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In this Research Note, we explore JLL Workplace Management business, the reportable business segment providing a facilities management service offering for building occupiers. We focus on its organization within Work Dynamics, financial highlights, and acquisitions, based on their 2024 full-year results, 19th February 2025, and their latest 10K Report. JLL Profile For over 200 years, JLL, a global commercial real estate and investment management company, has helped clients buy, build, occupy, manage, and invest in a variety of commercial, industrial, hotel, residential, and retail properties. JLL is a Fortune 500 company with annual revenue of $23.4 billion, operations in over 80 countries and a global workforce of more than 112,000 as of end of 2024. Revenue Mix 2024 10K Report Workplace Management Workplace Management is the largest of 3 businesses within the Work Dynamics division, accounting for 77% of divisional revenues and 53% of total JLL revenues. The business provides facility management services globally to […]

This presentation discusses our latest research on IoT connectivity in commercial buildings, projecting growth from approximately 2 billion connected devices in 2024 to 4 billion by 2030. Our analysis covers retail, offices, hotels, warehouses, and data centers, examining connectivity types, implementation frameworks, emerging technologies, and security considerations. Commercial Building IoT Technology Stack Our research identifies […]

IoT Sensors form part of the foundation of modern building technology, generating the real data that the IoT depends upon. Therefore, when sensor technology evolves, it creates new potential for the entire smart building ecosystem. Recent advances in semiconductor technology have produced smaller, cheaper, and more powerful sensing components, fueling an increase in stand-alone IoT sensors for specialized applications. Ranging from IAQ monitoring and submetering to seismic detection, the decrease in price of microcontrollers, and wireless modules has driven innovation in the IoT sensors space. “A myriad of new sensor modalities are now available to service the needs of the IoT in smart buildings, each promising improved accuracy, connectivity, and integration flexibility. This influx of options is transforming how commercial buildings are designed, operated, and maintained,” explains our latest IoT research that measures the maturity of various established and emerging sensor technologies. Historically, building sensors were designed to connect with local controllers or BAS networks, […]