United KingdomReal estate2024 – ongoingSavills
Savills GPT for searching contracts and firm documents
Savills built a GPT tool with OpenAI so staff can pull answers from contracts in seconds
Problem
Property information at Savills sat in contracts and other documents across the business. Staff had to dig through them by hand.
Approach
Savills set up a 12-member AI task force. It built Savills GPT with OpenAI, and staff use it to retrieve answers from contracts and other documents. The firm also vetted AI partners for safety and ran an AI rotation for its young-broker training program.
Results
No published figures
Takeaway
Savills began with a cross-business task force and an internal document tool before planning anything client-facing.
Categories
- Size
- Large enterprise
- Industry
- Real estate
- Business function
- Internal work and knowledge management
- Innovation type
- Process innovation
- AI technology
- Generative AI
- Adoption
- Partner co-development
- Evidence
- Company's own claim
Sources
Source summaries
Sponsored content produced by Savills with Bisnow Studio B. Savills North America's CIO describes the AI task force and Savills GPT, built with OpenAI, which retrieves contract data within seconds. The piece gives no performance figures.
Full details are in the original sources.
