Global telecommunications company monetizes $100 million with data and business intelligence solution
A global telecommunications company had more than 5,500 heavily equipped properties not being utilized optimally, which resulted in wasted space and wasted dollars. The company was tasked with monetizing these under-utilized real estate assets to generate more than $100 million in additional revenue.
JLL Technologies implemented a solution that helped them:
- Identify 150 property candidates to consider monetizing
- Measure utilization based on power consumption rather than desks and headcount with a customized solution
- Make strategic and proactive decisions about which assets to monetize and what disposition approach to use with flexible insights into portfolio use and local market conditions
- Deliver real value through monetization of underutilized assets
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