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CBRE uses AI to manage 1bn sq ft of space

CBRE is using artificial intelligence to manage 1bn sq ft of commercial space.

The firm said its AI-powered Smart Facilities Management solutions were being deployed at more than 20,000 Global Workplace Solutions client sites.

Smart FM leverages CBRE’s Nexus AI-based platform, which is claimed to contain the industry’s largest and “richest” trove of building operations and utilisation data.

This is then mined to deliver actionable insights “that optimise FM workflows and outcomes”.

Paul Saville-King, chief product officer at CBRE Global Workplace Solutions, said: “With high-quality data integrated into a single ecosystem, our clients benefit from operational and energy efficiencies while improving uptime and increasing reliability across their asset portfolios. Our Smart FM solutions reduce both maintenance costs and energy consumption by as much as 20% and reduce technician dispatches by an average of 25%.”

The platform is able to use AI to improve maintenance and space utilisation.

Kapil Lahoti, chief digital and technology officer, added: “Today’s smart buildings landscape is comprised of multiple components that are hosted on disparate platforms. Our technology connects the many different client platforms in a cost-effective way to generate useful insights and improve building services, leveraging advanced algorithms that are underpinned by AI and industry-leading commercial real estate data sets.”

To send feedback, e-mail piers.wehner@eg.co.uk or tweet @PiersWehner or @EGPropertyNews

Image by Geralt/Pixabay

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