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News and Announcements

Ecocentric Group introduces The Numen System: The key to a more productive built world

  • Published October 04, 2018 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

KEY TAKEAWAYS:

  • Ecocentric to expand business in the UK and EU after installing Numen system in top UK University.
  • Creation of the The Numen edge device – an incredibly powerful and adaptable data acquisition and processing system.
  • Ecocentric to expand business in Australia.

 

Numen is a Latin word that means the spirit or divine power within an object or place. The system is designed for the Built World and comprises edge devices for specialised data acquisition and a cloud-based data intelligence platform. Numen also offers multiple points of user interface to platform analytics – web, app and direct API.

The work required to create the Numen system has been incredibly complex and technically challenging, with $11.5m AUD invested since June 2015 in research, development and capability. The CSIRO has been a highly valued collaborator throughout this period and has added considerable IP, knowledge and expertise to the project. This relationship continues to flourish today.

This investment has created a technology that is unique in its methodologies and capabilities today and in its ability to evolve to meet new needs required by the market. The combination of both edge and cloud capability is rare, extremely powerful and highly relevant in meeting the needs of a fast-emerging data economy. The Numen edge device is an incredibly powerful and adaptable data acquisition and processing system

Numen has had a number of progressing paid trials in both in Australia, UK and EU. Insurance Australia Group (IAG), McDonald’s Restaurants, CSIRO, Drax Power are currently the most advanced with a progressing pipeline including IOT Systems, SSE, Jacobs Engineering, BMW, PRO9 and Veolia.

Ecocentric are currently in the process of upgrading the Numen installation at the University of Reading campus and are hoping that this installation will help them to further expand their business within the UK and European markets.

Ecocentric has engaged with McDonald’s Restaurants in Perth and the opportunity for trial has been agreed. Numen has been installed at two new restaurant sites at service centres on the Forrest Hwy Baldivis WA. With 900 stores in Australia and over 50,000 stores internationally, McDonald’s Restaurants very clearly represent a strong proliferation opportunity.

The Numen edge device explained: 

Artificial Intelligence (AI) provide insight into the performance of the connected devices, buildings, industrial plant along with the business and human processes that occur.

The open platform Application Programming Interface (API) is the engine of the system that supports very large-scale data processing and analysis for current and future applications. The Numen API has been designed to support individual users, but also serves as a platform for third parties to consume de identified NumenDataTMto innovate and develop solutions for a new marketplace of Numen users.

 

About Ecocentric Group

Ecocentric has developed Numen, a system that will change the way we understand energy and the performance of machines making them more efficient, productive and safer. Market development and IP protection are advanced with global affect, while an experienced and capable team is in place. An investment opportunity in Ecocentric exists as it moves through the final stage of pre-commercialisation.

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