Software and hardware form foundational structure of a
differentiated technology platform
CHICAGO, July 26,
2022 /PRNewswire/ -- JLL (NYSE: JLL) announced today
the acquisition of Envio Systems (Envio), a Berlin-based technology company that delivers
more efficient and sustainable building operations by intelligently
integrating data from building systems and providing predictive
analytics and building automation.
Founded in 2013 to accelerate sustainability outcomes in the
built environment, Envio's market-leading hardware and software
enable access to and analysis of data from sensors and applications
across systems and functions (e.g., HVAC, lighting management,
energy management) to facilitate predictive decision-making around
utilities and operations, health and comfort, and sustainability –
regardless of existing installed equipment or technology, building
size or age.
Work, the workforce, and the workplace have fundamentally
changed as a result of the pandemic and the acceleration of global
digital transformation. Working in a hybrid mode is now expected by
60% of office workers, and 59% of employees expect to work in a
company that supports their health and wellbeing.1
Flexibility, optionality, and real-time responsiveness are required
to meet rapidly changing demand and evolving employee
preferences.
"We welcome the Envio team into JLL and are excited about our
collective vision to enable our clients to manage their real estate
more dynamically," said Neil Murray,
CEO of Work Dynamics, JLL. "Combining Envio's best-in-class systems
with JLL's expertise, technology and global platform – along with
our shared values around innovation and sustainability – will
enable us to solve our clients' problems better, faster, and more
cost-effectively than anyone else in the industry."
The Envio technology will form the foundational infrastructure
of a differentiated platform for delivering intelligent and
sustainable building solutions that disrupt current building
operation models with more flexibility, speed, and optionality into
how spaces are planned, managed, and serviced.
"Our purpose at JLL is to shape the future of real estate for a
better world, and with this acquisition of Envio we are
meaningfully accelerating our ability to deliver on that promise
for our clients," said Yishai
Lerner, Co-CEO, JLL Technologies.
"We are thrilled to join JLL, which has a strong track record of
leveraging and integrating disruptive technology to drive shared
value for clients and communities," said Reza Alaghehband, Envio founder and CEO. "Our
talent, hardware and software, together with JLL's global scale and
integrated capabilities, will accelerate the delivery of smarter,
more sustainable workplaces and buildings to our clients
globally."
This acquisition will integrate with and enhance recent
investments in technology-enabled service delivery – including
Dynamic Occupancy Management and Dynamic Cleaning.
"Integrating the Envio team and technology with JLL's robust
Workplace Management capabilities will advance our commitment to
enabling clients to shape their workplaces and their employees'
experiences to achieve more human-centric, more resilient, and more
responsible real estate, and create a better world of work," said
Murray.
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 $19.4 billion,
operations in over 80 countries and a global workforce of more than
100,000 as of March 31, 2022. JLL is
the brand name, and a registered trademark, of Jones Lang LaSalle
Incorporated. For further information, visit jll.com.
Connect with us
https://www.linkedin.com/company/jll
https://www.facebook.com/jll
https://twitter.com/jll
Contact: Gayle Kantro
Phone: +1 312 228 2795
Email: gayle.kantro@am.jll.com
1 JLL Workforce Preferences Barometer,
June 2022
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SOURCE JLL-IR