For businesses of all sizes, rent on office space is one of the priciest regular expenses, and VergeSense is a new system that helps both business owners and office building managers to make better, more efficient use of their space. The system consists of inexpensive sensors embedded with AI software, and it uploads its data analyses to the cloud to give users a better idea of how to allocate the space they have.
The VergeSense sensors are embedded with an image sensor that takes video, an infrared motion sensor, and audio capability. Rather than uploading the raw data that these sensors collect straight to the cloud (and using up valuable bandwidth in the process,) the sensors also come with a built-in processor that pre-analyzes the data before uploading it.
Once in the cloud, users can look at the analyses to save money on space. For instance, they might decide to convert open space into conference rooms if the preexisting rooms are always full, or they could subdivide a room into smaller spaces if it is frequently used by too few people.
Space Monitoring AI Sensors
VergeSense Uses AI to Help Large Businesses Monitor Their Space
Trend Themes
1. AI-enabled Space Monitoring - Opportunity for businesses to use AI sensors to optimize their office space allocation.
2. Data-driven Space Utilization - Opportunity for businesses to leverage data analysis for more efficient use of office space.
3. Cloud-based Space Analytics - Opportunity for businesses to utilize cloud technology for better decision-making regarding office space management.
Industry Implications
1. Office Space Management - Disruptive innovation opportunity for companies providing solutions to optimize office space usage through AI sensors and data analysis.
2. Real Estate - Disruptive innovation opportunity for real estate industry players to incorporate AI-based space monitoring technologies for improved space utilization.
3. Data Analytics - Disruptive innovation opportunity for data analytics companies to develop cloud-based space analytics solutions to assist businesses in making informed decisions about office space allocation.