PropTech Innovation Challenge 2024
The Swiss PropTech company Optiml has won the PropTech Innovation Challenge 2024. The ETH spin-off impressed the jury with an AI-supported solution for the decarbonisation of buildings. The solution offers scalable, efficient strategies for meeting net-zero targets and sets new standards in investment and renovation planning.
On 19 November 2024, the Swiss start-up was named the winner of the PropTech Innovation Challenge 2024 by the Urban Land Institute (ULI) at the C Change Summit in Barcelona. The competition, which is aimed at leading innovators from the property and technology world, was held this year under the motto of reducing Scope 3 emissions. These emissions, which are generated along the entire value chain, are considered one of the biggest challenges facing the property industry.
The challenge initiated by the Young Leaders was looking for pioneering solutions that can be implemented regionally, are scalable and sustainable. Particular attention was paid to retrofitting, the circular economy and the integration of ESG platforms.
AI meets decarbonisation
The ETH spin-off presented an AI-supported SaaS solution that supports asset managers, investors and consultants in the decarbonisation of building portfolios. The software creates precise, time-coordinated and cost-optimised renovation plans for property portfolios. This enables the industry to comply with strict net-zero targets without having to resort to inefficient, manual approaches.
The expert jury particularly praised the scalability and efficiency of the solution, which makes it possible to implement complex investment and renovation strategies with minimal effort. The company is thus setting new standards for the reduction of carbon emissions in the property sector.
A look into the future of the industry
The PropTech Innovation Challenge shows how important innovative technologies are for the future of the property industry. Solutions play a key role in achieving sustainability goals and leading the industry towards a more climate-friendly future. With its combination of high-tech and practical applications, the company offers a tool that not only increases efficiency, but also strengthens collaboration between stakeholders.
The success at the PropTech Innovation Challenge 2024 is a clear signal of the relevance of technological innovations in the property sector. The start-up’s AI-supported solution underlines how sustainability and profitability can go hand in hand. The industry is facing a paradigm shift and the company shows how this can be successfully shaped.