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AI is driving digital transformation in the built environment
Commercial real estate investors and occupiers are actively embracing AI, with 90% of companies planning to integrate AI over the next five years to help navigate the complexities of an ever-changing market landscape, according to JLL’s 2024 Future of Work Survey. By harnessing the power of Generative AI, the latest wave of artificial intelligence techniques,…
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JLL’s AI strategy: Empowering innovation in commercial real estate
At JLL, we strive to be at the forefront of innovation, leveraging technology to deliver superior service and outcomes for our clients. Our AI strategy is central to this commitment, combining enterprise applications, a software platform for developers, and a comprehensive training program to upskill our teams around the world.āÆ
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OpenSpace: Tech enabling the construction sector for improved coordination and efficiency
Our previous post on construction technology, aka ConTech, dissected the many challenges faced today by the industry, from labor shortages, to cost over runs and delays. What is the secret sauce to overcome these challenges? The simple answer: coordination…and how to enhance it.
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The construction tech revolution ā Building a sustainable future
Recent challenges in our industry have only accelerated the need for innovation, particularly in construction technology. With tighter margins, a push for greater efficiency, and an increasing focus on sustainability, we’re witnessing a surge in adoption of new solutions that promise to reshape how we build and renovate.
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Return to office or hybrid? JLL Spark invests in the future of work
For the avoidance of doubt, there is a future for work. While this might be bad news for those of us that enjoy our time off, the rest of the picture is decidedly less certain. As the recent JLL Future of Work survey illustrates, the complexities of where and how work will be performed are…
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JLL Spark invests in PROBIS to drive real estate innovationĀ
According to McKinsey, 98% of construction projects experience cost overruns, and the average cost overrun is roughly 28%. Against this backdrop of inefficiency, JLL Spark recently invested in PROBIS, a leading SaaS PropTech startup specializing in financial management for real estate development, aligning with JLL’s digital transformation goals in project management.
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JLL Sparkās investment in Ren Systems: AI-driven relationship intelligence for high-value sales
JLL Spark Global Ventures recently led a $3.5 million funding round for Ren Systems, reaffirming not only our intent to back visionary founders building world-changing businesses but also our commitment to tech-enabling our core business and transforming our industry.
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VergeSense: Smart building technology for occupiers
In the world of commercial real estate (CRE), smart buildings have become essential for enterprises.
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Safehub: Transforming structural damage assessments in smart buildingsĀ
In regions prone to earthquakes, commercial buildings are particularly susceptible to structural damage.
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Global smart building trends shaping the future of real estateĀ
Smart buildings are revolutionizing the real estate industry by seamlessly integrating advanced technologies like sensors, automation, and data analytics.
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Rent roll: Leveraging data science and AI to standardize commercial real estate data sets
Rent roll, in the context of commercial real estate (CRE), refers to a document or dataset that provides a detailed summary of the rental income generated by a property.
