Matterport has launched a new suite of artificial intelligence features for its digital twins — Property Intelligence. This new suite of insight-driven features and automation, along with new plugins and add-on updates, leverages years of innovation in spatial data and AI to unleash the power of next-generation digital twins. It automatically displays detailed property information and insights for faster, more informed decisions, and revolutionizes real estate analytics, offering an ideal solution for enhancing marketing, design, construction, and facility management!
On February 15, 2024, Matterport released many groundbreaking features in its Winter 2024 edition, representing the latest innovations and AI in the Matterport digital twin platform. The feature suite is called — Property Intelligence, a series of AI-driven features that enable customers to access automated measurements, layouts, edits, and reporting functions for property digital twins generated by Matterport. Property Intelligence is the result of years of advancements in spatial data, computer vision, and deep learning. By harnessing the power of Matterport's automation and AI, it unlocks property information and data that has never been so easily accessible. These new features enhance the company's real estate marketing, design and construction, and facility management solutions, enabling the automation of key elements of home listings, construction projects, and factory floor operations, marking a significant milestone in the development of smart technology for the future.
"From day one, our mission has been to fundamentally change how people understand and view the built world. Our 3D digital twin technology has set the industry standard for virtual tours, and now we are providing customers with unprecedented information and customization capabilities for any type of property around the world," said RJ Pittman, Chairman and CEO of Matterport.
Over a decade ago, when Matterport embarked on this journey, it sought to change the way the world experiences spaces or locations, whether living or working. Matterport's digital twin technology quickly became the industry standard for real estate marketing, allowing anyone to virtually tour properties from anywhere in the world.
Since then, they have continuously evolved their platform to provide customers with diverse solutions across the entire real estate lifecycle, from design and construction to facility management, creating tools that enable remote collaboration and improve efficiency in industries traditionally reliant on face-to-face communication.As Matterport advances to the next generation of digital twins, they are enriching their platform with intelligent features and insights designed to help customers better understand properties and make decisions — whether you're listing a new home for sale, managing a construction site, or reconfiguring a factory floor, Property Intelligence, this new feature, helps you achieve your needs efficiently and directly.
"Globally, Matterport facilitates nearly a billion virtual tours annually, allowing people to visit their potential dream homes, manage retail chains, or remotely operate their manufacturing facilities. Our advancements in AI, automation, and property insights save customers valuable time, helping them make more informed business decisions and better serve their clients," said RJ Pittman, Chairman and CEO of Matterport.
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Matterport Property Intelligence is Now Generally Available to All Matterport Users
Matterport Property Intelligence is a new suite of insight-driven features representing years of advancements in AI and data science that automatically display detailed information about properties.
With Property Intelligence, Matterport users can now instantly access critical property information – from automatically calculating a space’s square footage, to determining ceiling heights and wall dimensions, to exporting data for MLS listings, all from within a Matterport digital twin.
Real estate agents typically spend 30 minutes to 2 hours manually measuring room dimensions within Matterport models and inputting them into Multiple Listing Service (MLS) systems. Meanwhile, contractors can spend up to 10 hours using Matterport models to capture relevant measurement data.
Matterport users can start utilizing the automated features of Property Intelligence at no additional cost. Explore the Matterport products below or contact us at the bottom for more information!
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The features of Property Intelligence are as follows:
Property Intelligence is Here
Gain AI-driven insights to better understand your property and streamline the process of buying, selling, or managing a property.
Room Dimensions and Labels
Instant, Accurate Measurements
Accurate room-by-room measurements are one of the most common and time-consuming requests from potential homebuyers to understand if a property suits their needs. Now, when you create a Matterport digital twin, every wall in every model (including ceiling height) is automatically measured to help you truly grasp the scale of the space. Common rooms are also automatically tagged, with Property Intelligence capable of identifying over 20 different space types, such as kitchens, offices, bedrooms, closets, and more.
Property Layout
Easily Editable Property Layouts.
Instantly view your space layout. Every room can be fully edited with simple click tools, allowing you to re-imagine a space and watch measurements recalculate as you adjust. Instantly view your property's layout. Easily switch between 2D and 3D views of the space with a single click, including labeled room names, walls, etc. Every room in Property Layout can be fully edited with simple click tools to adjust walls, openings, and room names. Easily add or remove doors and windows, move walls, or adjust rooms - measurements update in real-time with every change.
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Property Report
MLS-Ready Property Data.
Access property information that can be seamlessly printed and imported into marketing materials. All work done in "Property Layout" is instantly updated in the "Property Report," which is a useful printable view of new property information, including layouts and a complete analysis by room, floor, and total property – all of which can be seamlessly imported into the Multiple Listing Service (MLS) or used for marketing materials such as property listing flyers. For Matterport customers with a Professional plan and above, property reports can be shared and exported, while customers who have purchased Matterport API access can further save time by integrating data from Property Intelligence into their daily workflows and systems, such as multiple listing services, to fully utilize their property data.
For real estate marketing professionals, these enhancements provide new insights into property potential, eliminating buyers' reliance on time-consuming on-site visits and additional back-and-forth between buying and selling agents. For agents, in-depth data helps accelerate home sales with an instant, at-a-glance overview of the property, while saving time on MLS data entry.
For design, construction, and facility management professionals, this information will help optimize the functionality of spaces, from guiding development to supporting renovation cost estimates, and evaluating properties at scale.
Matterport users can try out these new Property Intelligence features for themselves by logging into the Matterport app, or for new Matterport users, they can try them out via the interactive Matterport demo on the Winter 2024 release page (scroll down to "Try New Feature" to try).
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Introducing Showcase Plugins: Minimap, Compass, Business Cards, and Quick Links
Plugin Introduction
For the millions of visitors who access Matterport 3D spaces every month,
Matterport is introducing a new set of features, Showcase Plugins, making connection and navigation easier and more useful than ever before. Enable new features in your Showcase to improve users' digital twin experience.
Business Cards and Quick Links
Business Cards
Enhance the visitor experience by integrating scalable business cards that display key contact information. For example, this could include agent or broker details for a property for sale or lease, or a hotel's reservation desk.
Quick Links
Add images and links to a corner of your digital twin for quick and easy access to content. This could be adding a menu for a restaurant, booking times for museum tickets, a donation button, and more.
Each plugin can be used individually or together and can be customized in terms of size and position within the space.
Compass and Minimap
Help visitors intuitively navigate large spaces with new visual cues, easily and precisely in large areas like golf courses and construction sites.
Minimap
Contextualize your position in large spaces for easier navigation in extensive areas such as construction sites, commercial buildings, or large properties. The minimap can be customized in different sizes and shapes, and can also be placed in any corner of the screen.
Compass
For spaces where directional context is important, the compass plugin allows viewers to navigate the digital twin more clearly, indicating which direction is north relative to their viewpoint. This is particularly useful for construction and development, as understanding factors like daylight, wind, and other direction-influenced elements can further deepen a viewer's understanding of the space. Like the minimap plugin, the compass comes in various styles and sizes to suit user preferences.
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Floor Plan Enhancements
Matterport to better serve real estate agents and marketers, has upgraded its RICS standard schematic floor plans to enhance property listings, increase revenue per job, and kickstart projects with streamlined layouts. Matterport's popular and affordable 2D floor plans, previously only available in black and white, now offer more customization options. Customers now have choices for color floor plans, branding, multiple languages (e.g., English, French, German, Spanish), and the option to add or remove furniture.
The new floor plans are not only a simple way to attract qualified buyers ready to make an offer, but also save on-site visit time by being created directly from 3D tours, with no extra visits required!
CAD File Add-on Now Generally Available
The beta version of the Matterport CAD file add-on, released in December 2023, is now available. This add-on converts Matterport digital twin point clouds into AutoCAD-ready 2D floor plans of any space (in various formats, including DWG and DXF files).
Matterport CAD file plugin is now available to Professional plan customers and above, this add-on introduces powerful CAD file export capabilities, providing users with an alternative to tedious manual documentation of as-built conditions, repeated site visits to gather missing information, and manual file tracking, offering a seamless solution for construction and design teams - to address the traditionally labor-intensive tasks of documenting existing conditions and manually tracking files, greatly saving time and resources. The CAD file plugin streamlines the as-built documentation process and accelerates project timelines.
Customers can choose from four different output options to suit their needs:
• Interior Furnishings
• Power
• All of the above
Looking Ahead - Project Genesis
Matterport has become synonymous with digitizing and documenting physical spaces. But starting in 2024, Matterport will empower you to reimagine the future of any space!
Matterport combines its decade of machine learning and AI experience with the power of new generative AI tools to create Project Genesis — a Generative AI version that brings new design and furniture ideas to life with the click of a button. This version leverages the organization's experience in machine learning and AI to automatically reimagine and redesign spaces within digital twins. Initially, customers will be able to declutter an entire space of furniture, remove items from a property, or tidy up clutter. Next, customers will be able to use AI-generated interior design styles and furniture to reimagine the entire property.
Whether you want to see a space without any furniture, a space tidied of non-furniture items, or remove objects one at a time — Matterport's Project Genesis will provide several easy-to-use tools that allow anyone to reimagine a space with this technology, leading the transformation of digital twins and the built world itself.
Decluttering is just the beginning. More generative AI-integrated features are coming soon to their digital twin platform, automatically enhancing property design, layout, and utility through Matterport.
Since our founding as a spatial data pioneer company, we have continuously innovated, completely transforming virtual tours — adding countless groundbreaking features, functionalities, and 3D capture magic to every digital twin.
Matterport's next-generation digital twins, launched in 2024, include new insights, automation, integrations, and plugins, all available to Matterport customers today!
Want to learn more about Matterport products? Click below to contact us!
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