JLL today launched its global Centre of Expertise (“CoE”) for Technology, Data & Information Management. This state-of-the-art facility is focused on harnessing emerging technologies and developing new solutions for JLL and its clients. As India’s first global centre for property technology (“PropTech”), the CoE will set new standards of innovation for the commercial real estate industry.
Spread over 20,000 sq.ft. at Prestige Trade Towers in Bangalore, the CoE will open with 170 (and growing) highly skilled tech experts working together to provide a single data, engineering and support platform to JLL and its clients globally.
More importantly, the CoE will drive rapid iterative innovation, aiming to set new standards for the commercial real estate industry. This includes experimenting with data and technology design, artificial intelligence, augmented reality, virtual reality and other emerging technologies to help JLL’s clients to make smarter decisions about real estate.
The CoE will also collaborate with other technology partners to prototype and fast track new solutions and ideas.
The new workplace features an open, collaborative design, catered to the varied workflows of each employee, including focus pods, collaboration lounges and relaxation spaces. The centre also integrates smart technology such as Cave Automatic Virtual Environment (CAVE) projections, allowing teams to utilise the immersive virtual reality environment for research, design or analysis. Wellness was another key consideration and the space was designed to meet the WELL Gold standard for the highest levels of health and safety in a workplace.
The inauguration of the CoE is the latest in JLL’s ongoing digital transformation, alongside strategic acquisitions, appointment of Silicon Valley leader Vinay Goel as Chief Digital Product Officer and launching JLL Spark, a global division dedicated to identifying and delivering new technology-driven real estate service offerings.