Multinational CRE services firm JLL has acquired Hank, a virtual engineering platform that uses artificial intelligence (AI) to optimise the management systems of commercial buildings.
The cloud-based Hank system seeks to optimise energy efficiency, air quality, maintenance costs and tenant comfort. It targets HVAC programming inconsistencies and energy and equipment performance inefficiencies. It connects to an existing building automation system (BAS) and develops a “digital twin” of the building to learn how it operates before generating a systems audit of the building. Efficiency adjustments can then be actioned remotely.
"Our vision for the future of buildings is automated, AI-powered, smart and sustainable,” said Sharad Rastogi, President at JLL Technologies (JLLT), a division of JLL.
“JLL’s acquisition of Hank represents a continued commitment to drive sustainability and embrace technology to shape the future of real estate for a better world.”
“Having worn many hats in the building management space, we uniquely understand the opportunity to drive impact through smart building technology,” said Zachary Denning, CEO of Hank. “With JLL, we will have the resources to scale faster to advance healthy, sustainable buildings worldwide.”