Vancouver, BC / TheNewswire / September 15, 2016 - Eight Solutions Inc. ("Eight Solutions" or the "Company") is pleased to announce our sales contract with a major forestry company to install our Cumul8 big data product into a US mill. This engagement marks the successful start of the Company's foray into the forestry sector with a platform-based solution driven towards ultimately building a "Connected Mill", where data from all machines and sensors is gathered and pushed to the cloud, so that data can be monitored live, insights can be discovered, and operational predictions can be projected.
Eight Solution's Cumul8 platform and solution is a recurring subscription revenue model that also provides for custom work to fit each customer's needs. Cumul8 has been running beta programs in multiple mills over the past several months, and this is that next step in moving from a test environment to commercial applications. It is anticipated that installations into additional US and Canadian mills will follow shortly.
The above sale is consistent with Eight Solutions' plan to focus the roll out of its Cumul8 "sensor to cloud to action" platform into the North American forestry industry. On September 29, 2016, the Company will be presenting at the Timber Processing & Energy Expo in Portland, Oregon to further market our installation of Cumul8 within the forestry sector.
"We are clearly showing we have a solution to Industry 4.0 issues within forestry as this sector quickly moves forward to more advanced machinery that now can be connected into one continuous digital signature," says Rory Armes, Eight Solutions CEO. "It is very exciting to see our big data and gaming expertise show value in a commercial business setting. Our strength is in bringing raw, massive amounts of data into a visual narrative that pushes the concept of "monitor, discover, and predict" into a reality. We believe the new world of forestry is about knowledge as soon as it is knowable, and more important, in bringing a visual narrative to that knowledge that is easy to use and understand."
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