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Cloudastructure Enters Master Services Agreement with Leading Affordable Housing Developer
Globenewswireยท 2025-10-29 13:00
Core Insights - Cloudastructure, Inc. has entered into a Master Services Agreement with a national developer to enhance security across its multifamily portfolio, starting with an initial deployment in Denver, Colorado [1][2][3] - The partnership aims to address ongoing security challenges such as vandalism, trespassing, vehicle break-ins, and illegal dumping through AI-driven surveillance and remote guarding solutions [2][3] - The agreement establishes a framework for portfolio-wide expansion through 2026, indicating a long-term commitment to improving safety and operational efficiency [1][3] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and is recognized for its advanced AI surveillance and remote guarding solutions [4] - The company's platform features cloud video surveillance with proprietary AI/ML analytics, enabling proactive, end-to-end security [4] - Cloudastructure offers a competitive value proposition with contract-free, month-to-month pricing and unlimited 24/7 support, achieving up to a 75% lower Total Cost of Ownership compared to other systems [4] Industry Context - The collaboration highlights the potential of AI-powered video analytics to transform affordable housing, indicating a significant market opportunity [3] - The partnership reflects a growing trend in the industry towards integrating technology for enhanced safety and community development [3]