Building Engines Launches Advanced HVAC Solution for Complete Lifecycle Management | national company

BOSTON–(BUSINESS WIRE)–February 2, 2022–

Building Engines, a leading provider of building operations software for modern commercial real estate (CRE), today announced that it has extended the functionality of its Prism platform with an advanced HVAC management solution and fully integrated. Owners, operators and tenants will now be able to streamline and automate the entire HVAC maintenance and compliance lifecycle within Prism, providing complete visibility of all building equipment and systems. with precise and consolidated data.

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Effective HVAC management is essential for optimal building operations, which has implications for tenant experience, capital planning, regulatory compliance, health and safety, and net operating income (NOI) . Yet maintaining HVAC systems – and the data associated with them – is often a difficult and costly undertaking for property teams and tenants. Building Engines has integrated its advanced HVAC functionality directly into Prism, basing it on functionality from Ravti, the HVAC management software that Building Engines acquired in early 2021. The enhanced capabilities make it easier to track and demonstrate compliance triple net lease for industry and retail. properties, reduce regulatory burden, and predict asset life with detailed dashboards and unit-by-unit reporting.

“Data is an integral part of proper maintenance, but collecting and finding the right data has always been a problem for commercial real estate teams,” said Jeff Thompson, vice president of product management at Building Engines. “This latest enhancement builds on Ravti’s domain expertise to improve HVAC management with Prism’s technology, ensuring our customers have the most modern and innovative solutions to operate their buildings. Owners, operators and tenants can now use Prism as a single platform to make more informed decisions and elevate HVAC operations to the highest level of service.

Prism is a comprehensive, easy-to-use system that brings together all the technologies and applications used to manage buildings in one place. The platform’s advanced HVAC solution now streamlines the collection, storage and retrieval of relevant data to properly maintain HVAC equipment with features such as:

• Capital Inventory and Planning: Enables more informed decisions with a digital inventory of every unit, including make, model, year, location, and service history with expectancy rating ASHRAE lifestyle
• Tenant Compliance: Provides flexibility in managing different types of compliance requirements, extracting proof of inspections and details from service records with tenant compliance reports
• Bid Management: Simplifies the bidding process with extensive access to a network of vendors to collect bids and compare equipment maintenance and replacement costs

These improvements follow the closing of the strategic acquisition of Building Engines by JLL. As part of JLL Technologies, the technology division of JLL, Building Engines intends to extend the reach of Prism and expand its open platform to create a comprehensive building operations technology ecosystem for investors and real estate operators.

For more information, visit https://www.buildingengines.com/platform.

About JLL

JLL (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. JLL is shaping the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, incredible spaces, and sustainable real estate solutions for our clients, associates, and communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in more than 80 countries and a global workforce of more than 95,000 people as of September 30, 2021. JLL is the name of trademark and registered trademark of Jones Lang LaSalle Incorporated. For more information, visit jll.com.

About Build Engines

Building Engines, a JLL company, improves the net operating income of the world’s best performing commercial real estate (CRE) portfolios. Our customers increase revenue, deliver the best occupant experience, and reduce operating costs with Prism, the industry’s most innovative and powerful building operations platform. Today, more than 1,000 clients rely on Building Engines to manage critical operational needs on more than three billion square feet and 35,000 properties worldwide. To learn more, visit www.buildingengines.com.

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CONTACT: Building Engines – Communications V2

Megan Neon

617-426-2222

[email protected]

KEYWORD: MASSACHUSETTS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ENVIRONMENT OTHER TECHNOLOGIES SOFTWARE URBAN PLANNING FINANCE REIT CONSULTING BUILDING SYSTEMS OTHER CONSTRUCTION & PROPERTY PROFESSIONAL SERVICES DATA MANAGEMENT ARCHITECTURE TECHNOLOGY COMMERCIAL BUILDING & REAL ESTATE OTHER ENERGY CONSTRUCTION & PROPERTY UTILITIES ENERGY ALTERNATIVE ENERGY

SOURCE: Construction Engines

Copyright BusinessWire 2022.

PUBLISHED: 02/02/2022 09:00/DISC: 02/02/2022 09:02

http://www.businesswire.com/news/home/20220202005490/en

Copyright BusinessWire 2022.