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Oct 13, 2016 1:51 EST

Wiz Maps is developing unique forecasting models and mobile data mapping technology that fixes the huge disconnect and risk between a property and the surrounding environment, which helps real estate professionals and businesses

iCrowdNewswire - Oct 13, 2016

Wiz Maps

Cupertino, CA 95014, US
Information Technology Services
www.wizmaps.com

Wiz Maps is developing unique forecasting models and mobile data mapping technology that fixes the huge disconnect and risk between a property and the surrounding environment, which helps real estate professionals and businesses, with local intelligence and frequently updated growth patterns of critical data like population and income growth.

Wiz Maps B2B SaaS GIS platform lessens the risk of investing in commercial real estate assets. Our predictive models and Big Data visualization and instant comparison tools, show why a market will go up or down in the immediate and 2-year future. $2.4 Trillion in mortgage debt is sold every year, Billions are at risk. Though predicting the future is difficult, Wiz Maps scours through 360,700 hyper-local neighborhoods, (updated weekly) – and gives Real Estate investors actionable tools to minimize that risk, with a highly scalable, easy-to-use, real-time, graphic interface.

The Problem of Today’s Technology – Current location search and commissioned based agent models assume two things (1) the buyer knows where they want to buy or invest and (2) by driving around or using stale yearly macro city (or MSA) data, buyers can learn about the local markets. These false assumptions lead to a long and laborious selling or buying cycle and extreme risk.

The Problem of Risk and Lost Opportunities – Current risk models are antiquated, filled with false assumptions, do not take into account local market conditions or trends, and fail terribly. Most critical location-based data is neither online, nor available to brokers or investors, in a usable format. Businesses need accurate local predictive models, to properly assess todays and tomorrows risk. Without knowing the future and what affects hyper-local markets, businesses and commercial real estate investors, are left uninformed, and the $15 Trillion commercial real estate market in the fog of risk.

The Solution is Wiz Maps and the right strategic business partners

Products / Services

Wiz Maps a SaaS Platform

We aggregate years of monthly datasets from 18+ reliable sources (e.g.: FFIEC, BLS, Havre Analytics etc.). We overlay this with hundreds of monthly variables like income growth, mortgage risk, new jobs index, population changes and others. We then build and test different predictive models on over 360,700 local markets, with combinations of advanced mathematical processes. This powers our unique technology, capable of delivering accurate local forecasts and the “reason why” for their up/down variance in the immediate 2 year future. We can then deliver this in a fast and easy to use graphic interface data mapping format online – in real time. We can also customize reports to specific client’s portfolio needs.

Prototype is built, video online explains one application.

 

Management

Chief Technology Officer
Eddie Godshalk

See LinkedIn

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue

 

Company Age Employees Sub-Industry
2 years, 9 months 0 Information Technology Services

 

Company Type Stock Exchange Stock Symbol
Privately-Held
Contact Information:

Eddie Godshalk

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