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- DOOR Unveils AI-Powered Bug Detector at ISC East 2024
DOOR Unveils AI-Powered Bug Detector at ISC East 2024
Slice of Real Estate Team
November 22, 2024
Key Highlights:
DOOR Bug, a $39 AI-powered event detector, alerts property managers to leaks and running toilets.
Aims to reduce water damage restoration costs, averaging $1,300-$5,600 in the U.S.
Future updates to expand monitoring capabilities for multi-family properties.
Works seamlessly with Latch’s other affordable IoT solutions.
Expected availability in 2025; showcased at ISC East 2024.
Source: Business Wire
Notable Quote:
“We are on a mission to deliver affordable innovations that enhance residential living. This product was inspired by a toilet running in a unit that our DOOR Property Management division oversees, which had a meaningful financial impact to the building owners.”
Our Take:
DOOR’s innovative approach to property management exemplifies how IoT and AI can make residential living more efficient and cost-effective. With the DOOR Bug and its integration with Latch’s suite of sensors, property managers gain an affordable, scalable tool to preempt costly emergencies like leaks or toilet overflows. This proactive solution reflects a growing trend in the smart building industry, where AI-enhanced systems are not just luxury add-ons but essential components of modern property management.