The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Quantify Technology Holdings has signed a Memorandum of Understanding (MOU) with Energy Trade to include the company’s products into Energy’s sales
  • Energy Trade is one of the largest embedded energy providers in NSW
  • Quantify’s smart home products will allow Energy to deliver a different and modern offering to its customer

Quantify Technology has signed a deal with Energy Trade to include the company’s products into Energy’s sales.

Energy Trade is an Australian owned and operated company based in New South Wales and is one of the largest embedded energy providers in NSW.

It specialises in delivering cost-effective embedded energy solutions for residential, commercial and industrial markets.

Energy delivers embedded energy networks, which allows residents and property owners to aggregate buying power in order to significantly reduce energy rates.

Quantify is an Australian pioneer of Truly Intelligent Buildings technology. Its smart home products are used in homes, offices and buildings.

The company has created easy to use, simple to install devices that save time and energy, at a price point that enables wide-scale adoption. Its products are designed to enhance the lives of the user.

Quantify’s automated light control and power outlet devices will enable Energy to deliver a different and modern offering to its customers.

Energy Trade has delivered embedded energy networks nationally and is one of the fastest growing embedded energy providers in Australia.

“This partnership will allow Quantify to reach Energy Trade’s new and existing customers, thus helping us to increase our market share and maximise sales nationally,” Quantify’s CEO Brett Savill said.

Under this agreement, Quantify will have potential to offer a more complete solution. Companies expect to explore other possibilities such as measuring and managing energy performance beyond the power meter.

“Energy Trade is an exciting business who we look forward to working with,” Brett added.

Energy Trade Managing Director Julian Duggan says that home automation is the future and Quantify are leading the charge.

“We look forward to promoting Quantify’s solution to our customers as a value-added option, which will assist to differentiate our offering,” he added.

Currently, the MOU is for six months and standard termination clauses exist on both sides.

QFY by the numbers
More From The Market Online