Matterport Announces Fall 2024 Release: "Combining Insight and Imagination" - Generative AI and New Features Further Evolve the Platform

SUNNYVALE, Calif.—Matterport, Inc. has announced a suite of innovative capabilities that will revolutionize how real estate is designed, built and marketed.

Leveraging generative AI, Matterport users can easily rediscover the potential of any space, transforming the digital twin from a simple digitized representation of a building's space into a dynamic canvas for creativity.

" The Fall '24 Release empowers users to realize the full potential of Matterport," said RJ Pittman, Chairman and CEO of Matterport. "By removing furniture with one click and automatically generating amazing property descriptions from digital twin data, we save time, improve the quality of listings, and simplify complex business processes. This is something that benefits everyone from small businesses to large enterprises. Plus, features like 3D model merging, field tags, and one-click invoicing will dramatically improve the speed, efficiency, and accuracy of managing large spaces."

New features for Real Estate:

One of the most innovative features in this fall release is Matterport's AI-powered "De-Furnish" feature. This feature was developed to address a common challenge real estate salespeople face when selling a property: clutter. With one click, you can transform a messy living room or a cluttered parking lot into a clean, open space that shows potential buyers what your property is really about. Whether it's removing an old couch or clearing out a dining table and chairs, this is a powerful and easy way for real estate salespeople to make their property look attractive.

^{Matterport's new "Furniture Remover" feature uses AI to remove furniture and other items from virtual property listings.} Another breakthrough is the AI-powered property description feature, which generates detailed, compelling property descriptions in just seconds. Real estate salespeople and marketers can choose the style and tone to suit the property, creating a description that's perfect for everything from a modern urban loft to a charming suburban home. Leveraging the digital twin's precise spatial data, it also generates beautiful, accurate content, delivering significant time savings and high-quality results that even professionals can trust.

New features for facilities management, construction management, and design industries:

For larger projects, Matterport's new "merge" feature makes it possible to seamlessly combine multiple digital twins, for example to create a digital model of an entire hotel, level by level, or to bring together all the levels of a high-rise office tower into one integrated 3D tour. Multiple team members can also scan different parts of a property at the same time and merge them later, making even the largest buildings quicker and more efficient to capture and manage.

^{Merge Function}

The "Field Tags" feature further improves the efficiency of field work by adding on-site tags while scanning. No more revisits due to overlooked details, everything is recorded in real time, giving you an accurate and comprehensive spatial record when you're in the field. This feature improves collaboration between stakeholders and keeps projects moving forward smoothly.

^{Field Tag Function}

Finally, Matterport is introducing "One-Click Billing" for its enterprise customers. This simple yet powerful feature eliminates the need for manual invoicing and cost allocation, making it easier to distribute costs across departments and external partners. Automating the billing process reduces administrative burdens and allows project stakeholders to focus on the important work at hand.

About Matterport

Matterport is leading the digital transformation of the building world. Our groundbreaking spatial data platform digitizes buildings, making space more valuable and accessible. Millions of buildings in over 177 countries have been brought to life as Matterport digital twins, improving every part of a building's lifecycle, from planning, construction and operations to documentation, appraisal and marketing.

You can also visit our digital twin gallery at https://matterport.com/discover .

The inquiry link is here . Matterport Co., Ltd. is the Japanese subsidiary of Matterport, Inc.