Koggi integrates the real estate ecosystem with a smart cloud solution
About Koggi
Colombian company Koggi was founded to help families fund their dream of owning a home and improving their lives. With a group of realty specialists, it built a digital community of real estate stakeholders on a smart cloud platform to make the process more efficient, affordable, and simpler for all involved in the process of acquiring a property.
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About Davinci
Davinci is a Google Cloud partner that has been digitally transforming organizations for a decade.
The company provides a smart digital platform for operations between construction companies, banks, and buyers supported by Davinci and Google Cloud.
Google Cloud results
- More efficient, affordable, and simpler mortgage application processes for buyers
- Centralized, highly available data on buyers, real estate agencies, and banking partners
- Predictive insights for buyer and banking partner profiling
- Secure, highly reliable, and scalable system
- Integration with partner systems under secure, reliable protocols
Makes connections in the real estate process easier
Koggi is a platform for the real estate market that aims to make the home loan application experience easier and better by connecting construction companies, buyers, and financial institutions to the ecosystem.
The company is an ally in homebuilding that seeks to connect stakeholders and help them solve issues and avoid red tape, one of the reasons many operations are not completed.
To generate opportunities, you need to have the right tools. That’s why Koggi decided to deploy Google Cloud aided by partner Davinci and help the 22 "koggies" operating in Colombia with their work. To that end, the company began a growth process using collaborative work tools and apps that help scale businesses.
"Our challenge is supporting the dream of owning a home in Colombia and, in the mid-term, in Latin America, with a simple, easy process enabled through a digital experience."
—Johanna Cárdenas, COO and Co-Founder, KoggiThe company seeks to integrate data from real estate purchase processes so builders, agencies, and banks can have the documentation they need for operations and can rest assured that the information is reliable. Prospective buyers expect to deal with paperwork easily and quickly, without wasting time on in-person processes.
Cárdenas highlights that Koggi "seeks to provide a digital user experience by becoming a single point of contact in the mortgage ecosystem."
Deployment challenges
To provide a fully digital, secure, and robust solution, the company chose Google Cloud tools including App Engine, Cloud Run, Dataflow and Cloud Schedule, to cover certain functionalities. The solution allows Koggi to scale and have a robust database, among other benefits.
As a result, the company no longer needs to monitor system capability or plan infrastructure rightsizing processes. Architectures are flexible and allow Koggi to automatically increase or decrease computing power.
The company also uses Firebase Authentication to manage the authentication process using Google or other provider accounts. It also deployed Cloud SQL to create distributed system databases.
Moreover, Koggi deployed a data storage system with Cloud Storage and Cloud Run to protect user data through pre-scans that detect potential malware.
Other solutions used by the team are BigQuery, which provides a data warehouse focused on creating analytics dashboards, and Google Kubernetes Engine, which helps create a container cluster for automatic testing.
This is how the company faces one of its main institutional challenges: democratizing home loan approvals through a digital channel.
"Using cloud technology, we streamlined processes without buyers having to go to a banking institution."
—Johanna Cárdenas, COO and Co-Founder, KoggiThe impact of technology
In less than a year, thanks to Davinci’s expertise as a Google Cloud partner, Koggi became a robust, highly available solution in the real estate market - a simple alternative for thousands of users seeking to buy properties.
For building companies using it, the solution helped cut hefty financial expenses.
As for business benefits, Koggi has managed to mitigate the risk of human error in a system’s deployment phase using distributed databases. Its app links several entities through APIs so each transaction triggers multiple jobs in all entities.
In addition, Google Cloud’s security features speed up regulatory compliance for the financial industry and make it easier to deploy several buyer authentication methods.
Builders now feel better supported by the solution, as it provides support instances during customer linking and digital profiling processes.
Thanks to the solutions, Koggi is growing quickly and has improved its scalability and its performance. With Google Cloud it can scale to match the rise in loan applications, generating a flexible model that grows in line with the company.
"The globalized infrastructure in Google Cloud also allows us to think about future growth, as users can access from anywhere."
—Zoraya Camelo, Senior Project Manager, KoggiWhile Koggi currently operates in Colombia, by digitizing and adding scalability, the company could create new business opportunities in other countries in the future.
Tell us your challenge. We're here to help.
Contact us
About Koggi
Colombian company Koggi was founded to help families fund their dream of owning a home and improving their lives. With a group of realty specialists, it built a digital community of real estate stakeholders on a smart cloud platform to make the process more efficient, affordable, and simpler for all involved in the process of acquiring a property.
About Davinci
Davinci is a Google Cloud partner that has been digitally transforming organizations for a decade.