Vancouver, BC / TheNewswire / January 16, 2017 - Eight Solutions Inc. (TSXV:ES) ("Eight Solutions" or the "Company") is pleased to announce the Company has been engaged to install its Cumul8 big data platform into two new US mills. Already installed in a number of mills in both Canada and the US, this new engagement represents the continued penetration into the forestry sector with the Company's Cumul8 big data platform. Cumul8's smart data agents gather raw data from sensors, PLCs (programmable logic controllers) and any other form of data across the entire mill and, by utilizing the cloud, assemble all raw data into a single, usable system. Cumul8's live visual and analytic tool kits enable users to discover operational trends and make predictions with the outcome of seeing otherwise hidden trends to improve operating performance and increase revenue. This is the Cumul8 "Connected Mill" platform.
"We continue to execute on our roadmap to install and expand our Cumul8 platform across the lumber industry" says Rory Armes, Eight Solutions CEO. "The ability to deploy our data agents and big data platform across an entire mill is not only exciting, but it will also help us prove that the visual and predictive nature of big data can truly provide a win to businesses. To connect an entire mill also further enhances the application and the use of our Cumul8 platform in forestry. This broader application and use of our software will be helpful as we extend the Cumul8 platform into other industries."
In other business, the Company has issued 450,000 common shares to one of its creditors to convert a debt of $90,000. |