Microsoft and Samsung to Transform Real Estate And Smart Property Management

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Samsung and Microsoft announced a global collaboration focused on transforming the real estate development and property management industries digitally. This collaboration includes combining smart appliances and digital cloud technologies to drive improved building operations and maintenance.

Chanwoo Park, corporate vice president heading up the IoT Biz Group at Samsung said, “We believe collaboration with a key partner like Microsoft is essential for innovation, as the company shares our vision of inspiring the world to shape the future by innovating in technology and products”.

This new strategic alliance brings together the power of Microsoft’s Azure IoT platform and productivity cloud services with Samsung’s smart devices and SmartThings platform.

The companies will leverage Samsung’s smart home appliances, HVAC systems and integrated SmartThings, with Microsoft’s Azure Digital Twins technology and Microsoft Dynamics 365 Field Service, to improve building management by analyzing IoT data from building systems and connected appliances.

Microsoft’s Azure IoT platform can process data from millions of building sensors and devices and then use machine learning and AI to help building managers determine what and how issues should be addressed.

This collaboration with Samsung extends this capability to include Samsung smart appliances, HVAC systems and TVs, with plans to expand digital environment.

Chanwoo Park said, “Providing building owners and operators with a robust and powerful set of tools to help them optimize their building costs and equipment, including the management of Samsung’s connected appliances and other devices, is paramount to our long-term alliance. Together with Microsoft, we are helping to solve real challenges faced by our customers by creating secure integrated insight and digital solutions that keep properties functioning sustainably and efficiently while providing better experiences for residents”.

Sam George, corporate vice president, Azure IoT, Microsoft said, “This collaboration with Samsung opens up new opportunities for further innovation in the real estate development and property management industries. Together, we’ll bring the best of Microsoft’s trusted, easy-to-use and secure Azure IoT platform, Azure Digital Twins and Dynamics 365 Field Service technology with Samsung’s expertise in connected devices and appliances to streamline building operations and maintenance”.

Also, Microsoft and Samsung aligned their worldwide marketing, partner and sales programs for delivery of these new integrated solutions to their customers.

Oxford Properties, one of the largest real estate companies in North America said that this new alliance has the potential to add high value for customers. The National University of Singapore (NUS) will serve as a pilot for solutions developing under this alliance.

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