Pi Labs Insights
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Pi Labs Insights

How the metaverse is already changing the built environment

Image credit: Dent Reality
N.B. a score of 100 is peak search activity for the topic.¹

AR’s bumpy rise to prominence

AR, VR, and real estate…

This collaboration between Built-ID and the City of London highlights one of many use cases for AR in real estate: building information

1: Inspecting and configuring spaces

The IKEA Place app (announced in 2017) is an example of property staging — enabling users to visualise a space with their own configuration (image source: SPACE10)

2: Construction management

Contilio promotional video

3: Labour efficiency and precision

  • Remote maintenance: how much wasted time in traffic could be prevented if technicians were able to remotely guide occupants through lower-skilled tasks?
  • Delegating: how many lower-skilled tasks could be avoided by technicians altogether if AR gave occupants machine-level precision in basic tasks such as hanging pictures, installing curtains, and bleeding boilers?
  • Upskilled technicians: how could technicians be further upskilled by integrating AR and VR in their training — enabling them to experience guided instruction on complex tasks such as engine rebuilds, fault finding, onsite welding, electrical installations, and others?
AR applied to technical training

Hardware: enabling the metaverse

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Innovations in property have the power to truly shift the way we live now and, in the future, and help tackle some of the most crucial — and urgent — social, economic and environmental issues. We’re a global Venture Capital organisation investing in the ideas that are shaping the

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