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ASK4’s investment in Utopi recognises the opportunity for ASK4’s clients to reap significant rewards from Utopi’s ESG technology and the close working relationship between the two companies. Benefits for clients include streamlined installation processes, integrated service delivery, simplified contracting and significant ongoing cost savings.

Utopi supports investors, developers and operators of multi-tenant buildings on their journey to improving their ESG performance. With Utopi’s smart sensor technology running on a resilient, building-wide network from ASK4, stakeholders can access live, actionable data to inform operational decisions, drive environmental and sustainability objectives and increase the value of their assets.

ASK4 CEO Andrew Dutton said: “The technology Utopi is delivering will be fundamental to the operational and financial success of the clients we serve, and we are delighted to be investing in the company’s future. The partnership we have established does and will continue to drive real value for a host of stakeholders within multi-tenant real estate.”

Utopi CEO, Jonathan Burridge, added: “ASK4 has been a key supporting partner for some time, and we are very glad to have formalised the relationship in this way. There is a lot we will be able to do together for the benefit of our customers and we are looking forward to the next phase.”