As part of its ongoing Technology Transformation Initiative (TTI), property data and analytics firm CoreLogic is teaming up with big data solutions provider Pivotal Labs to launch CoreLogic Innovation Labs, an incubator for the development of new technology platforms, applications, analytical models and solutions for the real estate industry.
As per a company press release, Innovation Labs will initially be collocated with Pivotal in its Santa Monica, Calif., facility. The main focus of the initiative will be on the development of new mobile applications.
‘The creation of CoreLogic Innovation Labs is a major next step in our TTI program,’ explains Anand Nallathambi, president and CEO of CoreLogic. ‘We are moving from a focus on optimizing our technology infrastructure to facilitating future growth through the development and launch of innovative and mobile-enabled applications and services.’
‘We believe CoreLogic is poised to accelerate the development of differentiated data and technology solutions for our clients,’ Nallathambi adds.
Edward Hieatt, vice president at Pivotal, explains that through the initiative, ‘CoreLogic will leverage the practices shared by Pivotal and spread those skills across the rest of their development teams to increase the speed at which they deliver business value.’
‘Over the past year, we have established a great business relationship with Pivotal which has already resulted in the development and delivery of two new products, CondoSafe and Leasing Manager, both of which have attracted considerable interest and buy-in from CoreLogic clients,’ says Frank Martell, chief operating officer of CoreLogic. ‘CoreLogic Innovation Labs integrates Pivotal's industry leading development practices and technical expertise with the unmatched data assets and domain knowledge of CoreLogic to create compelling new digital and mobile-enabled analytical insights and services that extend our client value proposition in property and insurance.’