The Innovative Startups bringing AI & Blockchain to Smart Buildings

Among the young companies covered in the report, a number of them are innovatively bringing AI into our buildings in a way only start-ups can. These new entrants are currently exploiting the technology across a range of applications, from BIoT, energy management, security, real estate and property management and smart building to smart grid applications. B2B IoT startup Verdigris is one such company. The firm applies a rudimentary form of AI to building management, according to CEO Mark Chung. Verdigris' system listens to electrical signals to identify the type of equipment in the building, it can then create algorithms to offer predictive analysis and anomaly detection. "The main value proposition is to use the platform around energy efficiency and data layer to get better feedback around energy performance in a building," said Chung.