The Future of Commercial Real Estate with CBRE Chief Digital and Technology Officer Sandeep Davé

On the 22nd episode of Enterprise Software Innovators, hosts Evan Reiser (Abnormal Security) and Saam Motamedi (Greylock Partners) talk with Sandeep Davé, CDTO at CBRE. CBRE is a Fortune 500 commercial real estate company, with $27B of revenue and more than 100,000 employees operating in over 100 countries globally. In this conversation, Sandeep shares fascinating insights into CBRE’s innovative uses of technology, including augmented reality solutions for technicians, their venture into consumer facing applications, and AI capabilities that reinvent the commercial real estate experience.

Quick hits from Sandeep:

On CBRE utilizing AR/VR solutions to combat the talent gap: "The built world is going through this transition where especially for complex assets such as life science labs or hospitals, the technician talent and the knowledge pool of the technician talent is reducing. And so we actually applied AR capability to [have] four eyes in the field…you have a more junior technician in the field, but also have a more experienced technician behind the scenes, seeing what the person is seeing, guiding them through what changes they or what the diagnostic is and what they should be doing as a result."

On 'self-healing' buildings of the future: "I think we are starting to scratch the surface on remote diagnostics and remote maintenance. I fully see ten years from now the likelihood of this concept of self-healing buildings, where they are much better managed with less human intervention, and the humans are doing a lot more productive work than they do today."

On generative AI transforming real estate planning: "Imagine designing a building and saying, well, I wanted to have this ESG footprint and running multiple models through generative AI technologies, then creating a visual digital twin of it and saying, well, here's how it would look, and these are the different ways that it could look. And then being inside the building to say, well, would you like it to look like this? And see it in an immersive manner, not just on your browser, but to see it in an immersive manner. The possibilities are so tremendous, and clearly I'm excited about it."

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Enterprise Software Innovators is a show where top tech executives share how they innovate at scale. Each episode covers unique insights and stories that will help you succeed as a technology leader. Find more great lessons from tech leaders and enterprise software experts at https://www.enterprisesoftware.blog/ 

Enterprise Software Innovators is produced by Luke Reiser and Josh Meer.