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CBRE acquires AI/ML data-driven technology firm

CBRE Group has acquired E2C Technology, an Artificial Intelligence/ Machine Learning (AI/ML) data-driven technology company.

The move will enable CBRE to enhance and further differentiate its facilities management service offering and unlock significant value for clients through cost efficient operational reliability and technical excellence, sustainability solutions and improved workplace experience.

CBRE already utilises E2C’s cloud-based Nexus solution for rapid onboarding of commercial buildings based on AI/ML models for data ingestion, aggregation, and normalisation. CBRE’s Smart Facilities Management solutions, which includes data and intelligence from its management of billions of square feet, together with the Nexus technology, drives improved facility performance by detecting faults and inefficiencies, reducing energy use and costs, streamlining maintenance operations, measuring and managing occupant experience, and meeting increasing regulatory and reporting requirements for environmental sustainability.

As part of the acquisition, E2C Co-Founder and CEO Anno Scholten, is joining CBRE with a team based in Dallas and Singapore. Scholten commented: “Being part of CBRE allows us to bring our cutting-edge AI/ML tools and expertise together with an industry leading facilities management platform. We look forward to contributing to CBRE’s facility management platform and building out the next evolution of Facilities Management solutions.”

Kapil Lahoti, Chief Digital & Technology Officer for CBRE Global Workplace Solutions, said: “At CBRE we are committed to leveraging technologies that will drive the next evolution of facility management solutions that unlock significant value for our clients. Bringing E2C’s talent and new generation software onto our platform positions CBRE to lead the market with its differentiated Smart Facilities Management solutions.”

Creating a positive visitor experience in a Hybrid world of work

While some personnel are finally returning to the office – the great majority of organisations (up to 83 per cent) anticipate a hybrid mix of on-premises and working from home to continue for the foreseeable future.

This means that when it comes to providing access to the workplace, where once it was simply enough to maintain a welcoming reception for visitors, organisations today must also keep a close eye on access permissions in real-time to keep buildings safe and secure while ensuring they comply with compliance.

Pitney Bowes Smart Access Management in association with FMJ has produced a new White Paper which explains how to create a welcoming, actively managed environment for authorised people.

It explains how new Smart Access Management™ (SAM) delivers a complete, real-time and data-driven view of all your people, visitors and contractors, to help give you greater control and visibility.

To download the white paper click here.

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