Phillips Edison & Company Wins Top AI Award at Realcomm Conference

Core Insights - Phillips Edison & Company, Inc. (PECO) was awarded the Digie Award for its integration of artificial intelligence (AI) into business operations, enhancing efficiency and productivity [1][2][5] - This award highlights PECO's commitment to innovation and excellence in the commercial real estate sector, marking its third Digie Award win [2][3] Company Overview - PECO is one of the largest owners and operators of grocery-anchored neighborhood shopping centers in the United States, managing 304 shopping centers as of March 31, 2024, which includes 284 wholly-owned centers totaling 32.4 million square feet [14] - The company focuses on creating omni-channel shopping experiences and improving communities through its shopping centers, which feature a mix of national and regional retailers [14] AI Integration and Achievements - PECO's IT team has developed custom AI solutions that enhance organizational productivity, automate processes, and improve communication across the enterprise [5] - The Realcomm Best Use of AI Award recognized PECO's significant contributions to improving business insights through machine learning and predictive analytics [5][4]