Public Storage and Welltower have formed a strategic data science partnership bringing together Welltower’s industry-leading data science-driven capital allocation expertise and Public Storage’s scaled operational, pricing and customer analytics capabilities.
Welltower’s industry-leading data science platform — the company’s umbrella term encompassing machine learning, deep learning and AI — was formed in 2016 and has since been led by a multidisciplinary team of Ph.D. computer scientists, engineers, statisticians and mathematicians. This data science-driven capital allocation engine is designed to dynamically direct capital to the highest risk-adjusted return opportunities across acquisitions, developments, dispositions and lending.
While Welltower’s platform has historically been focused on capital allocation, Public Storage has developed best-in-class operational data science capabilities as part of its transformation, including revenue management, cus