In this episode, Mahnaz Ensafi, PhD sits down with Stephen DeVito of Procon Consulting and ...
How AI Is Transforming Asset Management
Episode Summary
Episode Notes
In this episode, IBM’s Kal Gyimesi and Vishal Rane explore how AI is redefining efficiency in asset lifecycle management. They share why strong data governance is the foundation for successful AI adoption — noting that only 25% of AI projects meet ROI expectations due to disconnected systems. The conversation breaks down different types of AI, including generative AI, machine learning, chat assistance and intelligent agents, and how each drives smarter decision-making. They also emphasize the need for continuous testing, monitoring and responsible deployment to ensure reliability and long-term value across operations.
- 00:00 Introduction to AI in Facility Management
- 01:38 The Hype and Reality of AI
- 03:10 Types of AI in Organizations
- 04:34 Asset Lifecycle Management
- 07:18 Data Governance and AI Implementation
- 08:31 Corporate Real Estate and Digital Transformation
- 12:09 Conclusion and Key Takeaways
This episode is sponsored by ODP Business Solutions!
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Show Contributors
- Kal Gyimesi
- Vishal Rane
- Elizabeth Shelton

