Sign up Australia
Proactive Investors - Run By Investors For Investors

Quantify Technology Holdings moving to production development

The company’s technology simplifies the integration of IoT devices.
Quantify Technology Holdings moving to production development
Aiming to partner with other IoT solution vendors

Quantify Technology Holdings (ASX:QFY) is moving to production development phase of its unique technology platform which simplifies the connectivity of Internet of Things (IoT) enabled devices.

In its current iteration, the IoT universe is plagued by uncertainty and device-fatigue, with a dedicated gateway required for every product a consumer uses.

The lack of a unified solution restricts scalability and adoption of new IoT offerings, as well as cause confusion and unnecessary complexity for consumers.

Quantify Technology’s Fabric Extension fascia allows third-party IoT devices to connect directly to the company’s technology platform.

This innovative technology simplifies connectivity and integration of all devices in a home or building.

Quantify Technology is aiming to partner with other IoT solution vendors and sensor manufacturers to offer this technology platform for the burgeoning IoT market.

The company is evaluating business models and engaging in discussion with various parties to assess opportunities for the monetisation of the platform.

Meanwhile, the company’s Q Device continues to receive interest from customers and was recently included in the electrical specifications for projects in Western Australia and Queensland.

Q Device is a pioneering technology to create intelligent buildings by proactively managing services and utilities to ensure the highest levels of efficiency - for example, maximum energy efficiency.

Earlier this year, WHL Energy re-listed as Quantify Technology Holdings by raising $5 million as part of its reverse takeover of Perth-based Quantify Technology.

View full QFY profile View Profile

Quantify Technology Holdings Ltd Timeline

Related Articles

September 01 2018
The tech group is increasingly expanding its geographical reach and gaining traction in China
Mexican flag
March 26 2018
PLCs in emerging markets no longer have to find someone to promote their company to overseas investors
picture of trading screens
July 12 2018
With an optimistic outlook on future earnings, the company expects to recommend its first dividend in the second half of the current financial year.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use