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Cloudastructure Secures Second Houston Luxury High-Rise with Ownership Group
Globenewswire· 2025-10-06 13:00
Core Insights - Cloudastructure, Inc. has secured a major contract to provide AI surveillance and remote guarding for a luxury high-rise in downtown Houston, covering over 400,000 square feet and valued in the hundreds of millions [1][2] - The company's AI/ML video analytics and Remote Guarding platform have demonstrated a crime deterrence rate of up to 98% and a reduction in physical guard costs by as much as 40% [2] - The integration of AI surveillance into luxury properties is seen as a way to enhance security as a luxury amenity, appealing to both residents and investors [2][3] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a cloud-based security platform featuring advanced AI/ML analytics and remote guarding solutions [4] - The company's platform allows for proactive, end-to-end security and offers a lower Total Cost of Ownership by up to 75% compared to other systems [4] Performance Metrics - The first high-end location using Cloudastructure's solution has reported a significant reduction in security issues, including loitering and trespassing, with over 50 incidents addressed in just two months [3] - The CEO emphasized that integrating AI surveillance into luxury properties helps reduce liability and operational costs while enhancing competitive positioning and brand reputation [3]
Cloudastructure Secures Largest Contract in Company History with Global Real Estate Investment Firm
Globenewswire· 2025-05-07 13:00
Core Insights - Cloudastructure, Inc. has secured its largest customer contract in history with a premier global real estate investment firm, marking a significant milestone in the company's growth trajectory [1][3] - The client is a leader in luxury multifamily development, and Cloudastructure will provide AI-powered surveillance solutions for a flagship Class-A high-rise property in Houston, Texas [2][3] - The agreement highlights the increasing demand for cloud-based, AI-driven surveillance solutions in the real estate sector, with Cloudastructure deploying a full suite of security solutions for 24/7 monitoring and real-time threat response [3][4] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a scalable cloud-based security platform featuring advanced AI/ML analytics and remote guarding solutions [5] - The company's platform allows for proactive, end-to-end security, with a value proposition that includes contract-free, month-to-month pricing and unlimited 24/7 support [5] - Cloudastructure claims to achieve up to a 75% lower Total Cost of Ownership compared to other systems, enhancing situational awareness and crime prevention [5] Industry Trends - The contract signifies a shift in the real estate industry's approach to physical security, moving from traditional CCTV and guards to scalable, AI-driven solutions [4] - There is rising investor confidence in AI-powered surveillance technologies, particularly among institutional owners managing Class A and B assets [4] - The deployment of intelligent surveillance is becoming critical in luxury real estate, reinforcing the importance of advanced security measures in high-end developments [2][4]