Latest news with #PrismAI
Yahoo
3 days ago
- Business
- Yahoo
Jones Lang Unveils AI Capabilities for Building Operations
Jones Lang LaSalle JLL — popularly known as JLL — recently introduced an artificial intelligence (AI) capability, Prism AI, as an add-on to its building operations platform, Prism. As an integral component of JLL's property management technology ecosystem powered by JLL Falcon, Prism AI is establishing a new benchmark in the industry and increasing the strategic impact of property teams throughout their portfolios while lowering expenses. Prism AI offers predictive operational intelligence across all aspects of building operations. With security as a primary consideration, Prism AI is built on a secure and reliable infrastructure that incorporates automatic backups to safeguard data. Prism AI converts various property documents stored within Prism into a unified, searchable knowledge base that automates administrative tasks and streamlines workflows. Based on Prism AI's analysis of service request patterns, property teams can obtain insightful recommendations aimed at boosting tenant satisfaction. For instance, engineers can use Prism AI to analyze service manuals against warranty documentation to identify coverage opportunities and prevent costly out-of-pocket repairs. Prism AI, with its ability for strategic planning and extensive data tracking, promotes efficiency, compliance and considerable cost savings across the entire property management lifecycle. With Prism's interface, users can ask simple, conversational questions and receive instant answers alongside relevant recommendations. By maintaining conversational history and transparency, Prism AI enables property professionals to access the operational intelligence necessary for making data-driven decisions. It also maintains complete data separation so that property data, tenant information and financial details remain private to each organization. JLL's Management Commentary Per Daniel Russo, president of Property Management Technology at JLL, "Prism AI supercharges our professionals to make smarter decisions. This isn't just about efficiency; it's about fundamentally elevating the standard of property management while delivering exceptional value to our clients and tenants." Per Yao Morin, chief technology officer at JLL, 'Prism AI represents a transformative leap forward in property management technology, seamlessly combining advanced data analytics with practical, actionable intelligence. As client expectations continue to evolve, JLL remains focused on developing solutions that not only meet today's challenges but anticipate tomorrow's opportunities, setting new standards for excellence across commercial real estate." JLL: In a Snapshot As a complete tech-driven commercial real estate (CRE) company, JLL is at the forefront of the industry's digital transformation, revolutionizing the world's spaces through technology. By combining more than 200 years of CRE expertise with world-class technologists, the company is shaping the future of real estate. JLL's superior operating platform and market share expansion have helped it achieve strong growth as well as a decent cash level. Over the past years, the company has undertaken several strategic acquisitions as part of its global growth strategy, expanding its capabilities in certain service offerings. JLL continues to look for opportunities to invest in its business, both organically and through mergers and acquisitions and such efforts are expected to drive the company's long-term profitability. Over the past three months, shares of this Zacks Rank #3 (Hold) company have gained 26.1% compared to the industry's rise of 13%. Image Source: Zacks Investment Research Stocks to Consider Some top-ranked stocks from the Zacks Real Estate Operations industry are Newmark NMRK and CBRE Group CBRE. Newmark sports a Zacks Rank #1 (Strong Buy) at present. The Zacks Consensus Estimate for NMRK's 2025 earnings per share is pinned at $1.55, suggesting year-over-year growth of 26%. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for CBRE's ongoing year's earnings per share stands at $6.03, indicating an 18.2% increase from the year-ago reported figure. CBRE currently carries a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Jones Lang LaSalle Incorporated (JLL) : Free Stock Analysis Report Newmark Group, Inc. (NMRK) : Free Stock Analysis Report CBRE Group, Inc. (CBRE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Techday NZ
3 days ago
- Business
- Techday NZ
JLL introduces Prism AI to boost property management efficiency
JLL has released new artificial intelligence (AI) capabilities for its Prism building operations platform, aiming to provide predictive analytics and automated workflows across its property management ecosystem. AI capabilities for property management The company stated that Prism AI, which operates as an add-on to the existing Prism platform, delivers operational intelligence designed to accelerate decision-making in areas such as resource allocation, tenant satisfaction, risk mitigation, vendor management, and capital investment. These capabilities are intended to assist property managers in maximising efficiency and reducing operational costs, as well as elevating the service provided to clients and tenants. Daniel Russo, President of Property Management Technology at JLL, said, "In today's market, where expectations around building performance are multifaceted, investors are hyperfocused on implementing technology solutions that deliver value across their entire portfolio. Prism AI supercharges our professionals to make smarter decisions. This isn't just about efficiency; it's about fundamentally elevating the standard of property management while delivering exceptional value to our clients and tenants." Core features According to JLL, Prism AI integrates data from disparate property documents within the Prism platform, transforming them into an accessible and searchable knowledge base. The system automates routine administrative tasks and streamlines workflows for property teams. It also provides smart recommendations for improving tenant satisfaction, derived from analysis of service request patterns and historical property management data. Prism AI enables engineering teams to cross-reference service manuals with warranty documentation, identifying opportunities to avoid unnecessary out-of-pocket repairs by detecting valid coverage. This data-driven approach is intended to help property teams plan strategically, ensure compliance, and achieve cost savings throughout the property management lifecycle. Users can interact with Prism's interface by posing natural language queries, such as, "What issues from last quarter's property inspection are still outstanding?" The platform returns instant answers and relevant recommendations, maintaining conversational histories to improve transparency and empower operational decision-making. Data privacy and security JLL emphasised that Prism AI was designed with security in mind, supported by reliable infrastructure with automatic data backups. The platform upholds data separation practices to ensure that property data, tenant information, and financial details remain private to each organisation using the system. Market context and outlook "Prism AI represents a transformative leap forward in property management technology, seamlessly combining advanced data analytics with practical, actionable intelligence," said Yao Morin, Chief Technology Officer at JLL. "As client expectations continue to evolve, JLL remains focused on developing solutions that not only meet today's challenges but anticipate tomorrow's opportunities, setting new standards for excellence across commercial real estate." JLL referenced its position as a fully technology-enabled commercial real estate (CRE) firm and highlighted the integration of its operational expertise with technical capabilities through products such as Prism AI. The company stated its ongoing focus is to enhance the value of properties and productivity for building occupants, shaped by two centuries of experience and a workforce incorporating technology specialists.
Yahoo
5 days ago
- Business
- Yahoo
JLL Transforming Building Operations with Powerful New AI Capabilities
From predictive analytics to automated workflows, Prism AI delivers actionable insights across JLL's property management ecosystem CHICAGO, Aug. 13, 2025 /PRNewswire/ -- JLL (NYSE: JLL) today introduced artificial intelligence (AI) capabilities that are now available as an add-on to Prism, its award-winning building operations platform. As part of JLL's property management technology ecosystem powered by JLL Falcon, Prism AI is setting a new industry standard and multiplying property teams' strategic impact across portfolios while reducing costs. Prism AI provides comprehensive, predictive operational intelligence across all aspects of building operations — driving faster decisions on resource allocation, tenant satisfaction, risk mitigation, vendor management, capital investments and more. "In today's market, where expectations around building performance are multifaceted, investors are hyperfocused on implementing technology solutions that deliver value across their entire portfolio," said Daniel Russo, President of Property Management Technology at JLL. "Prism AI supercharges our professionals to make smarter decisions. This isn't just about efficiency; it's about fundamentally elevating the standard of property management while delivering exceptional value to our clients and tenants." Prism AI transforms disparate property documents stored in Prism into an integrated, searchable knowledge base that automates administrative tasks and streamlines workflows. Property teams can get smart recommendations to improve tenant satisfaction based on Prism AI's analysis of service request patterns. Teams can analyze years of property task and workflow data. Engineers can leverage Prism AI to analyze service manuals against warranty documentation to detect coverage opportunities and prevent costly out-of-pocket repairs. With its ability to plan more strategically and track more data, Prism AI drives efficiency, compliance and substantial cost savings across the entire property management lifecycle. With Prism's intuitive interface, users can ask simple, conversational questions like, "What issues from last quarter's property inspection are still outstanding?" and get instant answers plus relevant recommendations. By maintaining conversational history and improving transparency, Prism AI empowers property professionals with the operational intelligence needed to make data-driven decisions. Designed with security in mind, Prism AI is built on secure, reliable infrastructure with automatic backups to keep data safe. Additionally, Prism AI maintains complete data separation so property data, tenant information and financial details remain private to each organization. "Prism AI represents a transformative leap forward in property management technology, seamlessly combining advanced data analytics with practical, actionable intelligence," said Yao Morin, Chief Technology Officer at JLL. "As client expectations continue to evolve, JLL remains focused on developing solutions that not only meet today's challenges but anticipate tomorrow's opportunities, setting new standards for excellence across commercial real estate." As a fully tech-enabled CRE firm, JLL is leading the digital transformation of the industry, transforming the world's spaces with technology. Combining JLL's 200+ years of CRE expertise with world-class technologists, the company is creating an unmatched portfolio of space management and intelligence products to shape the future spaces of tomorrow: increasing the value of the world's buildings and enhancing the productivity of those who occupy them. 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 $23.4 billion and operations in over 80 countries around the world, our more than 112,000 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 Contact: Lesley MirkowskiPhone: +312 388 2090Email: View original content to download multimedia: SOURCE JLL Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
