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Universal PropTech Inc. $UPI.ca Announces Channel Partnership with SensorSuite Inc. to Deliver AI Building Automation for MURBs and Non-BAS Customers #AI #IoT $SNE $MSFT $HON

Posted by AGORACOM-JC at 8:29 AM on Wednesday, February 3rd, 2021
  • Entered into a channel partnership agreement with SensorSuite Inc. to deliver SensorSuite’s Artificial Intelligence Energy Cloud Ecosystem Platform to multi-unit residential building and non-BAS customers across Canada
  • SensorSuite’s E.C.E platform seamlessly monitors, controls and optimizes Electricity, Gas and Water assets.
  • Using AI algorithms, the Energy Cloud Ecosystem aggregates and co-ordinates Distributed Energy Resources to eliminate wastage and increase operational efficiency.

Toronto, Ontario–(February 3, 2021) – Universal PropTech Inc. (TSXV: UPI) (“UPI” or the “Company“) is pleased to announce that it has entered into a channel partnership agreement (“Agreement“) with SensorSuite Inc. (“SensorSuite“) to deliver SensorSuite’s Artificial Intelligence (“AI“) Energy Cloud Ecosystem (“E.C.E“) Platform to multi-unit residential building (“MURB”) and non-BAS customers across Canada.

“Universal PropTech is pleased to bring SensorSuite’s AI platform to our MURB customers and prospects,” stated Chris Hazelton, President and CEO of UPI. “The inclusion of Artificial Intelligence is another tool in our expanding Building Performance offering to improve our evidence-based approach, ongoing services revenues and sustain our Trusted Advisor status.”

SensorSuite’s E.C.E platform seamlessly monitors, controls and optimizes Electricity, Gas and Water assets. Using AI algorithms, the Energy Cloud Ecosystem aggregates and co-ordinates Distributed Energy Resources to eliminate wastage and increase operational efficiency.

SensorSuite has deployed their AI solution in over 157 MURBs in Canada generating 12 billion data points per year. The Energy Cloud Ecosystem can generate between 20% to 30% in energy efficiency for MURB owners and managers, in an ongoing service model.

VCI Controls, a UPI wholly owned subsidiary, has provided services to over 2000 buildings in over 40 years, and will assess opportunities to generate Building Performance revenues with past, current customers and new prospects.

Glen Spry, President and CEO of SensorSuite, “We are excited to have Universal PropTech actively drive sales in Canada. Having a 40-year controls company like VCI Controls, enables us to start to scale the success of our AI Energy Cloud Ecosystem Platform.”

Read More: https://agoracom.com/ir/UniversalPropTech/forums/discussion/topics/754518-universal-proptech-inc-announces-channel-partnership-with-sensorsuite-inc-to-deliver-ai-building-automation-for-murbs-and-non-bas-customers/messages/2301770#message

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