Application leverages JLL Falcon to deliver
customized portfolio intelligence and maximize returns on
investment across workplace management, operations and investment
areas
The company will celebrate the next frontier
of its AI journey at the New York Stock Exchange closing bell
ceremony on November 13
CHICAGO, Nov. 12,
2024 /PRNewswire/ -- JLL (NYSE: JLL) announced today
the reinvention of JLL Azara, an AI-powered, data analysis
application designed to transform how business leaders interact
with corporate real estate and facilities management data. The
solution is powered by JLL Falcon, JLL's new AI platform that
equips its CRE experts with the company's vast proprietary industry
data to deliver timely, revenue-generating and cost-saving
insights. JLL Azara is a first of its kind resource that allows
corporate real estate experts to utilize a conversational interface
for customized, instantaneous insights based on their unique,
evolving needs.
"JLL Azara transforms complex data into actionable insights,
allowing us to solve business challenges with unprecedented speed
and flexibility to deliver customized insights for clients," said
Neil Murray, JLL CEO, Work
Dynamics.
JLL Azara addresses complex questions from JLL clients across
sectors, including performance and facilities managers and business
analysts, to help them make data-driven decisions with better
insight and at greater speeds. Using natural language queries,
users can inquire about topics like portfolio optimization,
occupancy planning, capital improvement project budgeting, service
provider performance and more.
"We're thrilled to bring new, innovative AI solutions to our
clients to help them stay ahead in a competitive environment," said
Sharad Rastogi, JLL CEO, Work
Dynamics Technology. "With JLL Azara, we're able to put valuable
data, decades of client queries and deep industry knowledge
directly into the hands of our customers."
In its pilot testing with a global technology company, JLL Azara
enabled significant improvements on analyzing workplace challenges
by providing faster, more targeted insights. In one case, the
application's conversational interface was key in helping the
company identify a no-fault work order volume anomaly at one of
their locations and accelerated corrective action. JLL Azara guides
users through the query process to ensure all data is complete and
accurate before running an analysis, while also adapting to each
unique interaction to provide more personalized, relevant
intelligence and insights.
Other AI tools powered by JLL Falcon include JLL GPT™, the first
generative AI assistant purpose-built for the CRE industry, that is
being rapidly adopted by JLL employees across the business and
solving for over 200,000 prompts weekly.
"We're building solutions that equip our clients with better,
faster and more reliable data insights through innovative AI-driven
technology," said Yao Morin, JLL
Global Chief Technology Officer. "JLL Azara is the latest addition
to a growing portfolio of products powered by JLL Falcon and is
only the beginning of what we hope to accomplish."
JLL's approach to AI is driven by the people who build, sell,
invest, operate, manage and inhabit space. The company will
celebrate the next frontier of its AI journey, as well as its
25th anniversary of being listed on the New York Stock
Exchange under the JLL ticker, by ringing the closing bell on
November 13. Building on its last 25
years as a public company, JLL is laser-focused on continuing to
grow in the near-term, with its progressive technology and AI
strategy catalyzing that growth. To learn more about how JLL
is delivering AI innovations to influence the future of CRE, read
more here.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial
real estate and investment management company, has helped clients
buy, build, occupy, manage and invest in a variety of commercial,
industrial, hotel, residential and retail properties. A Fortune
500® company with annual revenue of $20.8 billion and operations in over 80 countries
around the world, our more than 110,000 employees bring the power
of a global platform combined with local expertise. Driven by our
purpose to shape the future of real estate for a better world, we
help our clients, people and communities SEE A BRIGHTER
WAYSM. JLL is the brand name, and a registered
trademark, of Jones Lang LaSalle Incorporated. For further
information, visit jll.com.
Contact: Jesse Tron
Phone: +1 212-376-1215
Email: Jesse.Tron@JLL.com
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SOURCE JLL-IR