Realcomm Weekly Briefing: December 13th 2024
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DATA | CDO TRENDS
The tech world loves a good prediction, but 2024 was the year that reality check-ed our AI-fueled fantasies. As Mark Jobbins, vice president and chief technology officer for Asia Pacific and Japan at Pure Storage, bluntly puts it: we’re moving from wild experimentation to the hard work of making technology deliver value. AI excitement meets harsh realities ...
3 min read
INDUSTRY | COMMERCIAL OBSERVER
On April 8, 2024, millions of Americans briefly left their homes, schools and workplaces to view the Great North American Eclipse, the first total solar eclipse visible from this part of the globe in nearly seven years. In some ways, this cosmic event became both a harbinger and a fitting metaphor for national commercial real estate in 2024.
3 min read
SMART BUILDINGS | BUILDINGS
All too often, smart building conversations revolve around the technology that can be installed within buildings to deliver management efficiencies, tenant experience improvements, and how these technologies create efficiencies that deliver building operations cost savings. However, we must not forget that technologies exist to help preserve and maintain the physical building ...
2 min read
AI | FORBES
In the sacred space of human creativity, the rise of AI, exemplified by technologies like ChatGPT, emerges as a digital echo of our collective intellect, a blend of intelligence and artificial design. It is both a marvel of engineering and a profound mirror held up to the human condition. Generative AI, with its intricate network of algorithms, embodies the paradox of modernity.
9 min read
INDUSTRY | BIG NEWS NETWORK
ABU DHABI, 10th December, 2024 (WAM) -- The Abu Dhabi Investment Office (ADIO) has entered into a strategic partnership with PGIM, the global asset management business of Prudential Financial Inc., to establish a new innovation centre in Abu Dhabi as part of the latest strategic partnership for RealAssetX. The strategic partnership was entered into today during ...
3 min read
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TECH | IRISH TECH NEWS
Schneider Electric, a global leader in energy management and automation, has positioned itself at the forefront of the AI revolution with the launch of its first-ever virtual broadcast dedicated to artificial intelligence. The event spotlighted Schneider’s innovative strategies and groundbreaking technologies aimed at transforming data centres to meet the ever ...
3 min read
CYBERSECURITY | DARK READING
We witnessed some of the largest data breaches in recent history in 2024, with victims including industry titans like AT&T, Snowflake (and, therefore, Ticketmaster), and more. For US businesses, data breaches cost more than $9 million on average, and they cause lasting damage to customer and partner trust. Still, a resounding 98% of companies work with vendors that have had a breach. While business leaders have become more cautious in ...
3 min read
TECH | SMART CITIES WORLD
Mobility solutions provider Moove has announced a fleet partnership with Waymo, an autonomous driving technology company. This collaboration represents the first commercial partnership of its kind on Waymo’s One app. Under the agreement, Moove will manage and dispatch Waymo’s fully autonomous fleet, beginning with operations in Phoenix in 2025 and expanding into Miami in 2026. Moove reports it will take responsibility for fleet operations, facilities ...
2 min read
INDUSTRY | CONSTRUCTION BRIEFING
Investment into technology in the built world – which covers buildings, roads, bridges, energy and infrastructure – could reach US$24 billion globally in 2024, according to the latest State of Built World Tech report, published by noa. According to the report, electrification, robotics, grid technology, and clean energy saw surges in investment. In the midst of a global funding downturn, built world tech saw a smaller fall in venture capital investment of 7% ...
1 min read
TECH | ANALYTICS INSIGHT
The real estate industry, long considered one of the most traditional sectors, has undergone a seismic transformation in recent years. The integration of analytics and artificial intelligence (AI) tools now enhance operational efficiency. It is also reshaping the way professionals approach property management, marketing, and investment decisions.
6 min read