More buildings putting in AI, smart sensors to manage utilities, cut costs

The system, developed by property technology firm Qornerstone, has helped to keep the condominium management team lean with only five workers for the entire 754-unit property.
 
“The built environment has always been a manpower-intensive industry,” said Qornerstone chief executive officer Ernest Ong.
 
“So due to cost pressure, that is where the industry has no choice but to look into transformation by technology means.”

MANAGING RESOURCES

Fu Yu Corporation, a manufacturer of plastic products, also uses a similar platform to manage its resources, from taking room temperatures to controlling light switches remotely. 
 
These are done using a system developed by software solutions provider Cerexio, which monitors in real-time using sensors.