Residential and commercial technology providers SAVI Controls and OliverIQ have announced a strategic merger. The newly formed company will operate as SAVI iQ and plans to deliver the first AI-driven, cloud-based automation and support platform for commercial and residential markets, according to OliverIQ in their announcement.
SAVI Controls brought to the commercial AV industry a simplified, easy to program, all-in-one technology solution. OliverIQ has developed an AI-powered smart home as a service (SHaaS) platform engineered for service providers.
Terms of the merger were not disclosed. The newly unified company plans to bolster its product line with AI-powered cloud services for resimercial/commercial projects from bars, restaurants, and casinos to sports stadiums, according to SAVI Controls and OliveriQ.
ISPs and security partners can now extend services beyond residential subscribers to commercial customers, according to the announcement.
With the merger, the new entity SAVI iQ says it will provide an AI-driven automation platform built to scale, with always-on remote management as a service built-in, enabling partners to remotely control, monitor, update, and troubleshoot projects from anywhere.
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“We are thrilled to join forces with SAVI Controls,” says Will West, CEO of SAVI iQ.
“Thousands of dealers have built successful businesses with high-end solutions, serving just a fraction of the market. SAVI iQ changes that by delivering cutting-edge intelligent automation and affordable support for the great majority of homeowners seeking an automated lifestyle. Our technology also empowers thousands of businesses to operate more efficiently and provide better customer experiences.”
Ollie Automation Offers Versatile Support System
One key to this move is Ollie, an intelligent automation agent that recognizes patterns, optimizes performance, and proactively resolves potential issues, the companies state.
By reducing support calls, Ollie enables dealers and commercial integrators, Telcos and ISPs, builders, and security providers to focus on delivering exceptional customer experiences while minimizing costs, the announcement notes.
“Our solution harnesses AI and intuitive voice controls enabling our partners to scale operations and unlock recurring revenue opportunities,” says John Dorsey, president of SAVI iQ.
“The cost of commercial AV systems and system design have been prohibitively high and overly complicated for decades. Together we are providing clients with the most advanced solutions and a recurring revenue service model that transforms their bottom line.”
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