QFY adds world class power outlet to suite of IoT products
Quantify Technology Holdings Limited (ASX:QFY) this morning updated the market on the progress and latest developments of its general purpose power outlet and wall-mounted lighting controller.
QFY have redesigned its power outlets, improving numerous key design elements and simplifying the manufacture process based on feedback from customers, partners and an internal development review program. It has cut manufacturing costs and redesigned the look and feel of the devices to deliver a world class look, feel and functionality.
The outlets, which will be available this year, offer a full range of energy management features, local touch control and integration with the company voice control service. Meeting required Australian standards, it is simple to install in new buildings and retrofits — and conforms to QFY’s Qumulus platform standards, meaning that the outlets work with QFY’s existing devices and services.
The first units released will be 10AMP devices suitable for general use across all building environments within Australia. They will integrate with the wider QFY platform using standards-based 802.11 wireless communications.
Overall this is an early stage play and as such any investment decision should be made with caution and professional financial advice should be sought.
QFY’s engineering team is also due to release a new range of glass fascias for its existing AC Dimmer. The unique modular design of the hardware allows QFY to release updates, features and hardware components without needing a complete re-engineer of existing hardware.
Having worked with real world customers using its existing switch fascias, QFY’s dedicated User Experience (UX) engineers and industrial designers set about delivering the best possible user experience based upon feedback from customers.
The result is a paradigm shift in the user experience for the humble light switch. Beautiful, functional, and manageable, the switch offers significant user enhancements by including user haptic (vibration) feedback, informative switch fascias and a wider range of user features.
Energy management and control is still the core functionality of the product with the focus of the redesign to enhance the usability and aesthetics of the device. Development is also continuing on voice integration, with a production ready version expected in the coming months.
QFY Managing Director Mark Lapins said: “Quantify engineers are delivering more than just basic energy management tools. The company is continuing to strive to develop products that are not just functional but are also beautifully designed pieces. Feedback from initial showcasing of the products has been excellent.”
When the experts at Next Investors have a stock pick, it may pay to listen.
The Next Investors have been investing in ASX small cap stocks for years, with their best small cap picks yielding returns of 1,200%, 1,120%, 900% and 678%.
They have just revealed their hand-picked, FY2021 stock portfolio of high conviction long-term investments.
Click the link below to see what they are currently investing in.
S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.
Conflict of Interest Notice
S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.
The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.