Companies worldwide are significantly reducing costs and risks and improving uptime and asset lifespan by using Internet of Things (IoT) systems not only to prevent and react to problems but to predict when an issue or failure is likely to occur.
News and Insights
We're thrilled to announce that we raised £1.7M in a seed funding round led by Mundi Ventures, with participation from Burnt Island ventures, endorsing LAIIER's bold vision for creating a digital skin to turn every building into a smart building.
The term "smart building" gets thrown around a lot. But what about a building makes it "smart?" How can a building even be intelligent?
A small water pipe leak in a wall, floor, or ceiling can easily be the costliest type of water damage you will ever experience in a commercial building.
Could anything be more stressful than knowing a pipe in your commercial building is leaking water but can't find exactly where?
Water damage costs to our homes and businesses are immense. Flooding, broken pipes and minor, hidden leaks are the leading cause of commercial property insurance claims. Allianz Global Corporate & Security, in an analysis of nearly half a million claims between 2013 and 2018 from over 200 countries and territories, found that water damage accounted for the third-highest number of insurance claims for global business.
A tiny sensor could save many large buildings enormous amounts of money and make the difficult work of facilities management substantially more straightforward.
Even though printed electronics have been around since the last century, they are becoming more and more common, with the value of the printed electronics market becoming worth billions. The idea behind printed electronics is simple: a conductive ink is deposited onto a substrate to then act as an electronic device. Most modern smartphones now include parts that were created using printed electronics. We use printed electronics to create our printed sensors.