SmartRent, Inc. announced the evolution of its platform with the introduction of an AI-powered intelligence layer, SMRT IQ, and enhanced energy management tools. SMRT IQ provides constant, real-time IoT device-level data and visibility into property performance, enabling faster, data-driven decisions through a conversational AI interface.
The new energy management tools are designed to help operators reduce utility waste, cut costs, and support ESG goals by leveraging real-time thermostat and device data. Unlike traditional tools, SmartRent's solution identifies energy waste during extreme weather events and is retrofit-friendly for legacy HVAC systems, offering portfolio-wide benchmarking.
These innovations are a direct result of the company's recent $10 million investment in innovation, new features, and functionality. They aim to streamline data access, expedite property insights, and empower operators to make smarter energy decisions without adopting new systems, thereby enhancing operational efficiency and Net Operating Income (NOI) expansion.
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