JLL Putting Emphasis on High-Tech Solutions

Doug Sharp, president of JLL, Corporate Solutions

CHICAGO—JLL has been in the midst of a high-tech transformation, and it has done so both through strategic acquisitions and developing the techniques in-house. But in the seven or eight years that has passed since launching this initiative, the Chicago-based company has succeeded in bringing new sets of analytic tools to every aspect of its business. And so far, the effort has been quite worthwhile.

Doug Sharp, president of JLL Corporate Solutions, tells GlobeSt.com that the company has already provided about $500 million in services to its clients through these high-tech efforts. Perhaps its best known tech endeavor is the RED data and analytics platform, launched in 2015, which gives real estate managers access to granular-level data about maintenance, equipment use and building performance in an easily-digestible manner. But RED does more than assist with property management issues. Users can also glean information about the macroeconomic environment, and get help with project management and lease administration.