PLATFORMS

SpotLite360 IOT Solutions, Inc. Announces Contract With Cultivation Company

SpotLite360 | April 25, 2022

SpotLite360_IOT_Solutions
SPOTLITE360 IOT SOLUTIONS, INC, (“SpotLite360” or the “Company”) (CSE: LITE) (OTC: SPLTF) (Frankfurt:87A) an emerging supply chain technology solutions company, announces a contract to provide design services, equipment and technology for an indoor cannabis cultivation and environmental control operation. The contract value is approximately USD $10 million and is expected to be fully recognized within fiscal year 2022.

This Arizona based implementation has already commenced. The SpotLite360 technology solution will monitor and manage many environmental controls including air flow, humidity, temperature, lighting and process automation. Installed sensors and Internet of Things (IoT) connected devices will provide critical real-time data to efficiently control and monitor environmental conditions and drive process efficiencies.

Bryson Guyer, founder of E3 Service Group added, “We are leveraging years of expertise in designing and developing state of the art solutions to generate optimal cultivation environments. The real-time IoT data we collect allows us to continuously improve our design and implementation processes. Now with experience in more than 300 installed facilities our customers depend on us to help them generate consistent product quality and a more efficient operating environment.”

SpotLite360 recently announced the acquisition of a majority interest in E3 Service Group (see Press Release dated March 10, 2022) and the combination of these companies and technology portfolios began last year. The concept of ‘environment-as-a-service’ drives a philosophy of optimization using technology for real-time data capture and analytics. All devices are IoT enabled and can be connected in a ‘smart-environment’ for near real-time decision making and continuous process improvement.

We are entering an era where Chain of Custody, Proof of Origin, Authenticity and Proof of Sustainability are mandatory not just after thoughts. We use sensors, IOT devices, live alerts and comprehensive analytics to first capture data, second, act on the data and third, use historical data to prove the consistent quality of every cultivation cycle.”

James Greenwell, President and CEO.

About SpotLite360 IOT Solutions, Inc.
SpotLite360 is a logistics technologies solutions provider unlocking value, opportunities, and efficiencies for all participants in a supply chain. Building upon existing applications of IoT technologies, distributed ledgers, and machine learning, SpotLite360 endeavors to set new standards of transparency, integrity, and sustainability in the pharmaceutical, healthcare, and agriculture industries. As regulators across the globe begin to impose new tracing and accountability requirements for the protection of consumers (e.g., DSCSA and FSMA from the U.S. Food and Drug Administration), the need for reliable, cost-effective, and versatile tracking technology is expected to grow considerably. SpotLite360’s flagship SaaS solution has been engineered to seamlessly track the movement of a product by integrating with systems of all major stakeholders in a supply chain ranging from the raw materials to the hands of the end consumer. With a primary objective of onboarding new clients in 2021, SpotLite360 plans to explore innovative use cases for its proprietary stack of technologies which could transform logistics workflows in some of the world’s largest industries.

Spotlight

IoT is fundamentally reshaping the way enterprises execute business processes and the way we interact with the physical world. As companies move past the first wave of use cases in IoT, such as predictive maintenance, they are venturing off the beaten path, harnessing the power of sensor-enabled, real-world data to reimagine why, how, and where they deploy IoT-and, ultimately, how they make money from it. Lessons from these trailblazers illustrate that success lies in focusing not just on the technology, but more holistically, on a true transformation of the business.

Spotlight

IoT is fundamentally reshaping the way enterprises execute business processes and the way we interact with the physical world. As companies move past the first wave of use cases in IoT, such as predictive maintenance, they are venturing off the beaten path, harnessing the power of sensor-enabled, real-world data to reimagine why, how, and where they deploy IoT-and, ultimately, how they make money from it. Lessons from these trailblazers illustrate that success lies in focusing not just on the technology, but more holistically, on a true transformation of the business.

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