Eight Solutions Announces the Cumul8 Product Line-up
VANCOUVER BC, April 10, 2015 Eight Solutions Inc. (CSE:ES) (Eight or the Company) is pleased to announce Cumu8s new product line-up.
With the Prime Focus transaction complete, Eight is refocusing on its core strength as a technology company. The spotlight is now on its Cumul8 big data product line.
In what started as a method to manage the Companys 3D conversion data, Cumul8 has become a commercial product with multiple clients. Realizing its industry-agnostic potential, Eight has deployed Cumul8 to other sectorsmost recently completing a full rollout with its first manufacturing client, Ace Clearwater Enterprises. Today, Eight is driving hard to sell and deliver Cumul8 deeper into the entertainment sector and other industries.
The Company plans to take advantage of the large and growing business intelligence (BI) segment of the big data industry, which is growing at a compound annual rate of 9.14% and projected to be valued at more than $100 billion by the end of 2016.
While most BI solutions in this sector focus on storage and reporting, Cumul8 offers a powerful interactive system that can visualize complex data and allow users to rapidly perform higher-order functionsa shift from being data-driven to taking data-informed actions. The Cumul8 product line-up comprises the following:
CUMUL8 stratus is a live dashboard solution for tracking assets and assigning tasks, allowing employees at different levels to communicate and manage data. This advanced tool set was designed to help analyze and visualize vast amounts of information for maximum efficiency. With a current user count of more than 200, this product has managed multiple movies, and Eight plans to take it to India and beyond. The Companys goal is to reach 1,000 users before the end of 2015.
CUMUL8 cirrus is a mobile-first BI solution that allows companies to easily align reporting so they can make faster decisions with more-accurate information. The cirrus product uses a unique customized design approach to data visualization, combined with a powerful live interactive system. It puts people in command of their data, not the other way around. This enterprise-level product has entertainment and manufacturing customers, and Eight is aggressively expanding sales efforts. The goal is to grow beyond ten major customers by end of 2015, all with opportunities for recurring revenue.
CUMUL8 sky will be a global BI live dashboard product that taps into numerous data systems for multiple industries. Unlike competitors such as Splunk, QlikView and Tableau, sky will give non-technical specialists the power to interact with and visualize complex information sets and create a live data narrative. It will unlock the human potential of big data, putting power in the hands of every user. To bring sky to market on a timely basis, the Company is leveraging its tremendous gaming industry experience as well as the technology developed with its enterprise clients. Eight plans to launch a beta version by the fourth quarter of 2015.
We are excited about Cumul8, says Rory Armes, CEO of Eight. We currently have two products in the market today and are taking our experience from these to apply to our Cumul8 sky product. Sky will be revolutionary in its approach to representing data for any industry and allowing a casual user to thrive in the data science arena. Cumul8 products provide an instant plug-and-play reporting format framed in a beautifully simple way.
About Eight Solutions
Eight Solutions Inc. is a media technology company led by a team of gaming industry veterans. The Company creates and develops elegant technology solutions where science and art are brought together to solve business challenges. Eights portfolio includes a 3D technology division; Cumul8, a data analytics solution focused on data visualization; and Reelhouse, an online entertainment distribution community. For more information, visit
www.eightsolutions.com.On Behalf of the Board of Directors
Rory Armes
Rory Armes
Chief Executive Officer and Director