APRIL 2021CIOAPPLICATIONS.COM 19from a developer standpoint, the solution resolves workflow inefficiencies to drive seamless and timely financing of their real estate project.What is the go-to-market strategy adopted by DATAGIS?We take two approaches to the go-to-market, one with a financial institution and the other with the appraisers. Owing to our offering's SaaS nature, we can offer a customizable toolbox to appraisers, alongside special services like connecting the developer plans with pricing plans. Alternatively, for the financial institutions, we provide services like risk and value mapping, visualization of BI trends, and others that add value to their overall mortgage loan generation processes.With such competencies, DATAGIS has ignited several client success stories where we have successfully reduced the time for appraisals by half, which makes us cost-competitive and allows us to report to banks quickly, minimize additional costs, and eliminate delays. Valor Inmueble is one of the successful clients with more than 50.000 transactions processed through DATA GIS ERP. Can you elaborate on how DATAGIS adapted to the impact of COVID-19? Before the pandemic, appraisers had to go to properties, make inspections, take notes, and perform the fieldwork before reporting the relevant financial institution's details. With our design tools, appraisers gained the ability to perform digital inspections and communicate with property owners to collect information on the property, thereby driving safer, quicker, and more accurate appraisal and final mortgage generation.The pandemic gave us a chance to visualize our existing and future operations as a company. In fact, as soon as we recognized the imminent restriction of human contact, we defined a virtual process to allow our clients--bank, appraisers, and customers--in safely continuing their operations. Furthermore, our SaaS-based DATAGIS platform empowered customers by assisting them in performing critical workflow optimization tasks and communicate with other stakeholders from the comfort of their homes. Above all, the COVID-19 pandemic gave us the opportunity to re-invent our process and deliver a better solution. What does the future hold for DATAGIS?Assessing the future is challenging owing to the COVID-19 pandemic but owing to the core competencies of our ERP solution and our partnership with ESRI, we are aiming to scale our business to other Latin American countries, starting with Colombia, Panama and Ecuador, beyond Costa Rica and Peru. In pursuit of this, we are seeking distribution and strategic partnerships with emerging technology firms in the LATAM real estate arena and starting our second round of venture capital fundraising. As the CEO of DATAGIS, I feel very confident that the future of my company is poised to capitalize on the rising market opportunities in the real estate, mortgage, and appraisal industries. Alfredo Acedo, CEO
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