Carl Data Solutions Primed to Enter Smart City Market in India
Carl Data Solutions Inc. (CSE:CRL)(CSE:CRL.CN)(CNSX:CRL)(FRANKFURT:7C5)(OTC PINK:CDTAF) (“Carl” or the “Company”), a developer of Big-Data-as-a-Service (“BDaaS”)-based solutions for data integration, business intelligence, and Industrial Internet-of-Things (“IIoT”) applications, is primed to enter the Smart City market in India, which has an estimated worth of $45-50 billion USD over the next 5 years. India’s infrastructure, from solid waste to street lights, will be upgraded over the next decade.
Recent acquisition AB Embedded Systems Ltd. (“AB Embedded”), a leader in control systems and hardware devices, has been incorporated in India for several years which allows ability to bid on contracts throughout the country. Carl’s scalable BDaaS platform for data storage, reporting and advanced analytics combined with AB Embedded’s advanced sensors, gateways and telemetry for data collection, create the plug-and-play IIoT solutions that are in high demand for this massive emerging market.
Lawrence Francois, Project Manager with KWL a civil engineering firm who has previously partnered with Carl on IIoT solutions, commented, “India’s ambitious urbanization strategy promotes significant redevelopment, creation of new Smart Cities and a nationwide digitization program. Innovative planning, design and management of water, wastewater and sanitation infrastructure are critical to sustainable cities of the future. Smart Cities will need to be developed as a digital platform for efficient management of its natural resources and critical infrastructure.”
Recently, AB Embedded expanded to introduce new Smart City products that include water and solid waste management solutions using advanced telemetry to cost effectively collect data from remote locations. AB Embedded is currently organizing several pilot projects in India and North America to test both new products and the telemetry solutions that connect its devices. According to Attila Bene, President of AB Embedded, “There are two cities North East of Mumbai that will be investing $1 billion in Smart City infrastructure. Carl’s Smart City IIoT solutions are well positioned to possibly obtain up to $30 million in revenue.”