SAN FRANCISCO, June 7, 2021 /PRNewswire/ -- JLL (NYSE: JLL)
today announced the release of JLL Azara, the pioneering corporate
real estate data and insights platform that enables organizations
to make proactive, data-driven portfolio, facilities, space and
workplace management decisions. Built by JLL Technologies (JLLT)—a
business division of JLL dedicated to commercial real estate (CRE)
technology—JLL Azara leverages the company's decades of expertise
to surface essential information and recommendations in real time
to drive strategic and operational decisions across
organizations.
![](https://mma.prnewswire.com/media/1527009/JLLT_Logo.jpg)
"Capturing and leveraging data has so much untapped potential in
the CRE technology space, with benefits that can extend across
entire organizations, impacting not only business decisions but
overall employee experience and sustainability practices as well,"
said Sharad Rastogi, President,
Revenue, JLL Technologies. "JLL Azara is an expansion of JLL
Technologies' work to empower leaders through 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 bring real estate data
expertise to our clients. Imagine a world where data from building
sensors could detect patterns across offices, such as building
management activity and workplace behavior, that can be tracked
over time to allow for advanced planning and decision-making. This
is the power of JLL Azara."
Real estate cost is the second largest liability on the balance
sheet across most business sectors, yet 62% of corporate real
estate decision-makers indicated they lack the technology needed to
analyze data, according to a recent Forrester survey. In fact,
JLL's Future of Work Survey indicates that access to effective
data and analytics is among the top three constraints that limit
corporate real estate leaders' ability to add value within their
organization. JLL Azara uses machine learning to unite siloed,
disparate datasets in one platform, providing a single source of
truth that enables insight and action from data in real time.
"Although most organizations now possess a wealth of data, the
hurdle is using it to drive positive outcomes," said Mark Schmitz, Executive Vice President and Chief
Operating Officer, Citrix. "As a JLL client, having access to a
solution that derives insights and recommendations from data to
guide our real estate decisions is an invaluable resource."
Product Details and Benefits
JLL Azara was built from the ground up to meet the needs of
corporate real estate leaders, helping solve the data challenges
they face with market-leading business intelligence and machine
learning technology. The comprehensive platform supports the
complete real estate lifecycle across three categories: portfolio
optimization, facilities and operations, and space and workplace
management. In the future, JLL Azara will expand to cover
additional categories such as energy measurement and management.
The platform provides benefits to corporate real estate
decision-makers including:
- Maintenance in the cloud: This SaaS-based product
delivers always-on availability with no maintenance hassle and the
highest levels of security and protection.
- Easier system integrations: Through platform
integration with all relevant real estate systems, including ERP,
IWMS, IoT and CRE applications, corporate real estate
decision-makers can quickly onboard 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 across 30-plus
pre-built dashboards, which help to optimize real estate
portfolios, improve space utilization, enhance employee workplace
experiences and drive facilities management efficiency, all while
managing risk and compliance.
- Immediate cost savings: Corporate real estate leaders
are able to find potential savings opportunities by analyzing
comparable lease properties in the market and identifying higher
than ordinary facilities costs.
- Better workplace experiences: Facilities managers
can be alerted to immediate needs that impact employee workplace
experiences, in addition to important compliance situations such as
signage and space density issues.
JLL Azara is currently available in English globally, although
support for additional languages is in development. For a demo of
JLL Azara, and to inquire about purchasing, please visit
https://www.jllt.com/azara-cre-bi-platform/.
About JLL Technologies
JLL Technologies (JLLT) is a division of JLL, a world leader in
real estate services, that helps organizations transform the way
they acquire, operate, manage and experience space. JLLT is a
first-of-its-kind team combining builders of high-growth tech
companies and commercial real estate experts. Its comprehensive
technology portfolio of purpose-built solutions and leading
venture-backed companies exceed industry demands for better
business intelligence, workplace experience and smart building
platforms. Learn more at www.jllt.com.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that
specializes in real estate and investment management. JLL shapes
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
people and our communities. JLL is a Fortune 500 company with
annual revenue of $16.6 billion in
2020, operations in over 80 countries and a global workforce of
more than 91,000 as of March 31,
2021. JLL is the brand name, and a registered trademark, of
Jones Lang LaSalle Incorporated. For further information, visit
jll.com.
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Contact: Ramona Redlingshafer
Email: Ramona.Redlingshafer@am.jll.com
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SOURCE JLL