Corporate real estate leaders: it’s time to face facts. The AI revolution isn't coming – it's already here, rewriting the rules of business faster than you can say “machine learning.” But here's the million-dollar question: Is your organization leading the dance, or stumbling to catch up?
“If you think the AI revolution is hypothetical or hyperbole – think again,” notes Ram Srinivasan, Managing Director and Global AI Adoption Leader with JLL Consulting Services. “This is an inflection point. A fundamental shift in how we work, innovate and create value. Companies that don't adapt will be obsolete.”
JLL's Future of Work 2024 survey revealed 90% of companies plan to harness AI in commercial real estate within the next five years. If you're not already strategizing your AI moves, you're already behind the curve.
“The future of work isn't about replacing humans with machines,” explains Peter Miscovich, Executive Managing Director and Global Future of Work Leader with JLL Consulting Services. “It's about creating a symbiotic relationship where AI augments human creativity and decision-making. The future of AI + CRE will create new intelligent collaborative workplace ecosystems.”
Real results, not just hype
Need proof? One global JLL financial services client saved a cool $120 million in operating costs by leveraging AI-powered workplace insights. Another Fortune 100 tech giant partnered with JLL to identify over 100 high-impact AI use cases, resulting in a transformative roadmap for their entire CRE function.
This isn’t just about enhancing energy efficiency or better data storytelling. We're talking:
o AI-driven space optimization that adapts in real-time to changing work patterns
o Predictive maintenance that eliminates downtime before it happens
o Hyper-personalized experiences that make every employee feel like a VIP
JLL's AI adoption approach ensures AI actually improves your CRE operations and stickiness for top talent. You don’t have to just take our word for it, though. HP’s 2024 Work Relationship Index revealed “68% of knowledge workers… and 76% of business leaders seek a personalized work environment. Employees value tailored work environments so highly that 87% are willing to accept a 14% pay cut to have it. Notably, Gen Z workers will accept a 19% pay cut, emphasizing the importance of flexible and personalized work experiences in retaining top talent.” That's the power of leveraging AI in your workplace strategy.