Other start-ups might be getting lower valuations when they put their hands out for funds during the tech downturn. But not this Melbourne AI firm.
y coordinates of people as they walk around the office.
“Real estate is typically the second- or third-biggest expense for a business. Yet even pre-pandemic, offices were only 60 per cent utilised,” he said. Even for businesses that might not be reconsidering its real estate costs, the XY Sense system was useful for office automation, he said, allowing companies to cut running costs by turning off lights or air conditioning when the sensors don’t detect any people in a wing or on a floor.
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