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Cushman & Wakefield (NYSE: CWK), a global leader in real estate services, has unveiled a collaborative effort with Microsoft to implement a sophisticated suite of artificial intelligence (AI) solutions.
Salumeh Companieh, Chief Information & Data Officer at Cushman & Wakefield, emphasized the firm’s commitment to integrating technology seamlessly to elevate service offerings. The adoption of Microsoft Azure OpenAI Service and Copilot for Microsoft 365 signifies Cushman & Wakefield’s endeavor to combine robust technologies with market intelligence and expertise.
Since 2018, Cushman & Wakefield has prioritized the alignment of business, data, and operations, resulting in significant achievements such as an 80% reduction in operational cycle time and decreased client supply chain costs through proprietary optimization capabilities.
Azure OpenAI Service
Azure OpenAI Service, a cloud-based generative AI solution, offers a myriad of capabilities, including access to cutting-edge AI models supported by Azure’s infrastructure. This collaboration empowers Cushman & Wakefield to leverage cloud computing, data analytics, and AI to deliver innovative solutions, enhancing customer experience, operational efficiency, and competitive advantage.
The platform facilitates the development, deployment, and management of AI solutions across various scenarios and domains, including machine learning, cognitive services, bot framework, computer vision, natural language processing, and speech recognition.
Microsoft Technology Centers
Cushman & Wakefield gains access to Microsoft Technology Centers, renowned for providing immersive experiences and technical engagements worldwide. These centers facilitate collaboration with academic, industry, and government partners to advance AI research and create impactful applications.
Copilot for Microsoft 365
Copilot for Microsoft 365 integrates next-generation AI into workplace productivity tools, such as Teams, Outlook, and Word, to enhance user experience and productivity. It offers suggestions, summaries, and content analysis across documents, presentations, chats, emails, and meetings while ensuring data security and confidentiality.
Laura Craig, General Manager, Data & AI at Microsoft, expressed optimism about the collaboration, highlighting its potential to drive innovation across commercial real estate.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm, serving property owners and occupiers with a workforce of approximately 52,000 employees across 400 offices in 60 countries. The firm’s core services include property management, leasing, capital markets, and valuation, with a focus on Diversity, Equity, and Inclusion (DEI) and Environmental, Social, and Governance (ESG) initiatives.
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By Ravi Kumar
