David Azar is the AI Innovation Manager of AdOPT AI, a revolutionary enterprise Artificial Intelligence solutions provider for commercial and industrial facilities specialising in real estate.
AdOPT AI works as a centralized solution for all the problems that property owners and tenants can face. Most importantly, one of the major focuses is on environmental sustainability and cost-efficiency. David has long been working on environmentally sustainable solutions for industrial setup.
With the help of AdOPT AI, property owners and managers can better operate and control assets for a much longer lifetime. By getting plugged into your existing systems, it cuts the time and human labour needed to carry out maintenance resulting in a further cost-reduction. Moreover, with its proprietary algorithm for predictive analytics, it can notify of any fault or risk factors in your buildings before it becomes an issue. Above all, it brings back control of all the building information and data under one secure platform to fast and flawless reporting and decisioning.
He is a Director of Solar Tracker Australia, providing solar tracking and racking systems from Arctech Solar to the Australia/NZ region. He is also the Co-Founder & Strategic Advisor to Proactiv Sports Hong Kong, a sports coaching company based in Hong Kong. Their mission is to facilitate the joy of sports to every kid in Asia.
Before moving back to Australia, David lived in Hong Kong for 12 years and worked in financial services. He also has extensive experience in managing sales teams in highly competitive environments.
In this episode, David opens up quite a few new perspectives as far as the technology is involved in reaching new levels of sustainability and profit optimisation for landlords. This really is a unique use case of data, artificial intelligence (AI), and machine learning (ML).
Also, we get to learn a lot about how we are collecting more data and using it in ways that were not possible in the past.
David also shares with us about how he realized the importance of environmentally sustainable solutions and started working on AdOPT AI.
- How the technology used to create AdoptAi evolved over the years
- What are benefits for all the parties involved?
- How the data is already there and you just have to access and use it optimize the maintenance and operations of your properties.
- The use of IoT and movement sensors to optimize equipment runtime and saving energy
- Having all the property management data under one platform and having total control.
- Precise optimization of machines and equipment and operation, like cleaning and repairing.
- The benefits are three-pronged: Energy saving, equipment sustainability, increased labour productivity.
- The impacts on ROI starts to show within just two weeks to six months.
- It’s the first time it has been made possible for the sustainability score to go up while the outgoing cost decreases.
- Troubleshooting and preventing equipment failures much earlier than previously possible
- Reaching sustainability goals in the most commercially viable manner.
So, this is definitely the episode you shouldn’t miss if you are into real estate in any shape or form or even if you are a tenant you should be aware of these aspects of making our buildings more environment-friendly.
More links about the guest
LinkedIn:
What is one book that he would gift to his younger self:
- Principles: Life and Work by Ray Dalio
- https://www.goodreads.com/book/show/34536488-principles
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