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March 31, 2015 — Energy Control Technologies, Inc. (ECT) announced that is has officially formed a new company called sensorFact Services, Inc. (sensorFact) in an effort to allow its newly formed cloud-based services group to better focus on its targeted market, the emerging Internet of Things (IoT).
“sensorFact is a significantly different business and marketing model from the core business we started in 1983.” said Richard Combs, president and founder of ECT. “We want to ensure that sensorFact is able to succeed by allowing it to purely focus on its subscription-based services and engage in marketing of its brand outside the box of a traditional facility automation engineering firm.”
The company will be led by its new president, Matt Horton, a 27-year technology veteran holding extensive experience in Internet start-ups, with the most recent being being 12 years in the Building and Automation Controls segment. The company also named Rena Hafer to the position of vice president of operations. “These two have a unique blend of technology experience and business acumen that makes for a winning dynamic,” Combs said.
During a two-year incubation period, the sensorFact team worked to solve many problems around data acquisition, monitoring, and analysis faced by ECT’s existing customer base.
“After succeeding in developing a cloud-based solution that seems to satisfy the current customer demand, and offers so much opportunity for future growth, we felt the timing was appropriate to spin-off now in order to establish the dedicated operations necessary to grow the business," Horton said.
"Cultivating this business with a live captive customer base has been a truly unique opportunity. In the last two years, we prototyped the solution with several different languages and architectures, using a few different cloud service platforms. There was one particular combination that excelled completely, and we built on that one.
"Based on this testing, what we built distinctively will keep us competitive, even as the entire IoT market expands its reach. We’re excited by the realization this opportunity brings, of being at the right place at the right time.”
sensorFact Services, Inc. will now begin working to open its platform’s API, which will allow anyone to stream in sensor data. At the moment, sensorFact offers its subscription services through negotiated contracts, but is developing a self-service web application for direct use of its trademarked “pointCollex” data acquisition technology.
“Once users are able to sign themselves up and utilize the service on their own, we will issue another announcement and with corresponding pricing at that time” Hafer said. “We expect the pricing for basic services to be something around $10 per month.”
For more information about sensorFact Services, Inc., visit www.sensorFact.com. For more on Energy Control Technologies, visit www.energycontrol.com.
