Prescriptive Data, developers of the world’s first operating system for the built environment, announced today that it has appointed Sonu Panda as CEO, effective immediately. Panda will work alongside John J. Gilbert III, Executive Chairman of Prescriptive Data and COO of Rudin Management Company (RMC).

In his new role, Panda is charged with developing and executing Prescriptive Data’s business and technology strategy, and will oversee all functions within the company, including sales, business development, marketing, customer on-boarding and success, engineering, talent management, finance and all administrative operations.

Prior to Prescriptive Data, Panda most recently served as the co-founder and COO of H.Bloom, a B2B marketplace company, where he developed the company’s operational model, established both product/technology development and process engineering efforts, and managed day-to-day business operations.Prior to H.Bloom, Panda was VP of On-Demand Sales at CallidusCloud, a leading cloud provider of sales management solutions, driving its transformation from a traditional enterprise software company to a Software-As-A-Service (SaaS) firm.

Panda says of his new position: “At Prescriptive Data, we’re building ground-breaking technology for the real estate industry.Our analytical software and sensor technologies give any type of building a brain, a memory, the ability to learn from past operational experiences, and the necessary intelligence to drive the right operational actions, in the right building systems, at the right time.By helping real estate operators measure building performance, we’re helping them manage towards sustainability and are making smart buildings smarter, and more responsible as well.”

“Sonu’s background in technology entrepreneurship, in gearing companies for rapid growth, and in building meaningful customer and partner relationships globally, are great additions to Prescriptive Data,” Gilbert said.

Currently, RMC is using NANTUM in 17 of its NYC-based building portfolio, including 15 commercial buildings and two residential towers, totaling approximately 10 million square feet overall. The system has reduced RMC’s energy consumption by 13%, resulting in annual savings of 50 cents per square foot.

The creation of Prescriptive Data and the development of NANTUM further highlight RMC’s unique understanding of technology and real estate. Throughout the family’s over 100 year history of developing, owning, and operating real estate in NYC, RMC has been at the forefront of technology-enabled real estate, developing 55 Broad Street, the first totally wired office building in NYC; redeveloping 32 Avenue of the Americas, one of the most historically significant telecom buildings in NYC; and developing 3 Times Square, the skyscraper home to media giant Thomson Reuters’ North American headquarters.In early 2016, WeWork launched its “WeLive” residential co-living concept at RMC’s 110 Wall Street building.And, to follow, in summer of 2016, RMC broke ground on Dock 72, a 675,000 square-foot commercial development that will cater to the rapidly emerging technology and creative industries in Brooklyn.Today, RMC is continuing to build on its long legacy of innovation by enhancing, upgrading and growing its commercial portfolio.

Rudin Management Company (RMC)

RMC is a full service real estate organization managing the interests of the Rudin Family, which owns and operates one of the largest private property portfolios in NYC.Among its real estate holdings are 16 office buildings containing approximately 10 million square feet of space and 20 apartment buildings comprising over four million square feet of residences.

About Prescriptive Data

Established in 2015, Prescriptive Data is a privately held SaaS technology company based in NYC, focused on the Internet of Things (IoT), big data, and machine-learning as applied to built spaces of any and all types, globally.Prescriptive Data’s suite of cloud-based applications is available for portfolio managers and building owners, building operators, and corporate tenants developing sustainability strategies.

NANTUM, Prescriptive Data’s flagship product is the world’s first fully integrated cloud-based operating system for the built environment. NANTUM extracts and consolidates live data from a building’s systems, from external data providers, and from third-party technology solutions, into a secure cloud environment, and then employs machine learning algorithms to optimize operational efficiency and enhance tenant comfort, all while improving cash flows and thereby increasing the underlying value of real estate assets.Prescriptive Data’s newest product, NANTUM TF, extends NANTUM’s capabilities to individual tenants and their employees, driving tenant-level and employee-level behavioral changes that optimize space utilization, save energy, improve sustainability, and personalize employee comfort levels.

NANTUM and NANTUM TF are available for demonstration by appointment. For more information, please visit Prescriptive Data’s website at http://www.prescriptivedata.io /.