CBRE Announces Strategic Partnership with AI Innovator Litbit

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CBRE Data Centre Solutions, the world’s leading integrated data centre operations provider, and Litbit, a leading AI company, have announced a strategic relationship to revolutionise facilities maintenance within data centres and critical environments.

CBRE Data Centre Solutions, the world’s leading integrated data centre operations provider, and Litbit, Co., a leading AI company, have announced a strategic relationship to revolutionise facilities maintenance within data centres and critical environments.

Through this partnership, CBRE will deploy Litbit’s AI technology to magnify the reach and availability of its integrated data center operations teams. CBRE will firstly train a Litbit AI persona named “REMI” (Risk Exposure Mitigation Intelligence) on the normal operating conditions of its data centre facilities and equipment globally, which can then be utilized by CBRE’s expert teams for predictive maintenance and rapid problem diagnosis.

With this move, CBRE is taking a decisive step to lead in the data centre AI space by creating the world’s largest actionable AI repository of machine operating data.

Litbit has been working with CBRE Data Centre Solutions’ Chief Reliability Officer, Mike Doolan, a Certified Reliability Leader, to drive innovative and transformational maintenance solutions into the 800+ data centre locations that CBRE currently manages to maximize site availability, minimise risk and optimise costs.

REMI will run both in the cloud via smartphone and on the edge via permanently deployed computing devices. It will aggregate the knowledge of CBRE’s worldwide service experience, thousands of technicians, and millions of machines into a single system. REMI will provide improved coverage for manned locations and basic coverage in sites that are not currently viable for human staffing.

CBRE Data Centre Solutions President, Paul Saville-King commented, “Artificial intelligence is transforming industries in all parts of the economy. CBRE has always had a commitment to using technology to provide better results for our customers at optimal cost to value, and we believe this technology will allow us to further this agenda. The idea that expert knowledge of all the facilities, assets and equipment we manage can be in the back pocket of every CBRE technician is exciting and revolutionary.”

Scott Noteboom, CEO of Litbit, Inc. commented, “CBRE is the perfect example of a company whose operating model can be transformed by artificial intelligence. Their global scale, varied client base, and mission critical remit mean that they need complete flexibility of implementation, massive scalability, and a completely noninvasive way of implementing AI.”

About Litbit, Co.
Litbit is an AI platform that makes it easy for non-data scientists to train AI models for industrial predictive maintenance. Litbit’s revolutionary AI Personas learn from domain experts to recognize normal and abnormal operating conditions in spaces and equipment and diagnose them via either a smartphone or permanently deployed sensors.

About CBRE Group, Inc.
CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at http://www.cbre.com.

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Desta Price
Litbit
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Lucy Sulkin
CBRE
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