Sectors

Property Firm Changes Business Model with Big Data

As a seemingly endless debate over the value of Big Data unfolds, CIO Journal caught up with George Mehok of Safeguard Properties to talk about the deployment of the property inspection company’s new analytic engine—which he says has been the foundation for an entirely new operating model.

Mr. Mehok, formerly an executive at Verizon Wireless, is now CIO of Safeguard, in Valley View, Ohio, which helps banks keep tabs on the physical condition of properties after mortgage holders become delinquent or go into foreclosure. Robert Klein, a former New York taxi cab entrepreneur, launched the privately held company in 1990 in a basement office near Cleveland, with just two employees.

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