Colliers launches its new technology platform- CoGence

Bengaluru, 09 November 2021 – Professional services and investment management firm Colliers announced the launch of its technology platform: CoGence, an Artificial Intelligence (AI) driven platform that enables remote site monitoring and advanced analytics thereby ensuring faster and more efficient management of its construction projects. The platform is developed in partnership with Inkers.

A press release issued by the company says that a challenging business environment has highlighted the need to adopt innovative technologies to ensure the health and safety of the onsite personnel while enhancing the services provided to clients.

Argenio Antao, Chief Operating Officer, Colliers India said “Colliers in India continues its focus on innovative technology platforms to provide customized and productive solutions for the business. CoGence as a platform has been developed to make the Project Management business more future ready, where one can get advanced analytics and real-time reports at fingertips “.

The release added that this platform provides productive solutions by reducing human error, enabling experts to monitor multiple sites, creating visual records, obtaining real-time data for virtual meetings, automating non-compliance, quality and safety issues, predictive analysis based on actual data.

Technology partner for this initiative – Inkers, a Bengaluru based firm has been in the AI and Computer Vision business for 12 years. During the last five years, Inkers has developed various unique AI solutions with regular and thermal imaging for reputed clients. Now they have partnered with Colliers to adopt and modify the same to enhance the Project Management processes of construction projects. The technology will be able to analyze both video and images even with lower resolution, such as that of a mobile phone and provide valuable inputs for the team.

“You can’t improve what you can’t measure! Without real-time on-site insights, it is extremely difficult to track progress, and productivity. Using our turnkey solution called CoGence, one can just walk around a construction site and track every component and on-going activities, while building a high precision 3D model of the building capturing its real-time status. Designed in collaboration with Colliers, this technology integrates AI analysis, BIM, scheduling, and project management tools”, said Rohan Shravan, Founder and CEO, Inkers.

Media Contact:

Sukanya Dasgupta

Director & Head, India Marketing & Communications

Sukanya.dasgupta@colliers.com

+91 9811867682/ 8826377335

Riddhi Vira

Manager, Public Relations | India

riddhi.vira@colliers.com

+91 9619776362

Afrin Shaikh

Slough PR| Associate Director

sloughpr.comm@gmail.com / afrin@sloughpr.com

9930257896

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com or follow us on:

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