Technology for water damage risk mitigation will give you the tools to save on costs. protect your property and more. Read on.

Property damage caused by water related events accounts for the largest proportion of emergency calls to property restoration companies. Whether due to a sudden weather event or a slow undetected leak, the impact of unmitigated water damage can be a costly disruption to any business.  When left unattended, impacts are more substantial as it can lead to harmful mould growth, structural degradation, health risks, business interruption and higher remediation costs.

Environmental & sustainability goals are an increasingly critical aspect of our business practices. Building managers are challenged with finding ways to conserve energy and natural resources, reduce emissions and increase efficiencies among other sustainability goals.

Developments in IoT have given rise to technology solutions that enable businesses to be more proactive in dealing with a variety property management needs and challenges. Water monitoring proptech, or property technology, enables facility managers to monitor water usage, temperature and/or humidity to detect abnormal conditions quickly, better preparing them to address issues and mitigating damage.  Monitoring water consumption is another means toward reducing losses and increasing environmental sustainability practices. This article answers some key questions about how businesses can prevent and mitigate water damage and monitor water consumption using technology-based solutions like Alert Labs.

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