VTS recently announced the launch of Asset Intelligence. This new solution brings AI-driven lease abstraction to asset management teams. The technology integrates directly into the existing VTS platform. It transforms static lease documents into dynamic, living intelligence. Real estate professionals can now unlock mission-critical insights from building data. The system uses a foundation of 13 billion square feet of data. It also leverages 600,000 lease documents to ensure high accuracy.
Improving Efficiency in Real Estate Management
The industry often struggles with data locked inside fragmented tools. Asset Intelligence solves this by creating a centralized hub for information. The tool allows users to query documents conversationally. This feature, called Asset Chat, saves significant time. Furthermore, human experts verify the AI abstractions to maintain quality. This blend of technology and expertise provides a competitive advantage. Property teams can now make informed decisions with unparalleled speed.
“Increasing operational efficiency is more critical than ever, as teams are absorbing additional responsibilities in their day-to-day roles,” said Nick Romito, CEO of VTS. “Clean and reliable data, fully integrated in your existing tech stack, provides a holistic view of all the moving parts within a building, unlocking a true competitive advantage. Data is meaningless unless it’s easily accessible by those who need it to make informed decisions. With the launch of Asset Intelligence, we’ve built a centralized hub for companies to access all of the vital information that lives across different documents, systems, and teams.”
“The day-to-day expectations of property teams are continually expanding, and operational efficiency is more critical than ever,” said Ben Brown, Co-President and Head of the Americas at Brookfield. “It’s important our team has access to the most effective technology that enhances and expedites our decision-making and strategic planning. VTS is breaking down inefficient data silos and providing meaningful insights on assets and portfolios.”
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News Source: Businesswire.com
