Core Insights - Cloudastructure, Inc. has been selected to provide security services for two luxury multifamily properties in Columbia, Maryland, marking its first engagement with a major multifamily operator in the U.S. [1][2] - The operator aims to enhance security as a differentiator for residents while reducing on-premises guard expenses through Cloudastructure's AI-powered surveillance and remote guarding services [2][4] - The 2024 National Apartment Association Resident Survey indicates that only 13% of residents live in properties with monitored cameras, yet those residents feel safer and are 17% more likely to recommend their community [3] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a cloud-based security platform featuring AI/ML analytics and remote guarding solutions [5][7] - The platform enables businesses to achieve proactive security and offers a value proposition that avoids proprietary hardware, providing contract-free, month-to-month pricing and 24/7 support [5][7] - The company claims its system can achieve up to a 75% lower Total Cost of Ownership compared to other systems, enhancing situational awareness and crime prevention [5][7] Market Positioning - The CEO of Cloudastructure emphasizes that security is now a key brand positioning element, with luxury operators recognizing safety as a valued amenity that differentiates them in a competitive market [4] - Cloudastructure's platform has a deterrence rate of over 98% for threatening activities, which helps prevent theft, trespassing, and confrontations [4]