Foxtons, London’s leading estate agency, has partnered with AI Cloud leader, DataRobot, to accelerate its data analytics and modeling capabilities to better serve customers as well as make more strategic data-driven business decisions.
Foxtons operates a network of more than 50 offices across London. Its business model already combines top estate agency experts and market-leading technology, including a sophisticated Customer Data Platform (CDP) to match buyers and renters with properties.
Foxtons will use DataRobot’s cutting-edge platform to build, deploy, and monitor artificial intelligence and machine learning (AI/ML) models at scale to manage and optimise operational processes and customer acquisition across the group. The initial phase of the partnership will focus on building an AI-powered recommendation engine which will help surface the best properties to customers.
“Foxtons is already the most advanced estate agent in the UK when it comes to how we use technology and data,” said Foxtons’ Chief Operating Officer, Patrick Franco. “This is a pioneering deal with a world leader in data science and AI to further build our competitive advantage and improve how we serve our customers. Our team will be able to do even more of what they are best at: giving expert advice to sellers, buyers, renters and landlords and getting them the best deal.”
“Foxtons is leading the industry with their focus on leveraging AI/ML to optimise all areas of their business,” said Steve Jenner, Chief Customer Officer, DataRobot. “We’re excited to partner with Foxtons and enable their journey to a truly data-driven organisation.”
