Proactiveinvestors Australia Quantify Technology Holdings Ltd https://www.proactiveinvestors.com.au Proactiveinvestors Australia Quantify Technology Holdings Ltd RSS feed en Thu, 20 Dec 2018 03:41:12 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Quantify Technology opens up sales opportunities for Q Device on back of construction group agreement ]]> https://www.proactiveinvestors.com.au/companies/news/193502/quantify-technology-opens-up-sales-opportunities-for-q-device-on-back-of-construction-group-agreement-193502.html Quantify Technology Holdings Ltd (ASX:QFY) has signed a memorandum of understanding with Greaton Group, a diversified construction company.

Greaton recently purchased a $730 million high-profile Darling Harbour project and is developing Australia's largest hotel investment, The Ribbon.

The company has a track record of designing and building innovative property projects with its portfolio including hotels, residential and commercial developments.

Its innovative approach could see Quantify gain some solid sales traction for the smart devices used in a wide range of buildings.

Q Device assists in energy management

Quantify’s commercially ready product known as the Q Device is a simple replacement for standard power outlets and light switches in large and small buildings.

WATCH VIDEO: Clever devices for connected living

It is retrofittable on standard Alternating Current (AC) wiring, allowing it to be installed in existing buildings without re-cabling.

The Q Device replaces AC light switches/dimmers and power outlets with intelligent, network connected devices to provide, energy management and reporting.

It also incorporates voice-enabled control and interaction with buildings, as well as real-time evaluation of environmental and risk factors for building occupants.

Collaborative licensing and development

The memorandum of understanding envisages the licensing of a broad range of Quantify’s existing technology, development expertise and intellectual property.

Managing director Mark Lapins said: “We are now able to demonstrate that the company can deliver more than just products for our intelligent building solution.

“Our Qumulus cloud platform and our engineering expertise provide other companies with tools they can harness to enter the IoT (internet of things) market with their own unique offerings”

Access to more than 600 Greaton partners

Greaton will use Quantify’s expertise in the creation of next-generation lighting solutions for its two lighting companies, Haneco Lighting and Lucesco Lighting.

The relationship with Greaton provides Quantify with access to the group’s sales and distribution capabilities, including more than 600 active partners across Australia.

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Wed, 21 Mar 2018 10:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/193502/quantify-technology-opens-up-sales-opportunities-for-q-device-on-back-of-construction-group-agreement-193502.html
<![CDATA[News - Quantify Technology Holdings gains certification for Qumulus, improving Amazon features ]]> https://www.proactiveinvestors.com.au/companies/news/192149/quantify-technology-holdings-gains-certification-for-qumulus-improving-amazon-features-192149.html Quantify Technology Holdings Ltd’s (ASX:QFY) Qumulus skill for Alexa has passed certification requirements.

Qumulus skill for Alexa facilitates interaction with technological devices using conversational voice commands to understand one’s environment and/or assist in managing aspects of that environment.

Alexa is the cloud-based voice service from Amazon, and it is the brain behind Amazon Echo and other Alexa-enabled devices.

The certified Qumulus skill for Alexa can be enabled by Amazon.com, Inc (NASDAQ:AMZN) customers, for use with any Amazon Alexa-enabled product.

The Qumulus skill for Alexa product is part of the growing Qumulus suite of applications under development by Quantify Technology.

Targeting truly intelligent building solutions

Certification is a key step in the company’s go-to-market strategy of delivering a simple to install and understand truly intelligent building solution.

Alexa allows the user to ask a question and receive an instant response.

The integration of the company’s technology with Alexa leverages the power and scale of the Alexa voice service.

Applications in retirement living

The continuing investment by Amazon in the Alexa platform provides Quantify Technology with a continually expanding service to develop against.

This assists in protecting the company’s investment in voice control features.

Voice control is a key part of the company’s vision for retirement living and disability applications, allowing hands-free control of living spaces for less mobile customers.

An example of the integrated solution will be available as part of the company’s marketing strategy with Harvey Norman Holdings Limited’s (ASX:HVN) commercial division.

 

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Mon, 26 Feb 2018 12:52:00 +1100 https://www.proactiveinvestors.com.au/companies/news/192149/quantify-technology-holdings-gains-certification-for-qumulus-improving-amazon-features-192149.html
<![CDATA[News - Quantify Technology Holdings targets next development steps within Internet of Things market ]]> https://www.proactiveinvestors.com.au/companies/news/187466/quantify-technology-holdings-targets-next-development-steps-within-internet-of-things-market-187466.html Quantify Technology Holdings Ltd (ASX:QFY) has a unique business model as a developer of hardware and software devices that enable the monitoring and management of the next generation of internet- enabled devices such as lighting, power, heating and cooling systems installed in buildings.

Its patented flagship product, the Q Device, provides real-time evaluation of environmental and risk factors for building occupants.

To continue with the next steps in development, the company is heading to market with a capital raising, and the ASX has granted a trading halt to prepare.

The halt will remain in place until the opening of trade on Wednesday 22nd November 2017, or earlier if an announcement is made to the market.

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Mon, 20 Nov 2017 10:55:00 +1100 https://www.proactiveinvestors.com.au/companies/news/187466/quantify-technology-holdings-targets-next-development-steps-within-internet-of-things-market-187466.html
<![CDATA[News - Quantify Technology integrates its device with Amazon Alexa voice ]]> https://www.proactiveinvestors.com.au/companies/news/187184/quantify-technology-integrates-its-device-with-amazon-alexa-voice-187184.html Quantify Technology Holdings Ltd (ASX:QFY) has integrated the Amazon Alexa voice technology, using Amazon Echo products, into its patented flagship product, the Q Device.

The Q Device, provides real-time evaluation of environmental and risk factors for building occupants and efficiently manages services and utilities.

Quantify’s integrated product is in beta testing and has been added to its demonstration apartment on York Street, Sydney where it can be viewed by prospective partners and clients.

Alexa is an intelligent personal assistant developed by Amazon, first used in the Amazon Echo and the Amazon Echo Dot devices.

The integration with Alexa leverages the power of the Amazon cloud and provides Quantify with the tools to create more advanced features when paired with its core technology platform.

The integrated product will be available in the future via Quantify’s recently announced distribution deal with Harvey Norman (ASX:HVN), which is estimated to deliver future revenues of around $25-$30 million per annum.

Future developments will see a dedicated Alexa-enabled fascia developed so that users can simply replace an existing Quantify light switch face plate with a fully Alexa-enabled face plate.

This will ensure access to full voice control in any room.

The new integration opens up a wide range of new vertical applications for retirement living, hospitality, healthcare and other industries that will benefit from a digital assistant.

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Tue, 14 Nov 2017 12:35:00 +1100 https://www.proactiveinvestors.com.au/companies/news/187184/quantify-technology-integrates-its-device-with-amazon-alexa-voice-187184.html
<![CDATA[News - Quantify Technology signs a deal with Harvey Norman ]]> https://www.proactiveinvestors.com.au/companies/news/184922/quantify-technology-signs-a-deal-with-harvey-norman-184922.html Quantify Technology Holdings Ltd (ASX:QFY) has signed an agreement with Harvey Norman Commercial Division (HNCD) to promote and sell its Internet of Things (IoT) products.

These products will be sold into commercial and residential development projects throughout New South Wales and the Australian Capital Territory.

Quantify Technology develops IoT hardware and software that enable the monitoring and management of lighting, power, heating and cooling systems installed in buildings.

Its patented flagship product, the Q Device, provides real-time evaluation of environmental and risk factors for building occupants and efficiently manages services and utilities.

Under the new agreement, Quantify will establish a demonstration facility at HNCD’s showroom at Taren Point in New South Wales.

Harvey Norman (ASX:HVN) is a large Australian retailer of furniture and household appliances and HNCD NSW/ACT is Harvey Norman’s largest franchisee.

It is estimated that in three to five years, sales of Quantify’s products derived from this agreement could potentially reach $20 - $30 million per year.

Quantify and HNCD are currently finalising reseller/distribution agreements and supply contracts with individual developers for specific projects.

The company’s shares closed circa 4% higher on Monday, at $0.082.

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Tue, 03 Oct 2017 08:21:00 +1100 https://www.proactiveinvestors.com.au/companies/news/184922/quantify-technology-signs-a-deal-with-harvey-norman-184922.html
<![CDATA[News - Quantify Technology Holdings to reveal latest agreement ]]> https://www.proactiveinvestors.com.au/companies/news/184701/quantify-technology-holdings-to-reveal-latest-agreement-184701.html Quantify Technology Holdings Ltd (ASX:QFY) primarily develops hardware and software devices that enable the monitoring and management of the next generation of internet enabled devices.

These include lighting, power, heating and cooling systems installed in buildings.

Quantify is now preparing to reveal details of an agreement to promote and sell its products.

The ASX has granted the company a trading halt.

The halt will remain in place until the opening of trade on Monday 2nd October 2017, or earlier if an announcement is made to the market.

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Thu, 28 Sep 2017 10:21:00 +1000 https://www.proactiveinvestors.com.au/companies/news/184701/quantify-technology-holdings-to-reveal-latest-agreement-184701.html
<![CDATA[News - Quantify Technology Holdings moving to production development ]]> https://www.proactiveinvestors.com.au/companies/news/179587/quantify-technology-holdings-moving-to-production-development-179587.html 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.

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Wed, 21 Jun 2017 13:30:00 +1000 https://www.proactiveinvestors.com.au/companies/news/179587/quantify-technology-holdings-moving-to-production-development-179587.html