THE FUTURE IS HERE

VS: Unlocking the Potential of Predictive Maintenance — Applying AI and IoT in Building Operations

Mr Alex Lau, Founder & CEO of Anacle Systems, was invited as the guest speaker for the Venturous Session on June 7, 2023. Alex kicked off the session with a brief introduction of Anacle and its anchor technologies, including IoT, mobility, digital twin and AI.

As real estate management is at the core of Anacle’s business, Alex expressed his strong advocacy for Smart Buildings. With IoT costs decreasing by 70% and installation becoming faster due to recent innovations, Alex believes there are no more excuses for buildings not to embrace smart technology.

He then delved into the concept of AI, sharing key usage scenarios with the audience. During the closing Q&A, Alex highlighted that government initiatives play a crucial role in inspiring Smart City projects, with private companies following suit. Attractive incentives for private organizations to embark on digital transformation are also highly beneficial.