C
loudastructure (NASDAQ: CSAI) has formed a strategic partnership with a leading 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. With a 98% customer retention rate, Cloudastructure is well-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. This partnership underscores the future of security technology in the rapidly growing AI market and highlights Cloudastructure's leadership in revolutionizing security solutions for businesses across all industries and geographies.

    Cloudastructure has already rolled out its service to the first four properties, all prominent commercial buildings in the heart of downtown San Diego. The client sought a modern, cost-effective approach to enhance security, and Cloudastructure's AI-powered surveillance and remote guarding solutions provided superior safety while driving significant cost savings.

    By leveraging Cloudastructure's cutting-edge technology, the company is transforming security into a strategic asset, providing real-time surveillance that is both more effective and cost-efficient than traditional security guards. This milestone highlights the scalability of Cloudastructure's business model, positioning it to deliver industry-leading security solutions to clients of all sizes, across every sector and geography.

    The 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 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.