BELLEVUE, Wash., June 27, 2019 /PRNewswire/ -- Bsquare Corporation
(NASDAQ: BSQR), a provider of next generation intelligent devices
and systems, today announced an agreement with Arcus FM, a leading
UK facilities management provider, to develop a distributed
intelligence management solution to serve Arcus' growing portfolio
of clients.
For its clients, Arcus maintains thousands of buildings and
assets, for example, lighting, refrigeration, HVAC, mechanical and
electrical items, as well as maintenance and cleaning. Bsquare's
work with Arcus will include collecting data into the cloud from
many different sources: from equipment in the buildings
themselves (energy consumption, detailed machinery condition data)
to external sources such as weather data. This distributed
intelligence solution will provide detailed information to Arcus
for a rapid response to identified problems. By creating more
intelligent devices and systems, Arcus will have the ability to
take preventative actions and keep situations and issues from
becoming more serious problems.
Steve Willis, COO at Arcus, said:
"We look forward to working with Bsquare to develop a new platform
that will collect data both from equipment at the stores we service
and from external sources, such as weather data, to improve
our facilities management services. By using machine learning and
process automation, we can help clients avoid equipment failure,
unexpected downtime, repair costs, and more."
Accelerated by Bsquare's suite of software and services, the
companies have already begun developing new monitoring solutions
that will provide valuable insight and actionable data for
maintenance teams. The solution, which includes machine learning
and a complex rules engine, will allow Arcus to deliver proactive
services to its clients, enhancing first-time fix rates and remote
diagnostic capabilities, and optimizing energy consumption.
"We believe the opportunity to use Bsquare's distributed
intelligence software and service suite to manage facilities is
enormous," said Ralph C. Derrickson,
President & CEO of Bsquare Corporation. "We are thrilled to
have the opportunity to partner with Arcus, a leader in facilities
management. Our joint efforts, I believe, will set a new bar for
what retailers should expect from their facilities management
partner."
Arcus offers a range of services to mirror the changing
demands of its clients, with the capability to deliver bundled and
single-stream services. It works in partnership with its clients to
understand their requirements and develop bespoke data analytical
reporting to optimise performance, reduce energy consumption and
increase lifespan of estate and equipment.
About Bsquare
Bsquare builds technology that is
powering the next generation of intelligent devices and the systems
in which they operate. We believe the promise of IoT will be
realized through the development of intelligent devices and
intelligent systems that are cloud-enabled, contribute data,
facilitate distributed control & decision making, and operate
securely at scale. Bsquare's suite of services and software
components allow our customers to create new revenue streams and
operating models while providing new opportunities for lowering
costs and improving operations. We serve a global customer base
from offices in Bellevue,
Washington, the United
Kingdom and Taiwan. For more information, please visit
www.bsquare.com.
Contacts:
Media Contact:
Brendan Hughes
RH Strategic
+1 206-264-0246
bhughes@rhstrategic.com
Investor contact:
Leslie Phillips
Blueshirt Group
+1 415-217-5869
leslie@blueshirtgroup.com
Arcus press office:
Rebecca Murphy
Marketing & Communications Manager
Rebecca.murphy@arcus-group.co.uk
+44 (0)7741740748
BSQUARE, the BSQUARE Logo and DataV are trademarks of BSQUARE
Corporation in the U.S. and other countries. Other names and brands
herein may be trademarks of others.
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SOURCE Bsquare