Unlocking Real Estate Value with AI: A CBRE & AWS Prototyping Success Story

Hey there, data nerds and real estate moguls! It’s ya boi, back with another lit collab. This time, we’re diving deep into the world of AI-powered real estate with industry titan CBRE and the wizards at AWS Prototyping. Buckle up, because we’re about to explore how they built a next-level query environment that’s about to change the game.

CBRE: AI Pioneers in a Data-Driven World

CBRE, the name that needs no introduction in the commercial real estate game, is on a mission to unlock value across the entire real estate lifecycle using the power of AI. We’re talkin’ a company sitting on a treasure trove of data – think a whopping thirty-nine BILLION data points – that they use to make smart investment decisions, optimize building management, and basically dominate the market.

Now, CBRE already provides its clients with curated dashboards that would make any data scientist drool. But they wanted to take it a step further, you know? Give their clients the power to ask questions directly from the data, just like they’re chatting with a real estate guru (minus the questionable fashion choices). This meant saying “buh-bye” to those clunky custom report requests and “hello” to a smoother, more user-friendly data exploration experience. And how did they do this? Enter the magic of Natural Language Processing, or NLP as the cool kids call it.

Amazon Bedrock: Where Generative AI Gets Real

Let’s talk about Amazon Bedrock for a sec. This fully managed service is like the VIP lounge for foundation models (FMs), offering access to the biggest names in the AI game: AI21 Labs, Anthropic, Cohere, Meta, Stability AI, and of course, Amazon’s own homegrown talent.

Think of Bedrock as the ultimate AI toolkit. It’s got everything you need to build the next generation of AI applications, all wrapped up in a user-friendly package. We’re talking:

• A smorgasbord of high-performing FMs, all accessible with a single API. Talk about convenient!
• Say goodbye to coding nightmares! Bedrock makes it crazy easy to develop generative AI applications, even if you’re not a tech whiz.
• Security and privacy are baked right in, so you can rest assured your data is in good hands.
• Wanna get your hands dirty and customize those FMs? Bedrock’s got you covered with fine-tuning and Retrieval Augmented Generation (RAG).
• Forget tedious coding – create “agents” to automate complex business tasks like a boss.
• Built on a serverless architecture, Bedrock scales effortlessly and plays nice with all your favorite AWS services.