Judging Process
At PropTech Breakthrough, our mission is to celebrate and highlight the breakthrough innovation, achievements, and leadership in the global real estate technology and PropTech markets.
We believe in a rigorous, impartial, and thorough judging process to ensure each award is granted based on excellence and true breakthroughs.
Here’s an in-depth look at how we determine the winners of each award category
Step 1: Entry Submission
The process begins when each applicant completes and submits the PropTech Breakthrough Awards application. Companies, innovators and organizations from around the globe are encouraged to showcase their standout products, services and solutions. Applicants provide detailed descriptions and supporting materials to help illustrate their achievements, unique features and impact within the PropTech industry.
Key Information in the Application Includes:
- Overview of Product/Innovation: Outline of the product or service, highlighting its purpose and technology.
- Technical Specifications: Technical data that outlines how the technology functions.
- Case Studies or Testimonials: Real-world applications or results that showcase effectiveness may be included but are not necessary. This information can be provided through a link to a website.
- Future Impact: How the technology or product could evolve to impact the real estate industry further.
Step 2: Initial Screening
Key Screening Criteria:
- Eligibility: Ensuring that the product or technology aligns with PropTech Breakthrough’s industry categories, fields and timeline.
- Completeness: Confirming that all required materials are submitted.
- Basic Compliance: Verifying that the entry adheres to PropTech Breakthrough’s ethical standards and guidelines.
Submissions that successfully meet the criteria are advanced to the formal judging phase.
Step 3: Evaluation by Expert Judging Panel
Once entries pass the initial screening, they move to a thorough evaluation by our panel of independent industry experts. Each judge is committed to evaluating submissions based on several core principles:
Core Evaluation Criteria
The PropTech Breakthrough Awards recognize excellence by evaluating each entry based on key pillars of Innovation, Performance, Ease of Use, Functionality, Value and Impact.
During the judging process, each submission is assessed according to the following core evaluation criteria:
Innovation
- How unique or groundbreaking is the product, service or solution?
- Does it represent a meaningful advancement over existing technologies or approaches in PropTech?
- Does it have the potential to redefine standards within the field?
Performance
- How well does the solution perform in delivering its intended outcomes?
- Is the technology reliable, efficient and effective under real-world conditions?
- Does it meet or exceed industry benchmarks in terms of quality, speed and efficacy?
Ease of Use
- Is the product designed with the end-user in mind, facilitating ease of adoption?
- Does it have an intuitive interface or design that enhances user experience?
- How accessible and practical is the solution for real estate professionals, tenants or property managers?
Functionality
- How robust is the solution’s functionality in addressing the targeted problem?
- Does it integrate seamlessly with existing systems, workflows or real estate processes?
- How adaptable is it for varied use cases or settings within the real estate industry?
Value
- What value does the solution offer in terms of cost-effectiveness, scalability, or ROI?
- Does it provide a meaningful advantage to real estate companies, property owners or other stakeholders?
- Can it be implemented feasibly in diverse markets or environments?
Impact
- How significant is the solution’s impact on operational efficiency, tenant satisfaction, or property value?
- Does it improve accessibility, sustainability, or other critical factors in the real estate ecosystem?
- What is the potential for long-term, sustainable change or improvement in the field?
Judges assess each application thoroughly, individually reviewing all materials provided in the application packet. This process is entirely independent and confidential to ensure fairness and impartiality.
Step 4: Scoring and Selection
Final Scoring Considerations:
- Weighted Criteria: Some criteria, such as innovation and impact, may carry additional weight to emphasize the importance of these factors in determining breakthroughs.
- Peer Comparisons: Finalists are compared within their categories to ensure a balanced and competitive selection.
- Quality Control: The scoring process undergoes a final quality check to confirm accuracy and consistency.
Step 5: Selection and Announcement of Winners
Once the final scores are tabulated and verified, PropTech Breakthrough formally selects the winners for each category. There is only one winner per award, and winning nominees are notified via email. After a buffer of time between the email notification and public announcement, winners are celebrated in an extensive external communications and marketing program, granting winners global visibility and positioning them among the PropTech industry’s most influential and groundbreaking innovators.
By following this detailed, multi-step process, the PropTech Breakthrough Awards ensure that only the most impactful, innovative, and pioneering companies and solutions are recognized as winners. Each award stands as a testament to the advancements in PropTech that are shaping the future of real estate technology.
Integrity and Fairness
PropTech Breakthrough is dedicated to an ethical and fair judging process. We ensure that each entry is evaluated solely on merit and maintain transparency throughout the process. Our commitment to integrity means that all judging and scoring are conducted without bias or favoritism, focusing on highlighting and honoring true innovation in PropTech.
PropTech Breakthrough Ethical Standards & Guidelines
At PropTech Breakthrough, we hold our awards process to the highest ethical standards. Our commitment to fairness, impartiality, and integrity ensures that every award reflects genuine achievement in travel and hospitality technology innovation. To uphold the trust and respect of our applicants, judges and stakeholders, we adhere to the following ethical standards and guidelines:
Impartiality and Fair Judging
- Objective Evaluation: All applications are judged solely on the merit of their submission content. Judges evaluate each entry against clearly defined criteria, with no bias or preference for specific companies, individuals or brands.
- Independent Judging Panel: Our judging panel is composed of independent experts who have no personal interest in the entries they evaluate. Judges are prohibited from reviewing any entry in which they have a known conflict of interest.
- Confidentiality and Privacy: Judges agree to maintain strict confidentiality, safeguarding all proprietary information and intellectual property shared in submissions. Personal data and sensitive company information are handled in compliance with relevant privacy laws.
Transparency and Accountability
- Clear Evaluation Criteria: Each submission is assessed based on transparent, pre-determined criteria, which are outlined above and publicly available to ensure transparency.
- Structured Scoring System: Judges use a structured scoring system to provide fair and consistent evaluations across all categories. This system allows for uniform scoring across diverse entries, creating a level playing field for all applicants.
- Documentation: All scores, comments, and deliberations are reviewed for accuracy. The PropTech Breakthrough team conducts periodic reviews to verify scoring integrity and ensure fair outcomes. Documentation is kept confidential and is not publicly disclosed.
Integrity in Application and Entry Requirements
- Authenticity: Applicants are expected to provide accurate and honest information in their submissions. PropTech Breakthrough reserves the right to verify claims, data, or case studies provided by applicants to ensure authenticity.
- No Plagiarism or Misrepresentation: All application content, including product descriptions and case studies, must be original and free from plagiarism. False or misleading claims in applications will result in disqualification.
- Eligibility Compliance: Submissions must comply with PropTech Breakthrough’s eligibility requirements. Entries that fail to meet these requirements or attempt to circumvent them may be rejected at any stage of the process.
Conflict of Interest Management
- Disclosure of Conflicts: Judges, staff, and anyone involved in the awards process must disclose any real or potential conflicts of interest with any entrant. Judges may recuse themselves if they feel their impartiality could be compromised.
- Non-Biased Review: In cases where a conflict is identified, alternate judges are assigned to ensure unbiased assessment. PropTech Breakthrough follows strict internal policies to avoid favoritism or bias toward any individual or company.
Commitment to Confidentiality
- Confidential Handling of Submissions: All materials provided by applicants are treated as confidential and used solely for the purpose of evaluating entries. Judges and staff are prohibited from sharing, discussing, or leveraging any information disclosed in submissions outside the context of the awards program.
- Intellectual Property Protection: PropTech Breakthrough recognizes the proprietary nature of the technologies and innovations described in submissions. We take steps to protect all intellectual property and respect the ownership rights of each applicant
Adherence to Industry Standards
- Compliance with Regulatory Guidelines: PropTech Breakthrough operates in alignment with industry standards and relevant regulations governing travel and hospitality technology. Awards and recognition are given based on lawful and ethical practices.
- Industry Representation: Our awards seek to reflect and uphold the highest values of the travel and hospitality technology sector, focusing on true innovation, advancements, and improvements in the global travel industry.
Feedback and Ethical Standards Review
- Open to Feedback: PropTech Breakthrough welcomes feedback from applicants and industry partners to improve the process continuously. Concerns about ethics or fairness can be submitted confidentially for review.
- Annual Ethical Review: We conduct an annual review of our ethical standards and guidelines to stay aligned with best practices and industry expectations. Updates to our policies are implemented transparently and shared publicly on our website.
Reporting Ethical Concerns
If an applicant, judge, or industry participant believes that an aspect of the PropTech Breakthrough Awards process has failed to meet our ethical standards, they may report the concern confidentially to our team. PropTech Breakthrough is committed to addressing ethical issues promptly and transparently.
These ethical standards are the foundation of the PropTech Breakthrough Awards, ensuring that every award reflects true achievement, dedication, and innovation in real estate technology. By adhering to these principles, PropTech Breakthrough remains a trusted platform for celebrating impactful advancements that are shaping the future of real estate.