CHICAGO - February 7, 2018 (Investorideas.com Newswire) From reducing energy costs to improving the tenant experience, smart building technologies are transforming how buildings are used and managed. Reflecting this trend, Canada's federal Public Services and Procurement Canada (PSPC) is implementing a Smart Buildings initiative in federal buildings. The department has selected JLL (NYSE:JLL) to deploy its smart building technology platform, IntelliCommandSM, at approximately two-thirds of the buildings in its portfolio.
Canada's Smart Building Initiative underscores a growing recognition for the role of modern data management, monitoring and decision support services in creating high-performance buildings. The initiative aims to make Canada's federal buildings more energy efficient and reduce greenhouse gas emissions to support Canada's commitment to protecting the environment and its resources.
"Innovative smart building technologies are leading the way toward reduced energy costs and smaller carbon footprints in the built environment," said Jiri Skopek, Managing Director of Sustainability at JLL. "We're pleased to be partnering with Canada in using our proven smart buildings platform to support the government's sustainability commitment."
JLL first became involved in the Smart Buildings initiative during a competitive pilot program in 2015. During the pilot, JLL implemented its proprietary smart building platform, IntelliCommand, at two buildings in Canada's National Capital Region. The pilot reduced energy usage by 17 percent and saved the government $1.3 million since 2015, with $450,000 in savings from the two buildings managed with IntelliCommand. Following the successful pilot, PSPC selected two service providers to deploy smart building technologies across federal buildings through a national standing offer procurement.
JLL's proprietary IntelliCommand smart building platform provides real-time monitoring and fine-tuning of building systems to maximize efficiency. It collects and analyzes data from multiple building systems, including critical mechanical and electrical systems. JLL's portfolio energy experts use best-in-class algorithms to detect equipment or operational trends and issues.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2017, JLL had revenue of $7.9 billion and fee revenue of $6.7 billion; managed 4.6 billion square feet, or 423 million square meters; and completed investment sales, acquisitions and finance transactions of approximately $170 billion. At the end of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of 82,000. As of December 31, 2017, LaSalle had $58.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
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