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May 21, 2022

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Overse, an Italian startup for real estate that anticipates the future in VR

Overse Tech, that is: virtual real estate. To show a new building, a renovation, a furniture in real time in VR and in 3D.

Gianluca Ricciodi Gianluca Riccio
in Italy Next
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virtual real estate
January 28 2022
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Rebuild a 3D environment in real time to show in advance what a building, apartment, furniture will look like. A revolution for real estate, and with unprecedented fluidity: this, in essence, is the goal of Overse Tech, the Italian startup protagonist of this new “episode” of Italia Next. The Futuroprossimo column that tells about the Italian companies and talents who 'make the future' today takes a leap in Umbria.

Today we talk about the Umbrian entrepreneur Francesco Guglielmino. I chatted with him to learn more about the uniqueness of his startup.

The reality "that is not there". In real time.

real estate overse tech

Francesco Guglielmino he gained experience in the field first in the academic field, then professionally. In the beginning it was Animo Devs, an innovative startup that deals with interactive 3D. I say it as a goat, to make you understand: the sophisticated 3D engine at the base of the most advanced video games put at the service of creating new experiences for users.

From that experience, Overse Tech was born, a “VR time machine” to see further and plan, build, furnish better. Overse has chosen to focus on a specific sector, real estate, with major problems to be solved and for this reason even more opportunities.

What does Overse Tech do?

In summary, it creates reality in advance. And it does so in real time, with a technology that can also be shown via the web, without the need for special software. What does it mean in a nutshell? It means that in the world of real estate, before constructing a building, builders can walk future clients into the exact final version of the place where they will live. And when I say exact I mean with the lights, the sun exposure, the completely realistic aspect of that place. Take a look for yourself.

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Call it the "future supplement". It will be a cost of construction, rest assured. Because showing something in advance means being able to sell it sooner and better. It means avoiding waste and construction errors. It means planning based on the demand and satisfaction of future customers.

Virtual real estate: furnishing reality before crossing it

In the Real Estate sector, changes are on the agenda. Unforeseen circumstances, changed conditions, simple market needs mean that a project undergoes many (expensive) revisions before seeing the light. The advantage of technologies that drive startups such as Overse Tech is precisely that of being able to quickly generate the various possible "futures" of a home. A metaverse to show what the physical world will be like.

A reality that does not stop at the external aspect of a building, nor at the four internal walls. The integration of these 3D technologies in real time and of very robust libraries of digital 3D products will also largely replace the physical working environments of interior designers. Why limit yourself to choosing a piece of furniture in an atelier, when you can choose it directly inside your future home?

Overse Tech's projects potentially include all available interior design products - a gigantic advantage that can increase the yield not only of a new building, but also of a building to renovate, or a new business to start.

Not bad, for a "video game"

Guglielmino and his 'creation' have the merit of having interpreted in an evolutionary and concrete way (because it gives a visible and immediate advantage to entrepreneurs, consultants and customers) a product created for other purposes. A product that comes from afar, to improve the performance of video games: Unreal Engine is the graphics engine developed by Epic Games (those of Fortnite) in the distant 1998.

Since then it has come a long way, and it has allowed video games to replicate reality more and more faithfully. And what's better to replicate realistically than reality itself? Not that of today, however: that of tomorrow.

A theme dear to the "technological runners" who are transforming the world architectural panorama. Of course, the thousand European, US and Asian talents. But imagine how much what Overtech does may have been enjoyed by those in Dubai, who are building the future one brick at a time. And in fact in the United Arab Emirates, Saudi Arabia and at Expo Dubai, the Umbrian startup and its vision of virtual real estate made sparks, garnering consents and orders.

virtual real estate
Virtual real estate is making its way quickly, with a very strong avant-garde in several Arab countries.

And virtual real estate in Italy?

“The market is approaching our solutions with curiosity,” says Guglielmino. “We obviously discount a greater slowness in absorbing these innovations, but the Italian Real Estate is trying to catch up also thanks to the initiatives linked to the energy transition. For this reason, producing 3D architectural experiences also in VR is increasingly seen as an advantage, and not only in terms of additional costs to be taken into account when opening a construction site ".

In this too, Overse Tech shows a perspective: the one in which our country also designs based on the future, and not only on the basis of the past. And since we like to do it in the Italian style, if you deal with Real Estate and are interested in learning more, Francesco is available to give you more information: you don't need to wear a viewer, just ask him for half an hour here.

Good luck (in Umbria, then!), Overse.

tags: architecturereal estate market
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