Cloudastructure Announces Partnership with Global Leader in Commercial Real Estate Services and Investments Managing Tens of Thousands of Properties Worldwide
Cloudastructure (NASDAQ: CSAI) has announced a strategic partnership with a major global commercial real estate services company that manages thousands of properties worldwide. The initial rollout includes four prominent commercial buildings in downtown San Diego, where Cloudastructure's AI-powered surveillance and remote guarding solutions have replaced traditional on-site security guards, resulting in improved security coverage and cost savings.
The company's CEO, James McCormick, highlighted that Cloudastructure currently serves five of the top 10 NMHC-ranked multifamily management companies. The company maintains a 98% customer retention rate and is positioned to capitalize on the growing AI software market, which is projected to reach $134.8 billion by 2025. Additionally, over 50% of businesses are expected to transition their surveillance to the cloud by 2026.
Cloudastructure (NASDAQ: CSAI) ha annunciato una partnership strategica con una grande azienda globale di servizi immobiliari commerciali che gestisce migliaia di proprietà in tutto il mondo. L'inizio di questa collaborazione include quattro importanti edifici commerciali nel centro di San Diego, dove le soluzioni di sorveglianza e vigilanza remota, alimentate dall'IA di Cloudastructure, hanno sostituito i tradizionali guardiani in loco, migliorando la copertura della sicurezza e generando risparmi sui costi.
Il CEO dell'azienda, James McCormick, ha evidenziato che Cloudastructure attualmente serve cinque delle prime 10 compagnie di gestione multifamiliare classificate dalla NMHC. L'azienda mantiene un 98% di tasso di fidelizzazione dei clienti ed è ben posizionata per capitalizzare sul crescente mercato del software di intelligenza artificiale, che si prevede raggiunga 134,8 miliardi di dollari entro il 2025. Inoltre, si stima che oltre il 50% delle aziende passeranno la loro sorveglianza al cloud entro il 2026.
Cloudastructure (NASDAQ: CSAI) ha anunciado una asociación estratégica con una importante empresa global de servicios inmobiliarios comerciales que gestiona miles de propiedades en todo el mundo. El lanzamiento inicial incluye cuatro destacados edificios comerciales en el centro de San Diego, donde las soluciones de vigilancia y seguridad remota impulsadas por IA de Cloudastructure han reemplazado a los guardias de seguridad tradicionales, resultando en una mejor cobertura de seguridad y ahorros de costos.
El CEO de la empresa, James McCormick, destacó que Cloudastructure actualmente atiende a cinco de las 10 principales empresas de gestión multifamiliar clasificadas por NMHC. La empresa mantiene una tasa de retención de clientes del 98% y está posicionada para capitalizar el creciente mercado de software de IA, que se proyecta alcanzará 134,8 mil millones de dólares para 2025. Además, se espera que más del 50% de las empresas transicionen su vigilancia a la nube para 2026.
Cloudastructure (NASDAQ: CSAI)는 전 세계 수천 개의 부동산을 관리하는 주요 글로벌 상업 부동산 서비스 회사와 전략적 파트너십을 발표했습니다. 초기 롤아웃에는 샌디에이고 도심에 있는 네 개의 저명한 상업 빌딩이 포함되며, Cloudastructure의 AI 기반 감시 및 원격 경비 솔루션이 기존의 현장 경비원을 대체하여 보안 범위를 개선하고 비용 절감을 이끌어냈습니다.
회사의 CEO인 James McCormick는 Cloudastructure가 현재 NMHC에서 상위 10위에 랭크된 다가구 관리 회사 중 5개를 서비스하고 있다고 강조했습니다. 이 회사는 98%의 고객 유지율을 유지하고 있으며, 2025년까지 1,348억 달러에 이를 것으로 예상되는 성장하는 AI 소프트웨어 시장을 활용할 위치에 있습니다. 추가로, 50% 이상의 기업이 2026년까지 클라우드로 보안을 전환할 것으로 예상됩니다.
Cloudastructure (NASDAQ: CSAI) a annoncé un partenariat stratégique avec une grande entreprise mondiale de services immobiliers commerciaux qui gère des milliers de propriétés dans le monde. Le déploiement initial inclut quatre bâtiments commerciaux importants dans le centre de San Diego, où les solutions de surveillance et de garde à distance alimentées par l'IA de Cloudastructure ont remplacé les agents de sécurité traditionnels sur site, ce qui a permis d'améliorer la couverture de sécurité et de réaliser des économies de coûts.
Le PDG de l'entreprise, James McCormick, a souligné que Cloudastructure sert actuellement cinq des 10 meilleures entreprises de gestion multifamiliale classées par la NMHC. L'entreprise maintient un taux de fidélisation client de 98% et est bien positionnée pour capitaliser sur le marché croissant des logiciels d'IA, qui devrait atteindre 134,8 milliards de dollars d'ici 2025. De plus, plus de 50% des entreprises devraient passer leur surveillance au cloud d'ici 2026.
Cloudastructure (NASDAQ: CSAI) hat eine strategische Partnerschaft mit einem großen globalen Unternehmen für gewerbliche Immobilienservices angekündigt, das tausende von Immobilien weltweit verwaltet. Der erste Rollout umfasst vier bedeutende Gewerbegebäude im Stadtzentrum von San Diego, wo die KI-gestützten Surveillance- und Remote-Guarding-Lösungen von Cloudastructure die traditionellen Sicherheitskräfte vor Ort ersetzt haben, was zu einer verbesserten Sicherheit und Kosteneinsparungen geführt hat.
Der CEO des Unternehmens, James McCormick, hob hervor, dass Cloudastructure derzeit fünf der Top-10-NMHC-rangierten Immobilienverwaltungsunternehmen bedient. Das Unternehmen hält eine Kundenbindungsrate von 98% und ist gut positioniert, um vom wachsenden Markt für KI-Software zu profitieren, der voraussichtlich 134,8 Milliarden Dollar bis 2025 erreichen wird. Darüber hinaus wird erwartet, dass über 50% der Unternehmen bis 2026 ihre Überwachung in die Cloud verlagern.
- Partnership secured with major global real estate services company
- Successfully implemented in four commercial buildings in San Diego
- 98% customer retention rate
- Serves 5 of top 10 NMHC-ranked multifamily management companies
- Cost reduction for clients by replacing traditional security guards
- None.
Insights
This strategic partnership represents a pivotal moment in the commercial real estate security landscape, showcasing the accelerating shift from traditional guard services to AI-powered surveillance solutions. The initial deployment across four premium San Diego properties serves as a proof-of-concept that could catalyze widespread adoption across the partner's global portfolio of tens of thousands of properties.
The partnership's significance extends beyond immediate cost reduction benefits. By securing a globally recognized real estate leader as a client, Cloudastructure gains invaluable validation in an industry known for its conservative approach to new technology adoption. The company's impressive 98% customer retention rate and existing relationships with five of the top 10 NMHC-ranked multifamily management companies demonstrate strong product-market fit and potential for exponential growth.
The timing is particularly strategic given two key market dynamics:
- The projected $134.8 billion AI software market by 2025 indicates substantial room for expansion
- The anticipated 50% shift to cloud surveillance by 2026 suggests accelerating industry transformation
This deal positions Cloudastructure at the intersection of three high-growth markets: AI software, cloud services and remote security monitoring. The successful deployment could create a ripple effect across the commercial real estate sector, potentially establishing a new standard for property security that balances enhanced protection with operational efficiency.
Commences roll-out with four prominent commercial buildings in San Diego
Partnership underscores the future of security technology in the rapidly growing AI market;
advanced surveillance replaces traditional guards, driving safety and savings
PALO ALTO, Ca, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”), a cloud-based video surveillance platform with artificial intelligence (“AI”) and computer vision analytics, today announced a partnership with a global leader in commercial real estate services and investments that manages tens of thousands of properties worldwide. The Company has already rolled out its service to the first four properties, all prominent commercial buildings in the heart of downtown San Diego, California.
The client, a globally recognized leader in real estate with expertise spanning every dimension of the industry, sought a modern, cost-effective approach to enhance security. Cloudastructure’s AI-powered surveillance and remote guarding solutions replaced traditional on-site security, providing superior safety while driving significant cost savings. Previously, the San Diego properties relied on on-site security guards, which came with higher operational costs. By adopting Cloudastructure’s advanced technology, the client has not only reduced expenses but also improved security coverage and efficiency, creating safer, more secure environments for tenants and protecting valuable assets.
James McCormick, CEO of Cloudastructure, stated, “We are delighted to announce this collaboration with one of the most esteemed names in commercial real estate. This partnership not only highlights the unmatched value of our AI-driven solutions but also reinforces our standing as a leader in security innovation. By leveraging our cutting-edge technology, we are transforming security into a strategic asset, providing real-time surveillance that is both more effective and cost-efficient than traditional security guards. Furthermore, our impact extends well beyond this partnership. We are proud to serve five of the top 10 NMHC-ranked multifamily management companies. This milestone highlights the scalability of our business model, positioning us to deliver industry-leading security solutions to clients of all sizes, across every sector and geography.”
Cloudastructure is capitalizing on a rapidly growing market. By 2025, the AI software market is forecasted to reach
ABOUT CLOUDASTRUCTURE
Headquartered in Palo Alto, California, Cloudastructure’s advanced award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a
Forward-Looking Statements
Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections, and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statements expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties, and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including U.S. federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.
Media Contact:
Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
Kathleen@cloudastructure.com.
(704) 574-3732
Investor Contacts:
Crescendo Communications, LLC
212-671-1020
CSAI@crescendo-ir.com
FAQ
What is the value of the AI software market that Cloudastructure (CSAI) is targeting by 2025?
How many properties has Cloudastructure (CSAI) implemented its security solution in San Diego?
What is Cloudastructure's (CSAI) customer retention rate in 2025?
What percentage of businesses are expected to move their surveillance to the cloud by 2026?
How many top NMHC-ranked multifamily management companies does Cloudastructure (CSAI) serve?
