Comments
CoLive has launched Frame, a facial-recognition software for enhanced security, at its serviced properties.
In the first phase of its launch, Frame will be operational at 20 prime properties managed by CoLive. The company operates 75 properties in Bengaluru with 3,000 beds . The properties are located in and around tech parks.
Commenting on the launch, Suresh Rangarajan, founder and Chief Executive, CoLive, explained that Frame stood for Facial Recognition Access Management Engine. It consists of door access control and blackbox key management, two features that would enable residents to gain access to their apartments.
The company has recently filed a patent for Frame.
“Tenants can register in the system by clicking a selfie through the CoLive app, following which they will be able to gain access to the apartment without having to swipe the card. With Frame, there will be no need for a security guard as the system tracks visitors, tenants and staff when they enter and leave the premises and stop anyone that it does not recognise from entering the property,” he said.
He observed that Frame would help eliminate one of the biggest challenges faced by the real estate industry in terms of key management of unoccupied apartments. “The technology will enable sales, check-in and maintenance seamlessly without human interface.”
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.