Perth-based ASX-list IoT company, Quantify Technology Holdings (ASX: QFY) has scored a spot for its intelligent building technology in Cisco’s Perth Internet of Everything Innovation Centre (CIIC).
Quantify says that, under its agreement with Cisco, Cisco will showcase and promote its technology to potential property development partners and will facilitate connections between Quantify and key stakeholders in the building management and development industry.
“Through the agreement, the CIIC will work with Quantify to build a program of engagement around Quantify’s disruptive technologies, including the Q Device, with key stakeholders and target users, both in Australia and overseas,” it said.
“The objective of the collaboration is to demonstrate first-hand the potential of Quantify’s technology and its applications in Truly Intelligent Buildings to strategic customers.”
Quantify says among the projects in which it hopes to score a role is the Greater Curtin University project, a multi-million-dollar revitalisation of the Curtin University (which hosts the Cisco Innovation Centre)
The 20-year infrastructure project aims to transform Curtin University’s campus into “a vibrant urban centre with a greater variety of land uses for education, residential and business,” Quantify said.
Construction of the $26 million first-stage of the Greater Curtin Project is expected to start later this year and will include a 1,400-student accommodation building, a “school of built environment” and a short-stay accommodation facility.
Quantify said the agreement with Cisco would supplement its existing sales effort. “The Cisco Innovation Centre will also host a ‘design sprint’ where target groups will explore future applications of the technology beyond its current application and feature set,” Quantify said.
High hopes from Cisco relationship
Quantify has high hopes from its tie-up with Cisco. Managing director, Mark Lapins said that, as a first mover in the IoT market focusing on ‘truly intelligent buildings’, the company saw enormous potential in partnering with the CIIC. “We believe this can lead to our solutions being used in major building projects across Australia and globally,” he said.
Quantify, which listed on the ASX in March, claims to be a first mover in the IoT market and “primarily 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.”
The company says its patented flagship product, the Q Device, “provides real-time evaluation of environmental and risk factors for building occupants, as well as proactively managing services and utilities to ensure the highest levels of efficiency are achieved – for example, maximum energy efficiency – to create truly intelligent buildings.”
The Q Device received (AS/NZS CISPR 15 and AS/NZS 4268 certification at the end of March, an event Quantify hailed s a ‘milestone’. AS/NZS CISPR 15 covers RF interference limitations. AS/NZS 4268 cover conformance with ACMA requirements for devices used in class-licensed RF spectrum.