Mastering the Fourth Industrial Revolution: JLL Meets at the World Economic Forum

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By: JC Pelusi, Market Leader, Managing Director, JLL

This week, JLL executives joined more than 2,500 global leaders at the 46th Annual Meeting of the World Economic Forum’s (WEF) in Davos-Klosters, Switzerland.

JLL is one of just 100 organizations across the globe honored with the title of WEF Strategic Partner. A group of key JLL leaders traveled to take part in the week’s events, including:

Throughout the week, the team is contributing to conversations around themes influencing our global economy. JLL leaders will partake in discussions regarding the role of real estate in global and smaller-scale economics, sustainability, and the gender parity. Below is an inside-look at topics discussed this week.

  • The top destinations for real estate investment.
  • The most dynamic cities in the world.
  • Ways to mitigate the frequency and severity of real estate cycles – the results of JLL’s joint research with the WEF.

Follow JLL thoughts, impressions and memorable moments from the forum in real time on the Notes from Davos blog. And, for more on the story behind JLL’s involvement at Davos, check out the video below from Colin Dyer.

A Tech Industrial Revolution

The WEF theme for 2016, “Mastering the Fourth Industrial Revolution,” will be the cornerstone of conversation at the forum this week. Technology is fundamentally changing the way we live and work by the millisecond. From production to governance, systems are changing across the world.

Ongoing developments in IoT, 3D printing, artificial intelligence, robotics, autonomous cars, and more are changing the way we do business. More importantly, consumer demands are evolving and expectations in supply chain management are evolving at a rapid pace.

JLL leaders will discuss what the technological revolution will mean for the future of real estate. For insights on the evolution of technology, business and commercial real estate across the globe, check out JLL’s infographic “The Fourth Industrial Revolution and Real Estate.”  

Here’s what JLL attendees have to say about the conference so far:

  • “Reflecting on this year’s Davos theme, Managing the Fourth Industrial Revolution, we were reminded that most things which are good in the long term tend to be a challenge in the short term. How true! Especially when we consider digital transformation.” – Christian Ulbrich
  • [The Davos theme] “addresses how new technologies are merging the physical, digital and biological worlds to impact individuals, organizations and societies, and how they will operate in the future. It’s a fundamental topic for the longer-term.” – Sheila Penrose 
  • “Coming here for the 10th year, I am drawn to discussions – and they are everywhere – about all the issues facing the world today: the Chinese economy, doubts over growth rates in the developed world, the U.S. elections, volatility in stock markets over the last six months, a potential directional change for global interest rates, and technology- and digitalization-related employment challenges.” – Colin Dyer

The conversations at the WEF conference at Davos leave no stone unturned. They are complex, diverse and will influence the minds of key influencers and major markets throughout 2016.

For more updates on the changing landscape of real estate in 2016, subscribe to the JLL Spaces Blog.


About the Author

JC Pelusi_Headshot_webJC Pelusi is an International Director for JLL and works out of the Pittsburgh office.  As the leader for JLL’s Great Lakes region, JC has extensive experience in a variety of areas, including Corporate Account Management and Transaction Services. View JC’s full bio to read up on his experience, or connect with him on LinkedIn.