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Quantify Technology Holdings Limited (ASX: QFY)

Cities are only getting smarter – and it’s all due to companies creating intelligent IoT solutions designed to make work, life and play much easier.

In China, total smart city investment over the next 10 years will be RMB 2 trillion (approximately US$300 billion) and one Australian company could be set to become a part of this evolution.

Quantify Technology (ASX: QFY) is currently in discussions for its flagship Q Device to be used in Smart City developments in a number of cities in China as part of the country’s 300 Smart City programme.

And this move is being facilitated by the man who headed up Microsoft’s acquisition team and reported directly to none other than Bill Gates – Mr. Alan Boyd.

Mr. Boyd was acknowledged by the Reagan administration as one of the world’s leading experts on IP, so this is one smart and well connected guy to have on board.

Yet even more important for QFY is Mr. Boyd co-founded SmartCity Software, the first Chinese software company to focus on the development and licensing of software needed to design, build and operate modern smart cities.

This gives QFY a great deal of clout as enters into discussions for its flagship Q Device to be used in Smart City developments in China.

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Mr. Boyd’s involvement in QFY demonstrates that QFY’s work to date is in line with where innovative IoT tech is heading in both China and the world.

And that’s a big endorsement for QFY as it looks to penetrate the multi-billion dollar Chinese IoT market and take a foothold in the development of the smart cities of the future.

 

Latest Article

QFY’s Smart City IoT Play: China Investing $300BN Over Next 10 Years

Cities are only getting smarter – and it’s all due to companies creating intelligent IoT solutions designed to make work, life and play much easier. In China, total smart city investment over the next 10 years will be RMB 2 trillion (approximately US$300 billion) and one Australian company could be set to become a part of this evolution.

Apr 5, 2017 Continue Reading

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.

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