Fladgate LLP’s Post

Corporate Real Estate is at a tipping point with AI...AI isn't just a buzzword for CRE; it's the future. JLL's research reveals that while 90% of companies plan to integrate AI over the next five years, many lack a comprehensive strategy or roadmap.  Click on the report below and discover how you can turn potential into performance! #AI#CRE

As AI technology continues to advance, ethical considerations become increasingly important. Dr. Joy Buolamwini emphasizes the need for inclusive and representative AI tools for the global majority [https://bit.ly/3WbjNjq ] You can watch the full SXSW keynote address here: [https://bit.ly/3S2Bdw3] to understand why diverse perspectives are crucial in shaping the future of AI.

TL;DR: AI in Residential Real Estate is about improving efficiency, optimizing workflows, and delivering better future-proof outcomes. Successful AI integration depends on clear strategies, agile roadmaps, skilled talent, and stakeholder alignment to create measurable value and lasting impact. Can we also discuss systematic approaches to AI implementation and integration in Residential Real Estate (RRE)? Yes? Gather round. Sure, it's fun to slap "AI" on initiatives, send them out, and announce we "did AI." However, the AI landscape is evolving so rapidly that successful implementation requires well-thought-out, future-proof strategies. It’s not just about automating RRE processes but also about building efficiency, analyzing results, and designing workflows that improve business operations, drive revenue growth, reduce costs, and create seamless experiences for customers. I envision a comprehensive process map, broken down into smaller, focused workflows centered around each stage of the customer journey. RRE program managers would examine these processes on both macro and micro levels to fully understand their impact on business outcomes and customer experiences. They’d identify opportunities to build efficiency, pinpoint areas for AI integration, and forecast the future state of these workflows. From there, program managers would develop agile roadmaps for AI adoption, starting with focused pilot projects, measuring outcomes, and scaling successful solutions across portfolios. Whether optimizing energy usage, enhancing tenant satisfaction through predictive maintenance, advancing smart home integrations, or analyzing market trends for smarter investments, every initiative should align with clear, tangible short and long-term business goals. Equally important is investing in talent by training or hiring professionals who can bridge the gap between AI tools and real estate operations, integrating them with expertise and clarity. Success in AI adoption also hinges on stakeholder buy-in. Carry people along each step of the journey with clarity around the 'why' behind each decision. Owners, investors, employees, and residents need to see the value in AI technologies, whether it’s smarter decision-making, reduced operational costs, or enhanced living experiences. Open communication, regular updates, and alignment of AI goals with broader business strategies will build trust and ensure long-term commitment to success. AI isn’t just another tool in the toolkit, it’s an opportunity to redefine how we manage, operate, and deliver value in RRE. With a thoughtful, systematic approach, we can unlock the true potential of AI, creating smarter workflows, better insights, and exceptional experiences for everyone involved. And I promise, you won’t even need to slap "AI" on it if you “do AI” well. It’ll simply be obvious that your business is innovative, future-focused, and genuinely customer-centric. #realestate #AI #innovation

Why does corporate real estate need a systematic approach to AI? In our latest research, we explore the current status of AI adoption in CRE, highlight the challenges and outline the key strategies to ensure successful implementation: https://co.jll/3BVyfoo Yuehan Wang Steven Lewis Flore Pradere Peter Miscovich Akshay Thakur Yao Morin, Ph.D. Geoff Kau

Five years is enough to drive significant change, but not enough to surprise those who are prepared. A systematic approach will keep you at the forefront and ready for a dynamic future. #AI #CRE #FutureOfCRE

It's clear, the impact of AI on commercial models is going to be immense. But organizations are still wondering where to focus and invest for maximum impact. Principal Matt Bartels recaps his time at Cannes Lions International Festival of Creativity, what he's hearing from industry leaders on AI and themes that were evident from across the event. #AI #ArtificialIntelligence #Research #Cannes24

Congratulations to the Global Center on AI Governance on the launch of the 1st edition of the Global Index On Responsible AI. Checkout insights from the comprehensive assessment of country commitments and progress to achieving human rights-respecting responsible AI. Read the report: https://global-index.ai/

Find out why corporate real estate needs a systematic approach to AI here

Very important to read: by JLL - The future of AI in CRE (Corporate Real Estate). Why corporate real estate needs a systematic approach to AI.

A well-structured AI strategy for CRE is necessary to prevent companies from falling into the trough of disillusionment. Read more about the future of AI in Real Estate from JLL's latest Future of Work survey.