CBRE Acquires E2C Technology to Enhance its Facilities Management Solutions

Dallas — CBRE Group, Inc. has acquired E2C Technology, an Artificial Intelligence/ Machine Learning (AI/ML) data-driven technology company that will 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 utilizes E2C’s cloud-based Nexus solution for rapid onboarding of commercial buildings based on AI/ML models for data ingestion, aggregation and normalization. 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.

In addition to Nexus, the acquisition adds E2C’s expertise to CBRE’s existing talent team. E2C Co-Founder and CEO Anno Scholten is joining CBRE with a team based in Dallas and Singapore.

“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,” says Kapil Lahoti, chief digital & technology office for CBRE Global Workplace Solutions. “Bringing E2C’s talent and new generation software onto our platform positions CBRE to lead the market with its differentiated Smart Facilities Management solutions.”

CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). For more information, visit www.cbre.com.

 

 

 

SOURCE: CBRE Group, Inc.

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