine Gotianun-yap said she hopes that the partnershi­p will benefit Filinvest’s customers, employees and partners and solve “real business challenges.”

“For instance, i recently talked about how drone inspection of Filinvest projects and properties will allow us to perform checks of various locations while safeguardi­ng the health of our people. this kind of innovative and practical solution, along with other noncontact tech-enabled interactio­ns in our properties, will not only be helpful during this time when community quarantine are in place, but also in a post-covid-19 setting,” said Yap.

“We see that smart, digital technologi­es will drive the future of the property industry. We want to leverage tech as much as possible to transform our business, engage our customers and locators, as well as help make a lasting positive impact to the local communitie­s."

Filinvest’s entry into technology-driven investment­s and businesses started at the conglomera­te level last year, with the company rallying its top leaders to map out opportunit­ies in their respective units to help transform them into digital businesses.

Filinvest also formalized its intent to invest in technology-driven opportunit­ies by setting up a unit called f(dev).

Plug and Play was founded in 2006 and acts as a platform for start-ups and corporatio­ns to meet with each other. it has programs in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond.

With over 10,000 startups and 300 official corporate partners, it has created the ultimate start-up ecosystem in many industries—providing active investment­s with 200 leading Silicon Valley venture capitalist­s and host more than 700 networking events per year.

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