Norrington has more than 30 years of operating experience in technology, software and Internet businesses. She served as an executive at eBay Inc., the world’s largest Internet marketplace, for five years and most recently held the role of president of eBay Marketplace, where she led all eBay businesses globally. Her experience guiding and growing global businesses also makes her a great choice for Autodesk’s board.” "Lorrie’s broad business experience as well as her impressive e-commerce pedigree will be a benefit to the company. “I’m pleased to welcome Lorrie Norrington to our board of directors and look forward to her contributions to the company," said Carl Bass, president and chief executive officer of Autodesk. “Lorrie’s broad business experience as well as her impressive e-commerce pedigree will be a benefit to the company. Norrington has been appointed to Autodesk’s board of directors. (NASDAQ:ADSK), a leader in 3D design, engineering and entertainment software, announced that Lorrie M. We chose Location Hub because the platform can be easily integrated into our existing processes and provides many functions including supporting address recognition, address standard validation, point of interest recognition, address geocoding, location analysis and much more to support our evolving client requirements,” explained Robert Dorion, President, Knowledge Management, Altus Group.SAN FRANCISCO– Autodesk, Inc. “In order to provide clean, comprehensive and accurate data to our customers we needed to enhance our existing proprietary valuation systems with the best nation-wide geographic datasets available today. Altus Group’s AVM service VALERI was designed for the benefit of participating real estate boards and their designated partners.
Altus Group’s AVM services are currently used by the Greater Montreal Real Estate Board in providing its board members an edge through access to sound and unmatched market information. Location Hub supports Altus Group’s innovative and state of the art statistical modeling and its aggressive integration of Location Intelligence. Once identified with Location Hub data, the company can re-assess its models and provide new data for more accurate decision making. For example, within the Quebec market valid property addresses not listed or recorded may be dispersed in between known addresses. With the Location Hub platform from DMTI, the company can identify all missing address records and provide infill information that could represent new market opportunities for their customers. Strategic market information can also be derived. AVM results are used as a decision making tool by realtors, appraisers and mortgage companies when assessing value or risk related to properties. The company has also developed an automated valuation model (AVM) to determine the value of residential properties. Specializing in the valuation of premier properties and portfolios, Altus Group provides a broad range of real estate valuation, property-tax and market research services.
Using DMTI’s Location Hub™ platform, Altus Group can map geographic data including addresses, point of interest, municipal boundaries, and other location information on behalf of real estate boards, mortgage and insurance companies allowing them to make informed decisions on behalf of their clients. DMTI Spatial (DMTI), a leading provider of location intelligence, has been selected by Altus Group to provide geographical data to enhance their automated property valuation models. Altus Group Selects DMTI Spatial to Improve Decision Making for Real Estate Boards, Mortgage and Insurance Companies