Decoding the Pandemic: How We Helped a Major German Real Estate Association Understand COVID-19's Impact.
In a nutshell
A major German real estate association is navigating the effects of the COVID-19 pandemic on the real estate sector. We helped our client gain insights into how firms in the German real estate market are managing these challenges. Our solution not only saved considerable manual effort and research time but also provided a framework for ongoing monitoring of the sector's status.
What was the challenge?
Our client wants to understand the impact of the COVID-19 pandemic on real estate companies. The association aims to conduct a web-based company profiling analysis on the effects of the COVID-19 pandemic and track the ongoing status.
How did we help?
Identifying the effects of the COVID-19 pandemic on the real estate sector in Germany is crucial to make good, data-driven decisions. In the first phase of the company profiling, we identified all relevant real estate firms operating in Germany. After gathering their information and domains, we used our proprietary webAI technology to scrape and analyze the website content. To draw conclusions about the effect of the COVID-19 pandemic on real estate companies, we created a keyword list for the topic of COVID in German and English. Using a transfer learning model, we then analyzed how the companies deal with COVID and sorted the companies in different categories: adaption, problem, no problems, information and not clear.
How did we add value?
By analyzing the website content of German real estate companies, the major German real estate association was able to understand the impact of COVID on their sector. We delivered results on how many companies are able to adapt to the situation, have (no) problems, provide information on COVID-19 and do not provide clear information. With our analysis, we saved our client hundreds of hours of manual research work and a solution to monitor the status of the sector through regular updates of the analysis.