1 Tech Stock That Could Make a Massive Difference in Your Portfolio
Physical property is one of the least disrupted industries in a world that is becoming increasingly digital. However, technology company Matterport (NASDAQ: MTTR) is turning physical property into 3D spaces, unlocking various new ways that businesses can use properties. Matterport could be a game changer for investors. Here are three important reasons why.
Savills World Research estimates that the total value of buildings worldwide could be as high as $230 trillion; most of it is "offline," as these buildings were built years before the internet. These buildings are isolated from the digital world, and are only viewable in photo images and "blueprints," documents that map a space's dimensions and features.
Matterport is bringing buildings into the digital world. Using a combination of special cameras and its smartphone app to record physical spaces, Matterport's patented software then converts them into 3D models that can be viewed, measured, and interacted with.
Source Fool.com
