South African innovator in the Internet of Things (IoT) technology firm IoT.nxt is helping USA schools to save energy costs.
IoT.nxt with US partners Ensight Solutions and Minimise USA is rolling out a multimillion-dollar project at schools in Florida and Dallas, using IoT technology and strategies to deliver energy optimisation and reduce consumption.
The South African firm said on Monday that energy cost savings are already being realised at several of 50 schools in Florida, USA.
The company’s IoT solution helps the schools to deliver energy optimisation and reduce consumption.
Since installation started in September some schools where the technology is fully activated and running have reported savings of up to 15%, IoT.nxt said.
“The roll-out is progressing well and we expect to have all 50 schools running the IoT solution by the end of the year,” says Jason Bradlee, COO of IoT.nxt Americas.
“We are very encouraged by the results already achieved and on the back of that have been approached by four more states in the USA to introduce similar projects around energy management.”
Three months ago, IoT.nxt opened its USA office.
Team members from South Africa are currently in the US to support the schools’ roll-out process but in addition to Bradlee are supported by a US-based project manager in Tampa.
“The potential for expansion in the USA is very big and in addition to the school’s energy efficiency projects we are exploring 35 other opportunities in the SA across all sectors. These include opportunities with communication companies – large and small, systems integrators, platform providers and product companies as well as partnerships with the likes of Deloitte and Dell,” Bradlee says.
Bradlee expects strong growth for IoT.nxt in the USA as the company’s offering is unlike the majority of IoT solution providers currently rolling out projects.
“IoT.nxt has real distinction around IoT technology. There are many point-to-point IoT offerings, but no other company can leverage existing infrastructure, which means no new capital investment is required. This is a significant differentiator.”
The company will use a partnership strategy to drive its growth in the Americas. “We cannot employ the number of people we will need to make progress on the projects currently in development.”
IoT.nxt operates its head office from Centurion in South Africa, opened its European operations with an office in The Hague in 2017 and now has an office in Dallas, Texas and a satellite operation in Tampa, Florida in the USA.