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Eight Solutions CEO Rory Armes to Speak about Big Data at BUILDEX Vancouver, the Largest Event for the Building Industry in Western Canada

Tickers: XTSX:ES
Tags: Technology, Blockchain



Vancouver, BC / TheNewswire / February 13, 2019 - Eight Solutions Inc. (TSXV:ES) ("Eight Solutions" or the "Company"), a technology company bringing achievable AI to industrial enterprises, today announced that its CEO Rory Armes will give a presentation focused on big data and the use of predictive analytics in smart buildings at the BUILDEX Vancouver event, which takes place February 13-14, 2019.

BUILDEX Vancouver brings together architecture and design, construction, and property management professionals to learn about the latest innovations in the building industry. One such innovation is the increasing use of big data within smart buildings to provide healthy, safe, sustainable, and enjoyable environments for their occupants. The Internet of Things (IoT) accelerates data collection from multiple systems such as electrical, CCTV, building automation control, and many others. Rory Armes will discuss how connecting these disparate sources can lead to predictive insights that help property managers and service personnel optimize energy usage, asset health, comfort, and safety.

The BUILDEX Vancouver event comes at an exciting time for Eight Solutions and its AI-driven Cumul8 live analytics and IoT platform. Already driving value with customers using Cumul8 in the forest products and waste disposal industries, the Company has embarked on a pilot project with a large Canadian electrical contracting company increasingly focused on collecting IoT data. Connecting this data within the Cumul8 platform and building predictive data models for actionable insights will help this customer bring fast value through the improved optimization of overall building operations.

"So much data is already being generated in buildings, but most of the systems don't communicate with one another - it's very complicated to see the complete data narrative," said Rory Armes. "Making these buildings smarter by bringing data from previously separate systems together will help surface new insights and lead to more efficient and comfortable environments. Our latest pilot project is an important first step towards enabling the building industry's digital transformation."

Rory Armes will present 'Big Data and the Built Environment' at BUILDEX Vancouver at the Vancouver Convention Centre on February 14, 2019.

About Eight Solutions

Eight Solutions is a technology company bringing fast value to data through achievable AI. With a team of Media and Entertainment industry veterans, Eight Solutions brings together the 'fast to excitement' and 'ease of use' philosophies learned from years of producing the world's biggest video games and the experience of handling immense volumes of VFX data while working on Hollywood blockbuster movies. The Eight Solutions product portfolio includes Cumul8, an AI-driven live analytics platform providing real-time and predictive insights that help businesses harness and realize operational value from their data; and Jetstream, a secure high speed file transfer application enabling users to focus on their own work product rather than how it is delivered. For more information, visit eightsolutions.com.

On Behalf of the Board of Directors

(signed) "Rory Armes"

Rory Armes

Chief Executive Officer, President and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Although Eight believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

For more Information, please contact:

Investor Relations

investor.relations@eightsolutions.com

Suite 100, 138 East 7th Avenue

Vancouver, British Columbia, V5T 1M6

Phone: (604) 669-8885

Fax: (604) 669-8855

Copyright (c) 2019 TheNewswire - All rights reserved.

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