Feb 1, 2023

Share this article Share this article MIAMI, Jan. 31, 2023 /PRNewswire/ -- Cloudastructure's February 2023 shareholder meeting attracted over 2,000 registered participants to review the company's 2022 progress. 2022 was a year of innovation at Cloudastructure.The company made a significant addition to their cloud-based AI Surveillance platform in 2022 by building Remote Guarding (otherwise known as live monitoring) capabilities directly onto their platform. Cloudastructure remote guarding transforms video surveillance from a reactive to a proactive tool. Instead of mere forensics, video surveillance can now stop crime before it happens. The bold move has generated keen interest from end users and guard companies alike, delivering new markets and new opportunities the company is poised to capitalize on with the 2023 rollout of the solution. Engineering: Responding to customer feedback in January 2022, and built in less than a year, Cloudastructure's new remote guarding capabilities went from an idea to award-winning architecture in just nine months. The system enables remote guarding with: Customized AI alerts Best Video Storage Additional awards include, 4 American Business Awards, 2 Best New Product of the Year awards from Security Today magazine, and the international Cloud Award for Best Security Innovation of the Year. Sales/Financials: Cloudastructure's sales team made significant inroads into their vertical markets, doubling the company's customer base from the previous year. The company plans to deploy extensively into these customer locations in 2023. The new remote guarding features are now part of more than 75% of Cloudastructure's proposals –essentially doubling the average deal size. Business is off to a healthy start with January 2023 sales bookings already up 20x over those of January 2022. The Company remains in a strong cash position with $9.4MM. Headquartered in Miami, Florida, with R&D in Silicon Valley, California, Cloudastructure's advanced award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, a seamless remote guarding solution, and IoT cybersecurity. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a 75% lower Total Cost of Ownership than other systems. For more information, visit   www.cloudastructure. com . SOURCE Cloudastructure, Inc