JLL Introduces Real Estate Data and Insights Platform, JLL Azara
SAN FRANCISCO, June 7, 2021 / PRNewswire / – JLL (NYSE: JLL) today announced the release of JLL Azara, the breakthrough corporate real estate data and insights platform that enables businesses to make proactive, data-driven decisions about portfolio, facilities, space and workplace management. JLL Azara was developed by JLL Technologies (JLLT), a division of JLL dedicated to commercial real estate technology (CRE). JLL Azara leverages the company’s decades of experience to provide important information and recommendations in real time to make strategic and operational decisions across companies.
“The collection and use of data has so much untapped potential in CRE technology, with benefits that can extend to entire organizations and impact not only business decisions but also overall employee experience and sustainability practices,” said Sharad Rastogi, President, Sales, JLL Technologies. “JLL Azara is an extension of JLL Technologies’ work to empower executives with more dynamic, data-driven decision-making and accelerate business impact from months to days. With over 200 years of embedded real estate expertise, we are uniquely positioned to provide real real estate data expertise for our clients. Imagine a world where data from building sensors could detect patterns in offices, such as building management activities and workplace behavior, that can be tracked over time for advanced planning and decision making by JLL Azara. “
Real estate costs are the second largest burden on the balance sheet for most businesses, but according to a recent Forrester survey, 62% of corporate real estate decision makers said they lacked the technology to analyze data. In fact, the survey of the future of JLL’s work shows that access to effective data and analysis is among the top three constraints limiting the ability of corporate real estate leaders to add value within their business. JLL Azara uses machine learning to bring together isolated, disparate data sets on one platform to provide a single source of truth that enables real-time insights and action from data.
“While most organizations are now in abundance of data, the hurdle is how to use it to get positive results,” said Mark Schmitz, Executive Vice President and Chief Operating Officer, Citrix. “As a JLL client, having access to a solution that draws insights and recommendations from data to guide our real estate decisions is an invaluable resource.”
Product details and advantages
JLL Azara was designed from the ground up to meet the needs of leading corporate real estate companies, helping to solve the data challenges they face with market-leading business intelligence and machine learning technology. The comprehensive platform supports the entire real estate life cycle in three categories: portfolio optimization, facilities and operation, and space and workplace management. In the future, JLL Azara will be expanded to include additional categories such as energy measurement and management. The platform offers benefits to corporate real estate decision makers including:
- Maintenance in the cloud: This SaaS-based product offers constant availability without maintenance and the highest level of security and protection.
- Easier system integrations: Thanks to platform integration with all relevant real estate systems, including ERP, IWMS, IoT and CRE applications, company real estate decision-makers can quickly integrate JLL Azara into their operating models.
- Access to real-time data and industry benchmarks: Executives can make better, faster business decisions by viewing real-time internal and external data organized on over 30 pre-built dashboards, employee experiences in the workplace and increasing facility management efficiency while managing risk and compliance .
- Immediate Cost Savings: Leading real estate companies can find potential savings opportunities by analyzing comparable rental properties in the market and identifying above average building costs.
- Better workplace experiences: Facility managers can be made aware of immediate needs that impact employee workplace experiences, as well as critical compliance situations such as signage and space density issues.
JLL Azara is currently available in English worldwide, although support for more languages is under development. A demo of JLL Azara and information on how to buy can be found at https://www.jllt.com/azara-cre-bi-platform/.
About JLL Technologies
JLL Technologies (JLLT) is a division of JLL, a global leader in real estate services, helping businesses transform the way they buy, operate, manage and experience space. JLLT is a unique team that brings together builders from high-growth technology companies and experts in commercial real estate. Its extensive technology portfolio of purpose-built solutions and leading venture capital-backed companies exceeds industry needs for better business intelligence, workplace experience and intelligent building platforms. Learn more at www.jllt.com.
About JLL
JLL (NYSE: JLL) is a leading professional services company specializing in real estate and investment management. JLL is shaping the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our employees and our communities. JLL is a Fortune 500 company with annual sales of $ 16.6 billion in 2020 operations in over 80 countries and more than 91,000 employees worldwide March 31, 2021. JLL is the brand name and registered trademark of Jones Lang LaSalle Incorporated. Visit jll.com for more information.
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