PHILADELPHIA, Pa. – April 22, 2020 – STRATIS IoT, the leader in Smart Apartment and Intelligent Building technology for Multifamily and Student Housing, proudly announces the launch of STRATIS Sustain, its utility monitoring, management, and control platform for new development and retrofit projects.
STRATIS Sustain includes water and energy integrations enabling Residents, Property Management, and Portfolio Representatives to view consumption, develop insights, and receive alerts. The platform enables real-time monitoring, management, and alerts for partners Inovonics, NextCentury, and Tehama Wireless, without new hardware installation. STRATIS will be extending these capabilities through an integration with H2O Degree later this year. The feature set enables users to monitor water consumption, alerts, and insights, and facilitates dashboard views of property-level and portfolio-level consumption and alerts, with unit-level specificity.
STRATIS Chief Innovation & Product Officer Charlie Hill spearheaded the effort to expand the platform with STRATIS’ Venture for America Fellow Brian Vaughn, and shared, “Currently, portfolios and Residents have almost no visibility into their properties’ or apartments’ consumption patterns. Typically, they will simply receive a bill that is rearward looking with no true insights. STRATIS Sustain eliminates these gaps by providing Residents real-time insights into their water and energy usage and by allowing Portfolio Managers to view usage patterns, alerts, and the overall health of these critical systems. STRATIS can use this data to assist in reporting to entities like ENERGY STAR® and GRESB. This platform is pulling back the fog that has been obscuring this type of information for so long.”
In furtherance of these ambitious projects, STRATIS is launching its Demand Response pilot in partnership with Greystar, as part of the Wells Fargo Innovation Incubator, partnered with the National Renewable Energy Laboratory (NREL).
This pilot project will provide incentives for both Residents and Property Staff the option to enable triggers for ecological and budget-friendly device settings. Thermostat, lighting, shades, water heaters, and energy monitors will all be components of the pilot, which will yield digital twin modeling to provide insights into Multifamily Demand Response impact. Demand Response brings a new revenue source to properties, facilitating incentives for the Residents, and most importantly, enabling capacity to minimize grid peaks and ensuring a cleaner, greener grid.
The data generated by the energy loads in the building will be evaluated by NREL experts. The research project will answer “How can IoT devices deliver energy and peak load flexibility?” as well as “How can end-users see the benefits of this product?” With this data, STRATIS can continue to enhance and iterate STRATIS Sustain to increase net operating income.
To learn more about STRATIS Sustain, please contact our Sales Team at firstname.lastname@example.org.
STRATIS®, a RealPage Company, creates smart apartments and intelligent buildings and is the only platform of its kind built for the complexities of multifamily and student housing. STRATIS is installed worldwide across the U.S., in Japan, the UK, EU, and Latin America. STRATIS now serves hospitality, retail, and small to mid-size commercial, as well. STRATIS is an Inc. Magazine “Fastest Growing Company in America” and a Top Ten Entrepreneur Magazine “Best Company in America.” STRATIS was recently acquired by RealPage to enable CommunityConnect, a more connected lifestyle, and unleash hidden yield through new revenue streams.