Australia’s handful of ASX-listed IoT companies continue to make headway in US markets: three of them have reported new US customers in the last couple of days: CCP Technologies (ASX: CP1); Connected IO (ASX: CIO); and Catapult (ASX: CAT).
CCP Technologies, which specialises in monitoring refrigeration systems and which made its first sales only in the last quarter, has signed up two new US customers in Las Vegas: Roxy’s Diner, a 24 x 7 50’s style diner and the Top of the World restaurant at the top of Las Vegas’ Stratosphere Tower.
CCP says the use of its technology has enabled both restaurants to reduce waste, ensure food safety, and save energy by identifying faulty doors seals, damaged auto-closers and temperature trends during periods of highest and lowest use.
Having secured this foothold in the Las Vegas restaurant market it is hoping to make further sales. “There are over 2,400 restaurants within Las Vegas serving the 43 million annual visitors and the 2.3 million residents,” the company says. “Health Departments protecting this population also ‘get it’ and are now depending upon technology such as CCP Network to provide automated reporting that validates and protects consumers and restaurant owners from food mismanagement.”
CCP COO, Anthony Rowley, told IoTAustralia: “Thousands of food-service and retail outlets service the region, with food supply sustained by thousands more businesses. On the back of an extensive food supply chain, CCP estimates its addressable market in Las Vegas to exceed 1,000,000 monitoring points.”
Connected IO
Connected IO — which although it is ASX listed is based in Silicon Valley — specialises in technology for machine-to-machine connectivity and already counts the likes of Coca Cola, Verizon and AT&T among its customers.
It says it has received addition orders from Verizon worth $A205,000 under an ongoing relationship announced in February 2017, an order from the State of Nebraska to stream video communication from the state’s snow ploughs, and an order, its fourth, from an unnamed cyber security firm that “provides managed security services for some of the largest restaurant, retail, grocery and healthcare franchises in the US.”
Connected IO CEO, Yakov Temov said the new orders were from customers who have used the company’s products for an extended period and require additional product for further expansion.
Catapult
Perth based Catapult, which provides wearable technology and associated analytics for players in a wide variety of sports says its video analytics division, XOS Digital, has signed a league-wide agreement with North America’s professional ice hockey league, the National Hockey League to provide in-game video analysis services to all NHL teams.
The company’s XOS division is the former US company of the same name, acquired by Catapult in mid 2016. It provides video analytics to hundreds of US professional and college sports team.
Catapult CEO, Shaun Holthouse said: “As our first video-based league-wide agreement, this a fantastic milestone for both XOS and the Group. Not only does this reflect the power of the XOS technology stack, it is another step towards realising Catapult’s vision of an integrated sports analytics platform leveraging the insights captured by both our wearables and our suite of video analytics products.”
