Potential customers, according to CEO Terrence DeFranco, include commercial buildings, healthcare campuses, and office buildings. On a larger scale, Arktic could be used in smart cities’ deployments. Navigant Research forecasts that global smart city technology revenue will grow from $8.8 billion annually in 2014 to $27.5 billion in 2023.
The Arktic software is an open source, Linux-based platform designed specifically for wide-scale industrial and commercial applications like energy management and machine productivity. The platform includes analytics and is also designed to be integrated with third-party products.
One potential deployment, says DeFranco, is where a commercial building uses the Arktic platform to generate alerts when energy costs are higher than normal. Another is when an industrial manufacturer uses the platform to get alerts when a machine’s performance is poor, indicating a potential malfunction.
DeFranco says the company’s lightweight machine-to-machine (M2M) standards-based protocol will help reduce bandwidth on the network, so it uses less cellular data and is therefore cheaper for companies to deploy.
DeFranco adds that Arktic distributes logic across the platform so that not all IoT data is stored in one place, making it more secure.
Arkados partners closely with Taiwan-based computer manufacturer, Tatung Company, and its Arktic platform is integrated into Tatung hardware to help drive more applications.