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JLL’s new global data and insights platform connects data, technology and people to reach new levels of productivity in corporate real estate
CHICAGO, June 1, 2015 – Data science arrives in ground-breaking form in corporate real estate with the launch of JLL’s global data and insights platform, RED. As corporate real estate’s first open and scalable data and analytics platform, RED is a revolutionary approach to uncovering insights that can power business performance and reach new levels of productivity in the workplace and workspace.
RED brings together master data governance, knowledge management, business intelligence and advanced analytics, underpinned by cutting-edge technologies and tools to dramatically improve real estate decision making. The RED platform is designed to integrate CRE data with sales, workforce, finance, economic and other business data to offer a holistic view of a corporation’s business and macroeconomic environment. Its open architecture enables a company to integrate data from almost any source and rapidly visualize the results through interactive dashboards, offering greater transparency and ultimately, actionable insights to improve operational efficiency.
Smarter, better decisions to improve productivityCorporate real estate executives are experiencing growing pressures to contribute measurable value to their organizations. According to JLL’s 2015 Global Corporate Real Estate biennial survey and report, 77 percent of corporate real estate executives say that managing operating expenses is a C-suite priority, and 61 percent report pressure to improve the productivity of their physical real estate assets.
“Corporate real estate (CRE) is a top three company expense, and RED enables CRE teams to answer the most complex questions around business productivity with one simplified, integrated view,” explains John Forrest, JLL CEO of Corporate Solutions, Americas. “It’s about empowering and equipping clients with real-time insights so they can be more agile and are better equipped to respond swiftly to our ever-changing corporate real estate environment and business pressures.”
Available exclusively to JLL’s corporate clients, RED is based on the same cutting-edge technologies used by banks, telecommunications companies and other industries to automate and manage large volumes of data from diverse sources.
RED offers a full spectrum of tools to uncover areas for improved productivity with customizable dashboards and detailed analytical models. RED can help with real estate and business decisions such as:
Designed with client needs at the heart of its solutionThe RED platform is designed to be technologically nimble, flexible and tailored specifically for each client, so that it operates seamlessly across various platforms to optimize performance.
“We want to make it easier for our clients to make smarter decisions and deliver it when and where they need it. With RED, executives can immediately access real-time data in the field, on their mobile devices, at their desks or anywhere. The world is changing quickly and we want our clients to be ready,” said Forrest.
For a look at RED’s capabilities, click here
A leader in real estate outsourcing, JLL’s Corporate Solutions business helps corporations and public institutions improve productivity in the cost, efficiency and performance of their national, regional or global real estate portfolios by creating outsourcing partnerships to manage and execute a range of corporate real estate services. This service delivery capability helps corporations improve business performance, particularly as companies turn to the outsourcing of their real estate activity as a way to manage expenses and enhance profitability.
About JLLJLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $55.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
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