Cushman & Wakefield working with Microsoft on AI

February 21, 2024 | 14:49
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The globally renowned real estate firm Cushman & Wakefield announced in January that it was working with Microsoft to deploy an advanced suite of AI solutions.

Salumeh Companieh, chief information and data officer, Cushman & Wakefield said that the company was committed to seamlessly integrating its people with the right technology and processes to enhance service offerings to the clients.

“Today’s launch of the use of Microsoft Azure OpenAI Service and Copilot for Microsoft 365 at Cushman & Wakefield demonstrates our ability to pair robust technologies with market intelligence and expertise,” said Companieh.

Cushman & Wakefield working with Microsoft on AI

Cushman & Wakefield has been focused on aligning business, data, and operations since 2018. Results to date range from an 80 per cent material reduction in operational cycle time, to a reduction of client supply chain costs via proprietary supply chain network optimisation capabilities.

“With this next generation of AI, we have a unique opportunity to accelerate innovation across commercial real estate. We’re collaborating with Cushman & Wakefield to bring together AI advances that benefit from Microsoft Azure OpenAI Service and Copilot for Microsoft 365 to empower the firm’s professionals with the latest AI-powered tools,” said Laura Craig, general manager, Data and AI, Microsoft.

Azure OpenAI Service is a cloud-based generative AI solution that offers customers a range of capabilities, including access to cutting-edge AI models, backed by the power of Azure.

With Azure OpenAI Service, Cushman & Wakefield can benefit from the power of cloud computing, data analytics, and AI to deliver innovative solutions for its clients and stakeholders.

The platform enables developers to build, deploy, and manage AI solutions for various scenarios and domains. Some of the features of Azure OpenAI Service include machine learning, cognitive services, bot framework, computer vision, natural language processing, speech recognition, and more.

Microsoft Technology Centres are facilities that provide immersive experiences in over 50 locations around the world. Their architects collaborate with partners in academia, industry, and government to advance state-of-the-art AI.

The Microsoft Technology Centre is providing Cushman & Wakefield with access to cutting-edge research, tools, and the firm's top specialists to develop powerful and adaptable applications. It also provides insight into various areas that require AI solutions, with learning and improvement through feedback and advice.

Meanwhile, Copilot for Microsoft 365 brings the power of next-generation AI, grounded in the user and company’s data, to Microsoft’s workplace productivity tools like Teams, Outlook, and Word. It works alongside users to provide suggestions and summaries, while generating, analysing, and exploring data in documents, presentations, spreadsheets, notes, chats, email, meetings, and more.

Ensuring the safety and security of interactions with Generative AI is a crucial value driver for Cushman & Wakefield. Copilot for Microsoft 365 offers a high level of security as the firm leverages GPT models, providing clients with confidence that their data will not be exposed nor leave the company’s ecosystem.

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