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May 17, 2022

SORAVIA partners with Google and Nagarro

Cooperation partners SORAVIA, Google Cloud and Nagarro drive digital transformation in the real estate industry.

Vienna, May 17, 2022 – SORAVIA, one of the leading real estate groups in Austria and Germany, aims to revolutionize the real estate industry of the future. In collaboration with Google Cloud and the international strategy and data engineering specialist Nagarro, SORAVIA has founded an innovation and technology partnership. As partners, SORAVIA, Google Cloud and Nagarro will drive the development of intelligently connected, energy-neutral cities as well as smart, innovative services for customers and investors.

The combination of the respective fields of expertise of the three companies makes this cooperation unique: SORAVIA contributes long-standing experience in sustainably successful project development and top expertise in all life cycle phases of properties. Google Cloud integrates extensive know-how of data analytics, artificial intelligence (AI) and machine learning (ML), connectivity and IoT products (“Internet of Things”). Nagarro, in turn, is a globally leading developer of leading-edge end-to-end technology solutions. In the coming months and years, SORAVIA, Google Cloud and Nagarro will focus on digital innovation in the areas of “Smart Building”, “Investment” as well as “Property and Facility Management”.

Strong partners for solutions of the future
Digitalization offers tremendous development potential for the real estate industry – economically, socially and environmentally. As a group, we have addressed digital aspects in project development for many years. By combining the competence of SORAVIA and global technology leaders such as Google Cloud and Nagarro, we will drive the transformation of the real estate industry even more strongly in the coming years. We share the same pioneering spirit and the vision of completely reshaping the customer experience. We believe in a greener future, with sustainable living spaces thanks to innovative technology solutions,” Erwin Soravia, CEO of SORAVIA, explains.

Mario Berger, Enterprise Sales Manager at Google Cloud in Austria, adds: “We are pleased to work with a real estate partner on the holistic implementation of innovative ideas for intelligent building cycles – from planning, execution and operation of real estate projects to sales, marketing, logistics and optimizing supply chains. SORAVIA pursues a long-term future strategy and our innovative strength will make a significant contribution to a fundamental and lasting improvement of the customer experience.

Using artificial intelligence and machine learning, smart buildings continuously adapt to the needs of their users, thus optimizing their operation and creating economic and ecological advantages. The analysis and interpretation of data, one of Nagarro’s core strengths, forms the basis for this. Within this partnership we are working on the strategy and comprehensive solutions for the further development and use of the technology in practice,” says Paul Haberfellner, Managing Director at Nagarro.

Integrated digital transformation in the real estate industry
In all project phases, the three companies will focus on the entire life cycle of properties. During the first project phase, digital interfaces will be created, offering completely new ways of interaction for customers and investors. The goal is to achieve a substantial improvement in customer experience and performance based on state-of-the-art cloud technology. Intelligent data analysis creates the prerequisites for the continuous development of services for the most demanding customer and investor needs.

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SORAVIA is one of the leading real estate groups in Austria and Germany, with a project volume of more than 7 billion euros. For over 140 years, the name Soravia has stood for experience and continuity in the construction and real estate business. SORAVIA concentrates on the business areas of district development, privately financed and social housing construction, office buildings and hospitality. SORAVIA complements the core business of real estate project development with service companies in the areas of facility, property and asset management, as well as investment management. Shareholdings in companies such as Dorotheum and Ruby Hotels round off the portfolio. Including all equity holdings, SORAVIA employs roughly 3,330 people.

About Nagarro
Nagarro, a global digital strategy and product engineering leader, supports customers on their way to becoming innovative, digitally oriented companies and helps them achieve a leading edge in their markets. The company defines itself by its entrepreneurial, agile and global mindset, its CARING mentality and its “thinking breakthroughs” approach. Nagarro employs more than 16,000 people in 30 countries.

Photo, reprint free of charge
SORAVIA, Google Cloud and Nagarro drive digital transformation in the real estate industry. From left to right: Paul Haberfellner (Managing Director at Nagarro), Siegfried Weiß (CTO SORAVIA), Erwin Soravia (CEO SORAVIA), Peter Steurer (CFO SORAVIA) and Mario Berger (Enterprise Sales Manager at Google Cloud)
©Weinberg-Clark Photography

Media contact:
Rafaela Reiter
Marketing and Communication