Edozo expands client base despite property slowdown
The commercial data platform has boosted its client base even in a tough market in recent months, by adding several new features to its mapping technology.
In particular, Edozo, which provides mapping and market data to the property industry, has expanded its mapping platform servicing the commercial property market into the architecture and housebuilding sectors.
As a result, two of the UK’s biggest names in housebuilding – Bellway and Berkeley Homes (the company’s Eastern Counties division) – have signed up as clients in the past few weeks, among other firms.
In total, Edozo has acquired over 80 new clients since the beginning of March, taking its total client base to around 500, and entered the two new sectors in the property market despite a temporary slowdown overall in the commercial property industry.
In addition, the launch of a new product – CAD (Computer Aided Design) compatible map files – has enabled the company to offer more sophisticated design and software mapping technology, further boosting its offering to the residential and architecture sectors of the industry.
The client growth figure represents a healthy increase compared to the same period last year, even while the coronavirus pandemic has hit many companies’ bottom lines and caused them to curb expansion strategies, Edozo said.
Edozo’s chief executive and co-founder Marcus Ginn said: “Many businesses need to find efficiency gains right now and our simple-to-use, flexibly priced technology solutions help to provide that edge ensuring they will get a tangible return on the investment.”
He added: “With our latest solutions, Edozo has found a sweet spot which has helped us to continue to acquire new customers and expand into new sectors of the property market during this tough economic period.”
Edozo was founded by Ginn and Andrew Peacock, a chartered surveyor who became disillusioned with having to use inefficient and overpriced technology. Its platform is used by around 400 property companies in the UK, including consultancies CBRE and JLL.
Alexis Perry, land Director at Berkeley Homes (Eastern Counties), one of the new clients, said: “Edozo Maps saves us a lot of time and make us much more efficient as a team.”