Provider of smart home and property solutions to the rental housing industry, SmartRent, announces a multi-year initiative with AI company Databricks.
SmartRent will integrate the Databricks Data + AI Platform as the foundational engine for its next-generation data architecture. The collaboration combines SmartRent’s physical scale with enterprise-grade data and AI capabilities to deliver unique insights and high-value operational outcomes that benefit property owners, on-site teams, residents, single-family and the multifamily industry.
“Vision 2028 defines how we extend our technology leadership and create lasting value for our stakeholders.
“By pairing the expansive reach of our physical infrastructure with the AI-driven property intelligence and workflow automation capabilities of the Databricks Data + AI Platform, we are building the next generation of property intelligence.
“Standardising our connected, live ecosystem onto a single, governed architecture gives us the technical foundation to continuously scale sustainable innovations that lower operational complexity, maximise net operating income for operators and elevate the living experience for residents.”
Sangeeth Ponathil, Chief Information Officer, SmartRent
Together, SmartRent and Databricks will deliver advanced data capabilities over the coming quarters across several macro-level strategic areas, including enhancing platform capability to help property operators streamline workflows, mitigate physical operational risk and maximise net operating income across their portfolios.
It will also establish a unified, highly secure data foundation that delivers clear, enterprise-wide visibility and actionable real estate insights to key stakeholders.
“SmartRent has established market leadership, protecting assets and driving ROI for the rental housing market. Leveraging our Built On program, SmartRent will be able to de-risk and accelerate how they bring their leading solutions to market.
“By unifying their extensive, real-world IoT infrastructure under a highly secure and open architecture, SmartRent is well-positioned to deliver the next generation of property intelligence.”
Sarah Branfman, Global VP of ISV, Databricks
