Cloudastructureâs 2024 Annual Shareholder Meeting delivers a comprehensive update on the companyâs momentum, growth strategy, and innovations in AI surveillance. The presentation outlines Cloudastructureâs industry-first platform combining cloud video recording, advanced computer vision, and remote guarding. This end-to-end system transforms security from a reactive tool into a proactive serviceâmonitoring all cameras with AI, detecting threats, and enabling real-time human intervention when necessary.
The company has secured long-term relationships with top-tier multifamily property owners and managers, becoming the go-to provider for large-scale deployments. With 100% customer retention and record-setting activity in sales, proposals, and invoicing, Cloudastructure is rapidly gaining market share. New AI capabilitiesâsuch as gun detection, facial recognition, and vehicle model analysisâcontinue to enhance the platformâs value and performance.
A newly launched hydro-powered data center enables low-cost, high-performance video processing, giving Cloudastructure a significant advantage over traditional NVR-based systems. The leadership team emphasized its goal to reach cashflow positivity in 2025 by expanding within its current customer base and scaling deployments efficiently.
The meeting also covers future expansion opportunities, the growing impact of remote guarding on revenue, and a strong product-market fit in multifamily, retirement, and educational properties. The session concludes with a Q&A on IPO potential, government interest, and broader market trends.