Innovative Solutions for Managing Temperature Control

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Business

#innovation #technology #sustainability

How one real estate startup is taking on record heat this summer - CNBC

Introduction

As the summer heat continues to break records across the country, one innovative real estate startup is tackling the issue head on. Runwise, a company that specializes in utilizing future weather algorithms, has introduced a game-changing solution for managing temperature control in homes and buildings.

Innovative Technology

Runwise has developed a wireless temperature sensor network that communicates with a central control system. This system is able to analyze data from the sensors and make adjustments to the temperature in real-time. By using future weather algorithms, the system is able to anticipate changes in temperature and adjust accordingly, providing optimal comfort and energy efficiency.

Environmental and Economic Benefits

This technology not only ensures comfortable living and working spaces, but also has significant environmental and economic benefits. By reducing energy consumption, Runwise is helping to combat climate change and also save customers money on their utility bills. With the increasing focus on sustainability and cost-saving measures, this is a major selling point for both homeowners and businesses.

Conclusion

In a time where the effects of climate change are becoming more prevalent, it is refreshing to see a company actively taking steps to combat it. Runwise's innovative use of technology not only provides a solution for managing temperature control in the face of record heat, but also has a positive impact on both the environment and finances. This is certainly a

About the Organizations Mentioned

Runwise

Runwise is a New York-based technology company that specializes in smart building management solutions, pioneering a modernization of building operations through an integrated hardware and software platform. Founded in 2018 by Lee Hoffman, Jeff Carleton, and Mike Cooke, the company emerged from practical experience in property management, particularly Jeff Carleton’s oversight of a 150-building portfolio in New York City, which revealed inefficiencies in traditional building operations[1][3]. Runwise's core innovation lies in its wireless control technology, which replaces complex, costly, and time-consuming installations involving extensive wiring and plumbing with a system that installs in less than a day and features devices with a 10-year battery life. This ease of installation and reliability sets Runwise apart, enabling it to penetrate over 7,500 buildings nationally without requiring upfront costs from customers, who begin generating profits from energy savings in the first month[2]. The company’s mesh-connectivity approach avoids expensive WiFi upgrades, making its solution both cost-effective and scalable[1]. Runwise delivers significant value by achieving 20-30% energy savings while requiring minimal changes to existing building infrastructure. Its platform also enhances operational efficiency by allowing property managers to remotely diagnose issues, shift maintenance from reactive to proactive, and improve tenant comfort. Beyond heating control, Runwise is expanding into cooling optimization, gas leak detection, toilet leak detection, and smart smoke/fire detection, aiming to create a connected cloud platform for buildings akin to an industrial IoT ecosystem[1][4]. The company’s business model includes a subscription fee aligned with ongoing service and support, contrasting with legacy vendors' high upfront equipment costs and poor customer engagement post-installation[2]. Runwise’s transparent performance tracking and strong ROI focus have earned it industry-leading customer retention and millions of dollars in energy savings for its clients, positioning it as a leading player in the smart building technology sector[1][4].

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