CoreLogic Announces Formation of CoreLogic Innovation Labs in Collaboration with Pivotal

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CoreLogic
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December 11, 2014, Irvine, Calif. –

—Expansion of Technology Transformation Initiative—

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced the launch of CoreLogic Innovation Labs as an expansion of its ongoing Technology Transformation Initiative (TTI). CoreLogic will collaborate with Pivotal and its agile development services unit, Pivotal Labs, under a strategic agreement, to create a global center of excellence supporting the launch of its next generation technology platform. Pivotal is an innovative provider of proven practices and deep technical expertise at the intersection of big data, platform-as-a-service and agile development to help companies achieve rapid and reliable business results.

CoreLogic Innovation Labs will serve as a primary center for innovation and agile development for the next generation of technology platforms, applications, analytical models and solutions that generate unique residential property data-driven insights to power the global real estate economy. CoreLogic Innovation Labs, initially collocated with Pivotal in its Santa Monica, Calif. facility, will also support the global mobility program for CoreLogic through the development and enhancement of its expanding suite of mobile applications. More than 1.3 million users currently rely on data-driven insights and other services from CoreLogic through its industry leading applications and workflow tools.

“The creation of CoreLogic Innovation Labs is a major next step in our TTI program. We are moving from a focus on optimizing our technology infrastructure to facilitating future growth through the development and launch of innovative and mobile-enabled applications and services,” said Anand Nallathambi, president and chief executive officer of CoreLogic. “We believe CoreLogic is poised to accelerate the development of differentiated data and technology solutions for our clients.”

“Transforming into an agile enterprise takes time—it's not about attempting to convert the whole organization overnight. CoreLogic is approaching it in the right way: first setting up a center of excellence within their Innovation Labs, and having Pivotal work side-by-side on project teams,” said Edward Hieatt, vice president at Pivotal. “CoreLogic will leverage the practices shared by Pivotal and spread those skills across the rest of their development teams to increase the speed at which they deliver business value.”

“Over the past year, we have established a great business relationship with Pivotal which has already resulted in the development and delivery of two new products, CondoSafe™ and Leasing Manager, both of which have attracted considerable interest and buy-in from CoreLogic clients,” said Frank Martell, chief operating officer of CoreLogic. “CoreLogic Innovation Labs integrates Pivotal’s industry leading development practices and technical expertise with the unmatched data assets and domain knowledge of CoreLogic to create compelling new digital and mobile-enabled analytical insights and services that extend our client value proposition in property and insurance.” 

About CoreLogic

CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled services provider. The company's combined data from public, contributory and proprietary sources includes over 3.5 billion records spanning more than 40 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.

About Pivotal

Pivotal offers a modern approach to technology that organizations need to thrive in a new era of business innovation. Our solutions intersect cloud, big data and agile development, creating a framework that increases data leverage, accelerates application delivery, and decreases costs, while providing enterprises the speed and scale they need to compete. More at www.pivotal.io.

CORELOGIC, the CoreLogic logo and CondoSafe are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.