EagleView, a provider of aerial imagery, announced the launch of its new property data ecosystem.
The ecosystem has more than 60 petabytes of asset data derived from high-definition aerial imagery. EagleView’s property data ecosystem includes roof measurements and attributes like property and roof condition, structure identification, and solar suitability information at a parcel level. The data is extracted using artificial intelligence.
“We have a significant data warehouse of accurate asset intelligence with data derived from 25 years of proprietary aerial image capture,” EagleView CEO Piers Dormeyer said in a release. “In addition to leveraging our 3 billion images that cover more than 94 percent of the U.S. population, we’ve formed best-in-class property data alliances to supplement and enhance our offering. Now is the right time to make this unrivaled property intelligence resource available to the market and let innovators scale the possibilities.”
The property data ecosystem is further augmented by alliances with strategic analytical providers who broaden the depth, scope, and utility of the data extracted from EagleView’s imagery, according to the company.
Tools can then be accessed by customers directly via the provider’s API integration into their proprietary systems, workflows, and decisioning models.
Mortgage lenders and home equity lenders can help automate and streamline underwriting processes with precise property data including roof age, roof condition and property condition insights to inform decisions. Property managers, real estate brokers, portfolio managers, and private equity firms can use EagleView’s data to analyze trends across properties to assess risks, optimize performance, or identify emerging opportunities, the company added.
EagleView said it’s interested in exploring potential integrations across all industry verticals which may have a use case for the data. Potential industries could include home equity lenders, real estate investment trusts, property managers, home inspectors, commercial and residential real estate brokers, mortgage-issuing banks and financial institutions, asset management companies, property appraisers, and more.