May 16, 2020

Aquicore to integrate its EMS with Angus Anywhere software

aquicore
angus systems
angus anywhere
Admin
2 min
Aquicore to integrate its EMS with Angus Anywhere software
Aquicorehasannounced the integration of its energy data solution with Angus AnyWhere, the leading operations management software for commercial real est...

Aquicore has announced the integration of its energy data solution with Angus AnyWhere, the leading operations management software for commercial real estate from Angus Systems. By sharing meter data, the two companies will allow property management customers to breathe a sigh of relief when billing tenants and issuing work orders. The integration of the two solutions will improve the speed, efficiency, and accuracy of tenant billing solutions for its mutual commercial real estate customers.   

The integration provides commercial real estate owners with a fully automated solution for collecting meter and submeter data, calculating bill payments, and automatically pushing that data into Angus AnyWhere for the purpose of generating work orders and invoices for tenants. As a result, building managers can cut down on labor costs, rectify incorrect billing charges, and often save thousands of dollars in the process.

The Aquicore-Angus AnyWhere integration will enable clients’ submeter data to flow seamlessly from start to finish, reducing a long manual process to a few clicks. Aquicore’s solution will eliminate the need to manually walk to meters or work in spreadsheets, which will help customers save time and money. With Angus AnyWhere, users will automate sending out utility bills and work orders. By integrating Aquicore’s energy solution with Angus AnyWhere, customers of the two companies will have the best of both worlds so they can focus on what matters most: providing the best possible experience to tenants.

“Our partnership with Aquicore expands our technology solutions for commercial real estate, allowing building managers to accurately streamline processes in real-time and minimize complexities that stand in the way of overseeing more efficient buildings,” said Chris Gale, CEO of Angus Systems. 

This announcement advances Aquicore’s mission to  connect physical environments and devices to cloud-based software applications that help stakeholders build more comfortable, sustainable and profitable global environments.

“As our platform continues to integrate with additional software providers, our customers will benefit from both the easy transfer of real-time data and new ways to solve business problems such as tenant billing,” said Logan Soya, Aquicore’s Founder and CEO. “The integration with Angus AnyWhere is part of Aquicore’s ongoing effort to develop seamlessly ‘connected environments’ and provides momentum for more integrations to come in 2016.”

 

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Jun 14, 2021

XYZ Reality receives £20m to develop Assisted Reality

AugmentedReality
construction
DigitalTransformation
Technology
Dominic Ellis
3 min
XYZ Reality to use funding led by Octopus Ventures to springboard into USA and automatically report issues through Assisted Reality

XYZ Reality has announced a £20m investment round led by Octopus Ventures.

Founded in 2017, XYZ Reality aims to "revolutionise" the construction sector with its Engineering-Grade Augmented Reality (AR) solution, Holosite.

Designed to enable an on time and on budget delivery of construction projects, by eliminating building errors, HoloSite has been available to select customers through an early access programme and has already been used on projects totalling a value of over £1.5bn in the last year. 

With approximately 98% of construction megaprojects facing cost overruns or delays and 7-11% of project costs being spent on correcting errors, XYZ Reality’s purpose-built integrated AR solution directly addresses these issues.

With its safety certified AR hardhat, cloud platform and in-built proprietary software, Holosite accurately positions high fidelity 3D design models on construction sites, enabling teams to build it right, first time. The technology system has been used on complex construction projects including data centres, pharmaceutical facilities and airports.     

This funding will be used to accelerate the company’s ambition of transforming projects by preparing for HoloSite’s commercial launch in the USA and continuing investment in strengthening research and development. The company is also growing its London team to include key hires across technology, manufacturing, sales and marketing.

David Mitchell, Founder and CEO of XYZ Reality, said developing its engineering-Grade AR solution helping construction teams identify errors in real-time is just the start.

"The next phase is Assisted Reality, where our spatial computing technology will have the intelligence to automatically detect and report issues in the field. And ultimately, the goal is builders building from holograms. Our vision of developing world changing products aligns with Octopus Ventures’ mission of investing in companies that are powering the next industrial revolution. We look forward to building history.”

The latest round of funding is led by Octopus Ventures, one of the largest and most active venture investors in Europe, known for its commitment of investing in companies and founders that are changing the world. Octopus Ventures has a strong track record, spanning investment in health, fintech, consumer, B2B software, and deep tech. This includes WaveOptics, one of Octopus Ventures’ early investments in Augmented Reality, which was recently acquired by Snap Inc. 

Rebecca Hunt, early-stage investor at Octopus Ventures, said: "We’ve always invested in entrepreneurs leading industry change and XYZ is doing just that. It's solving a massive problem that costs the construction industry billions every year, using its Engineering-Grade Augmented Reality solution to spearhead a shift in the sector’s approach. The founding team of David, Umar and Murray have deep domain and technical expertise, which we believe makes XYZ uniquely placed to drive this transformation.”

XYZ Reality also announces a new partnership with Mace, for the construction of a hyper-scale data centre in Europe. With speed to market being particularly essential for mission critical builds, HoloSite’s AR technology will have a significant role in supporting an accurate and time effective build for Mace, which last week appointed Jon McElroy its new Managing Director for International Technology.  

Mace Technical Director, Stephen Henley, said: “Mace has built a reputation of redefining the boundaries of ambition, always bringing efficiency, innovation and responsibility to our projects. With the implementation of XYZ’s groundbreaking AR system, we continue to be committed to delivering projects faster, safer and better than ever before.” 

Five years ago, Heather Bellini of Goldman Sachs Research expected virtual and augmented reality to become an $80 billion market by 2025.

But according to new research by global tech market advisory firm ABI Research, nearly 28 million augmented and mixed reality smart glasses will ship in 2026, while the total global AR/MR market will surpass $175 billion in the same year.

"Major tech players across hardware, software, and services look familiar in the consumer space, contributing to strong and consistent overall growth," says Eric Abbruzzese, Research Director for ABI Research. "Those big tech names, with active investment and product ranging from already available, to announced, to all-but-announced, are creating a consumer AR market that will be dynamic and welcoming rather than struggling and immature."

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