MONTREAL, April 2021 – BrainBox AI, the world’s leading provider of artificial intelligence (AI) technology for real estate, has announced that it is now a TIPS Purchasing Cooperative Awarded Vendor. TIPS, also known as The Interlocal Purchasing System, offers competitively procured purchasing contracts to over 8,000 member organizations across the United States.
TIPS serves bodies like state and local governments and non-profit organizations, including K-12 school districts, colleges and universities, cities and municipalities, and hospitals. Its goal is to facilitate contract establishment between businesses and governmental agencies, as well as other bodies across the nation. As a TIPS Awarded Vendor, BrainBox AI can now seamlessly deliver groundbreaking AI technology that saves TIPS members time, money, and helps significantly lower carbon emissions, all with no CapEx.
BrainBox AI utilizes self-adapting artificial intelligence technology to proactively decrease the energy consumption of one of the largest climate change contributors: buildings. Using AI to optimize existing Heating, Ventilation, and Air Conditioning (HVAC) systems, BrainBox AI creates a self-operating building that requires no human intervention, resulting in up to 25% reduction in energy costs, 20-40% reduction in carbon footprint, and up to a 60% increase in occupant comfort.
“BrainBox AI is thrilled to be working with TIPS, enabling us to more easily share our autonomous building technology for HVAC systems with public entities across the United States, so that we can continue to make a true impact on the fight against climate change,” said Rainer Wellige, Chief Revenue Officer at BrainBox AI. “We want to make buildings smarter and greener than ever before and this is another step in that direction. Our technology is capable of making game-changing financial and environmental impacts on municipalities, schools, hospitals, and more.”
BrainBox AI is currently impacting over 100 million sq. ft. of real estate across the world, including educational facilities such as a private high school located in Montreal, Canada, that has been experiencing electricity and monetary savings of 34% per month on average, for over 16 months, thanks to this revolutionary technology.