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Zetaris Big Data Reaps Bigger Rewards for Small Business

When a mid-sized Melbourne-based retailer wanted to better understand the drivers and factors that influenced its sales, it turned to a technology more often associated with the big end of town – Big Data.

By analysing its transaction and customer data with publically available data such as economic growth, temperature and population growth, the retailer was able to better understand the impact these variables had on sales. The result – improved forecasting of revenue and margin.

Read the full story at The Australian Business Review

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Building IQ Acquires Energy Information Services From NorthWrite Inc

SAN FRANCISCO–(BUSINESS WIRE)–BuildingIQ, a leading energy management software company, today announced that it has acquired the Energy WorkSite and Facility WorkSite software applications from NorthWrite Inc. The two cloud-based applications, coupled with BuildingIQ’s packaged monitoring-based commissioning (MBCx) services, create a new, full-suite Energy Information Management Services (EIMS) platform. With the acquisition, BuildingIQ is able to create additional free cash flow and further meet the needs of those individuals responsible for managing daily operations of a single facility or a portfolio of buildings.

The Energy WorkSite application is a sixth-generation monitoring and data analytics software toolkit that allows commercial and industrial facilities to accurately track and benchmark energy use. It serves as a critical tool that enables facility owners, operators and energy service companies to verify savings from energy efficiency measures, while also helping utilities to better manage generating capacity. The Facility WorkSite application is a low cost management platform for facilities that provides work order management, preventative maintenance and asset performance reporting services. NorthWrite’s co-founder, Terrence McManus, and a staff of seven, will join BuildingIQ to manage the EIMS platform.

More can be read at http://www.businesswire.com/news/home/20160414005923/en/BuildingIQ-Acquires-Energy-Information-Management-Services-NorthWrite

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Tuned Global Selects Triton Digitals a2x Platform

Tuned Global Selects Triton Digital’s a2x Platform

Move enables firm to monetize customized mobile music apps for brands and labels through premium targeted audio ads March 4, 2016

LOS ANGELES—Tuned Global, a white-label digital music provider in Australia and South East Asia, announced an audio advertising partnership with audio industry  technology provider Triton Digital, allowing the firm to monetize its customized mobile music apps for brands and labels through premium targeted audio ads.
Tuned Global will join a2x, Triton’s programmatic audio exchange, to enable the programmatic purchase of its digital audio inventory across its streaming apps. The platform’s automated, exchange-driven method of buying and selling ad impressions facilitates rapid and precise transactions, according to the company.
The inventory will be packaged with consumer data containing information about online purchase intent, household demographics and behavioral propensities, allowing advertisers to reach targeted audiences in Australia, New Zealand, Southeast Asia and the United States in real-time, while maintaining a great in-app experience for the user thanks to content relevancy.
Tuned Global will also employ Triton’s advertising platform, Tap OnDemand, to insert mobile ads within on-demand playlists or interactive radio stations, enabling Tuned Global’s clients to streamline ad operations and maximize revenue.Sourced from Radio Mag Online

 

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Building IQ named approved supplier under NSW measurement and verification offering

BuildingIQ, a leading energy management software company, today announces that it has been named an approved supplier for Measurement & Verification (M&V) services by the New South Wales Office of Environment & Heritage. The OEH initiative aims to accelerate the uptake of energy efficiency in NSW by supporting up to 70 new M&V projects over the next two years to help achieve annual energy savings of 16,000 gigawatt-hours by 2020, as outlined in the NSW Energy Efficiency Action Plan.

“The proven effectiveness and design of the BuildingIQ platform has enabled us to get in on the ground floor of New South Wales’ M&V initiatives”

BuildingIQ’s cloud-based platform uses advanced algorithms and predictive analytics to reduce HVAC operating costs in commercial buildings by as much as 25 percent, without the need for manual intervention. With the platform’s M&V module, which uses processes that are consistent with the International Performance Measurement and Verification Protocol (IPMVP), BuildingIQ compares past energy usage to present, and makes savings transparent. BuildingIQ projects are now potentially able to access funding from the NSW Government that contributes up to 80 percent (capped at $15,000) toward the cost of eligible measurement and verification projects.

Once BuildingIQ’s platform is operational it can then be used to generate Energy Savings Certificates under the Energy Savings Scheme (ESS). These certificates are sold by the building owner to electricity retailers for additional revenue.

“The proven effectiveness and design of the BuildingIQ platform has enabled us to get in on the ground floor of New South Wales’ M&V initiatives,” said Michael Nark, CEO of BuildingIQ. “Through these programs, we are delivering even more value to our clients by capitalising on every opportunity to create free cash flow. As a NSW Government approved supplier for measurement and verification services, we’re able to bring these capabilities and the resulting savings to even more businesses in New South Wales.”

To learn more about the new M&V program, visit www.environment.nsw.gov.au/business/energy-saver.htm

About BuildingIQ

BuildingIQ is a leading provider of advanced energy management software that actively predicts and manages HVAC loads in commercial buildings. As the only supplier of patent-pending Predictive Energy Optimization™ technology, BuildingIQ’s cloud-based solution is powering energy and operational savings in buildings across the globe with reductions in HVAC energy costs by as much as 25 percent. BuildingIQ delivers measureable results and has received backing from tier one industry leaders including the Venture Capital unit of Siemens Financial Services (SFS VC), Paladin Capital, Exto Partners and the Energy Division of the Commonwealth Scientific and Industrial Research Organisation (CSIRO).

Recognized as a leader in its industry, BuildingIQ most recently was named winner of a National iAward for Sustainability, a National Energy Efficiency Industry Award for Best Commercial Energy Efficiency Project, Bloomberg New Energy Pioneers AwardFierce Innovation Awards’ “Best in Show”, a Cool Vendor in Green IT and Sustainability by Gartner and listed on the Global Cleantech 100 and AlwaysOn Going Green Global 200.

Source : Business Wire

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Beat the Queue app backed by Reinventure and Exto

Exto partners recent support of start up company Beat the Queue Posse Group has attracted widespread media attention.

The funding comes months after the merger of three of Australia’s café start-ups – Posse, Beat the Q, and E-Coffee Card. The funding raised will be used for rapid national expansion, as the company’s mission is to build a dining application for Australians and significantly improve the payment process for customers when dining out

The new app will be branded as Hey You

Full reports can be found at the following sources

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Should you stay or should you go? The big question for many Australian startups

Peter Hammond

Our very own Exto Partners managing director Peter Hammond says Australian startups need to consider a couple of things when trying to determine whether or not moving overseas will give them the best chance of being successful.

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Article featured on StartUp Smart website on Monday 10th November 2014 by Kye White

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