Cloudastructure Strengthens Partnership with Premier Multifamily Real Estate Firm
Cloudastructure (Nasdaq: CSAI) announced a significant expansion of their partnership with a leading multifamily investment firm managing over 60,000 units across 350 U.S. properties. The client has placed their largest order to date, including seven new properties for deployment of Cloudastructure's AI-driven security platform.
The company's AI-powered surveillance solutions provide real-time anomaly detection, remote monitoring, and automated alerts, offering an alternative to traditional on-site guards. The platform maintains a 98% customer retention rate and focuses on remote guarding, their fastest-growing segment.
The AI-driven security solutions market is projected to reach $134.8 billion by 2025, with over 50% of businesses expected to transition to cloud-based surveillance by 2026.
Cloudastructure (Nasdaq: CSAI) ha annunciato un'importante espansione della propria partnership con una delle principali aziende di investimento multifamiliare che gestisce oltre 60.000 unità in 350 proprietà negli Stati Uniti. Il cliente ha effettuato il suo ordine più grande fino ad oggi, includendo sette nuove proprietà per l'implementazione della piattaforma di sicurezza basata su AI di Cloudastructure.
Le soluzioni di sorveglianza alimentate dall'AI dell'azienda offrono rilevamento delle anomalie in tempo reale, monitoraggio remoto e avvisi automatizzati, fornendo un'alternativa alle tradizionali guardie in loco. La piattaforma mantiene un tasso di retention dei clienti del 98% e si concentra sulla sorveglianza remota, il loro segmento in più rapida crescita.
Il mercato delle soluzioni di sicurezza basate su AI è previsto raggiungere $134,8 miliardi entro il 2025, con oltre il 50% delle aziende che si prevede passeranno a sorveglianza basata su cloud entro il 2026.
Cloudastructure (Nasdaq: CSAI) anunció una expansión significativa de su asociación con una importante firma de inversión multifamiliar que gestiona más de 60,000 unidades en 350 propiedades en EE. UU. El cliente ha realizado su mayor pedido hasta la fecha, que incluye siete nuevas propiedades para la implementación de la plataforma de seguridad impulsada por IA de Cloudastructure.
Las soluciones de vigilancia impulsadas por IA de la compañía ofrecen detección de anomalías en tiempo real, monitoreo remoto y alertas automatizadas, ofreciendo una alternativa a los guardias tradicionales en el sitio. La plataforma mantiene una tasa de retención de clientes del 98% y se centra en la vigilancia remota, su segmento de más rápido crecimiento.
Se proyecta que el mercado de soluciones de seguridad impulsadas por IA alcanzará $134.8 mil millones para 2025, con más del 50% de las empresas que se espera que hagan la transición a la vigilancia basada en la nube para 2026.
Cloudastructure (Nasdaq: CSAI)는 미국 내 350개 부동산에서 60,000개 이상의 유닛을 관리하는 주요 다가구 투자 회사와의 파트너십을 대폭 확장한다고 발표했습니다. 이 고객은 이제까지의 최대 주문을 하였으며, Cloudastructure의 AI 기반 보안 플랫폼을 배포하기 위해 7개의 새로운 부동산을 포함하고 있습니다.
회사의 AI 기반 감시 솔루션은 실시간 이상 탐지, 원격 모니터링 및 자동 알림을 제공하여 전통적인 현장 경비원에 대한 대안을 제공합니다. 이 플랫폼은 98% 고객 유지율을 유지하며, 가장 빠르게 성장하는 세그먼트인 원격 경비에 집중하고 있습니다.
AI 기반 보안 솔루션 시장은 2025년까지 1,348억 달러에 이를 것으로 예상되며, 2026년까지 50% 이상의 기업이 클라우드 기반 감시로의 전환이 예상됩니다.
Cloudastructure (Nasdaq: CSAI) a annoncé une expansion significative de son partenariat avec une importante société d'investissement multifamiliale gérant plus de 60 000 unités réparties sur 350 propriétés aux États-Unis. Le client a passé sa plus grande commande à ce jour, incluant sept nouvelles propriétés pour le déploiement de la plateforme de sécurité alimentée par IA de Cloudastructure.
Les solutions de surveillance pilotées par l'IA de l'entreprise offrent une détection d'anomalies en temps réel, une surveillance à distance et des alertes automatisées, proposant une alternative aux gardes sur site traditionnels. La plateforme maintient un taux de fidélité client de 98% et se concentre sur la surveillance à distance, son segment à la croissance la plus rapide.
Le marché des solutions de sécurité pilotées par IA devrait atteindre 134,8 milliards de dollars d'ici 2025, avec plus de 50% des entreprises qui devraient passer à la surveillance basée sur le cloud d'ici 2026.
Cloudastructure (Nasdaq: CSAI) hat eine bedeutende Erweiterung seiner Partnerschaft mit einer führenden Multifamilien-Investmentfirma angekündigt, die über 60.000 Einheiten in 350 US-Immobilien verwaltet. Der Kunde hat die bisher größte Bestellung aufgegeben, die sieben neue Immobilien für den Einsatz von Cloudastructures KI-gesteuerten Sicherheitsplattform umfasst.
Die KI-gestützten Überwachungslösungen des Unternehmens bieten eine Echtzeit-Anomaliedetektion, Fernüberwachung und automatisierte Warnmeldungen und bieten eine Alternative zu traditionellen Sicherheitskräften vor Ort. Die Plattform hält eine Kundenbindungsrate von 98% und konzentriert sich auf Remote-Guarding, ihr am schnellsten wachsendes Segment.
Der Markt für KI-gesteuerte Sicherheitslösungen wird voraussichtlich bis 2025 134,8 Milliarden USD erreichen, wobei mehr als 50% der Unternehmen erwarten, bis 2026 auf cloudbasierte Überwachung umzusteigen.
- Secured largest order to date from major client, expanding to seven new properties
- 98% customer retention rate demonstrates strong product satisfaction
- Operating in growing market projected to reach $134.8B by 2025
- Solution reduces operational costs compared to traditional security guards
- None.
Insights
This partnership expansion marks a pivotal development for Cloudastructure, carrying substantial revenue implications. The client's portfolio of 60,000 units across 350 properties represents massive deployment potential, with the current seven-property order likely serving as a proving ground for broader implementation.
The 98% customer retention rate is particularly noteworthy in the SaaS sector, where industry averages hover around 85-90%. This exceptional retention suggests strong product-market fit and potential for expanding wallet share within existing accounts. The remote guarding segment's growth is strategically significant, as it addresses a clear market pain point - the rising costs and operational challenges of traditional security personnel.
The deal's timing aligns with accelerating market adoption of AI-powered security solutions. With the market projected to reach
Largest order to date from long-standing client; Reinforces commitment to AI-driven security solutions
AI-powered solutions enhance property protection while reducing operational costs
PALO ALTO, CA, Feb. 03, 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 significant expansion of their partnership with one of the nation’s leading multifamily investment firms and a premier provider of multifamily real estate services. This valued, long-term customer has placed its largest order to date, signaling an accelerated deployment of Cloudastructure’s AI-driven security platform.
The client, a multi-disciplined real estate investment and services firm managing over 60,000 units across 350 properties in the U.S., has been an advocate for leveraging technology to enhance operational efficiencies. By increasing its investment in Cloudastructure’s cutting-edge surveillance and remote guarding solutions, the firm is reinforcing its commitment to delivering best-in-class security across its extensive portfolio.
"We are excited to strengthen our partnership with one of the most prominent and respected names in multifamily real estate," said James McCormick, CEO of Cloudastructure. “Their decision to proceed with seven new properties represents their largest single rollout to date, potentially signaling accelerated growth and increased adoption this year. Our platform delivers unparalleled real-time surveillance, significantly enhancing security while reducing costs compared to traditional on-site guards. This collaboration highlights the growing demand for intelligent, AI-driven security solutions that not only protect assets but also streamline operations. As the industry embraces advanced surveillance technologies, we look forward to continuing our support for property owners and managers, helping them safeguard their investments and create safer communities."
Cloudastructure’s AI-powered surveillance solutions provide real-time anomaly detection, remote monitoring, and automated alerts, enhancing security effectiveness while significantly reducing costs. By replacing traditional on-site guards, customers achieve substantial savings and benefit from 24/7 comprehensive protection. As the multifamily sector rapidly adopts cloud-based security, Cloudastructure remains at the forefront of this transformation. Market trends further validate its growth trajectory, with AI-driven security solutions gaining momentum—projected to reach a
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
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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
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