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UTW Utilitywise

1.903
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Utilitywise LSE:UTW London Ordinary Share GB00B6WVD707 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.903 1.806 2.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Utilitywise plc Asda selects UTW & Dell to supply IoT solutions (6554M)

17/10/2016 7:00am

UK Regulatory


Utilitywise (LSE:UTW)
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TIDMUTW

RNS Number : 6554M

Utilitywise plc

17 October 2016

17 October 2016

Utilitywise plc

("Utilitywise" or "the Group")

Asda selects Utilitywise and Dell to supply IoT solutions

Utilitywise plc (AIM:UTW), a leading independent utility management consultancy, is pleased to announce that, it has been selected by Asda Stores Limited ("Asda") as the Walmart-owned supermarket retailer's chosen supplier of Internet of Things ("IoT") Building solutions.

Under the terms of the agreement, Utilitywise will work closely with Asda's facilities services partner, City Holdings, to deploy Utilitywise's Dell-based Integrated Technology Management Solution across its UK estate.

The Utilitywise solution connects a wide range of in-store systems and assets ranging from refrigeration and lighting to fire alarms and security. Connecting disparate devices together in a single, intelligent network enables a more granular level of control and the potential to provide much higher cost savings which enhances the operation of existing building technologies, improving both building and business performance.

Benefits include:

   --     Full visibility and control of connected assets 
   --     More reliable, real-time data 
   --     Prescriptive and predictive performance and maintenance services 
   --     Transforms the way that building assets are managed 

Andy Rhodes, Vice President and General Manager, IoT, Dell, said:

"We're delighted that our strategic partnership with Utilitywise continues to grow. IoT solutions are an impactful part of successful building automation initiatives, and we're proud Dell and the Edge Gateway 5000 Series are helping Asda improve their operations and better serve their shoppers."

Brin Sheridan, Utilitywise COO, commented:

"Being selected by City Holdings on behalf of such a large-scale and prestigious organisation as Asda is a tremendous validation of our Intelligent Building IoT solution. There is huge potential for our modern, technology-led solutions not only in the retail sector but in any sector encompassing businesses with physical premises and we are confident that we have an extremely competitive offering which will enable us to grow our market share in the Building Technology sector."

Tony Parkinson, Head of Engineering, City Holdings, commented:

"Utilitywise met the challenge and have consistently delivered beyond the team's expectations a solution which meets all of our requirements. The feedback from my team and my own experience in relation to both the products and ways of working have been extremely positive. Working together will generate a major benefit to our customers".

For further information please contact:

 
 Utilitywise plc                            0330 303 0233 
 Geoff Thompson (Executive Chairman) 
  Brendan Flattery (Chief Executive 
  Officer) 
 Jon Kempster (CFO) 
  Brin Sheridan (COO) 
 
 finnCap (NOMAD and broker)                 020 7220 0500 
 Matt Goode/Grant Bergman (Corporate 
  Finance) 
 Simon Johnson (Corporate Broking) 
 
  Liberum (Joint broker)                      020 3100 2000 
 Robert Morton/Steve Pearce 
 Redleaf Communications                     020 7382 4730 
 Rebecca Sanders-Hewett/David Ison/Susie 
  Hudson 
 

Dell, EMC, and other trademarks are trademarks of Dell Technologies Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCAKADDDBDDQKD

(END) Dow Jones Newswires

October 17, 2016 02:00 ET (06:00 GMT)

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