Shanghai, November 29, 2023Cushman & Wakefield, a world-renowned real estate services and advisory firm, today announced that it will enable artificial intelligence (AI) in the lifecycle of commercial real estate transactions to improve the quality and efficiency of deliverables for clients and employees. ai+The company's new digital transformation strategy is powered by AI and based on proprietary data and partners, Cushman & Wakefield will digitally enhance operations, customer delivery and data management, creating new industry standards for commercial real estate while strengthening the company's own production efficiency.
ai+It is a human- and partner-focused AI strategy that encompasses Cushman & Wakefield's partnerships with strategic technology providers, customers, proprietary data and company employees to further make a positive impact. To enable digital transformation at scale, Cushman & Wakefield is actively collaborating with partners and proprietary AI products to gain access to the most advanced expertise and insights in the market. These initiatives will strengthen our brokers, services and research professionals, enabling them to continue to meet the decisions and needs of our clients. Just like the Cushman & Wakefield map system launched on September 20, 2023ai+Real-time, AI-driven information and automation systems will be provided.
Salumeh Companieh, Chief Information and Data Officer at Cushman & Wakefield, said:"AI provides an important enabler for our combined strength, and the real power of its transformation comes from the convergence of data, people, processes and technology. By seamlessly integrating these elements, we can strengthen security and orchestrate digital transformation for our customers and colleagues. ai+The efficient blend of our best-in-class consultants, digital platforms, and strategic technology partnerships, combined with our proprietary and external data, enables our clients and companies to take advantage of emerging technologies and set new industry standards for commercial real estate insights. ”
Cushman & Wakefield began enabling AI in 2018 with a focus on bringing business, data, and operations together. To date, our results include an 80% reduction in the cycle time and a reduction in the cost of the customer's chain through our proprietary network optimization capabilities.
With the help ofai+Cushman & Wakefield will unlock new insights and operational efficiencies through top-of-the-line partner technologies, including Jasper, an AI marketing generation tool, and proprietary large language models, bringing curated and optimized datasets to businesses. As one of the world's largest real estate services firms, Cushman & Wakefield employs 52,000 people in 400 offices in 60 countries and is committed to providing exceptional service to our clients. Cushman & Wakefield believes that harnessing the power of data and artificial intelligence is critical to the new era of customer experience.
Andrew McDonald, Global President and Chief Operating Officer of Cushman & Wakefield, said:"Cushman & Wakefield has a long-standing and unwavering commitment to delivering exceptional service to our clients through industry-leading thought leadership and expertise. ai+Stemming from our deep understanding of digital and data maturity, through:ai+Cushman & Wakefield will provide clients with a 'forward-thinking commercial real estate platform' that meets the potential future needs of landlords, tenants and companies through a flexible, scalable and secure operating model." ”
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