SIMPPLE Ltd. Announces Joint Venture with Evolve Consulting ApS, Yielding Mobilisation of First A.I.-Driven Facility Management Platform Integrating Global ESG Compliance Functionality
SIMPPLE (NASDAQ: SPPL) has announced a significant joint venture with Denmark's Evolve Consulting ApS, launching paid trials of SIMPPLE-Evolve, the first AI-driven facility management platform that combines smart building automation with global compliance capabilities. The platform integrates SIMPPLE's building automation features with Evolve's E-V-E AI regulatory compliance system, ensuring adherence to ESG standards and cybersecurity frameworks.
The platform is currently being tested in Germany, Singapore, Australia, and the U.S., with expected initial sales in the near future. Market research suggests strong growth potential, with the global compliance management software market projected to reach $75.8 billion by 2031, growing at a 10.9% CAGR. The companies will host informative webinars on November 26-27, 2024, to showcase the platform's capabilities.
SIMPPLE (NASDAQ: SPPL) ha annunciato un'importante joint venture con la danese Evolve Consulting ApS, lanciando prove a pagamento di SIMPPLE-Evolve, la prima piattaforma di gestione delle strutture guidata dall'IA che combina l'automazione degli edifici intelligenti con le capacità di conformità globale. La piattaforma integra le funzionalità di automazione degli edifici di SIMPPLE con il sistema di conformità normativa AI E-V-E di Evolve, garantendo l'aderenza agli standard ESG e ai framework di cybersecurity.
Attualmente, la piattaforma è in fase di test in Germania, Singapore, Australia e Stati Uniti., con vendite iniziali previste nel prossimo futuro. Le ricerche di mercato suggeriscono un forte potenziale di crescita, con il mercato globale del software di gestione della conformità che dovrebbe raggiungere $75,8 miliardi entro il 2031, con una crescita del 10,9% CAGR. Le aziende organizzeranno webinar informativi il 26-27 novembre 2024, per mostrare le capacità della piattaforma.
SIMPPLE (NASDAQ: SPPL) ha anunciado una importante empresa conjunta con la danesa Evolve Consulting ApS, lanzando pruebas pagadas de SIMPPLE-Evolve, la primera plataforma de gestión de instalaciones impulsada por IA que combina la automatización de edificios inteligentes con capacidades de cumplimiento global. La plataforma integra las características de automatización de edificios de SIMPPLE con el sistema de cumplimiento normativo AI E-V-E de Evolve, asegurando el cumplimiento de los estándares ESG y los marcos de ciberseguridad.
La plataforma se está probando actualmente en Alemania, Singapur, Australia y EE. UU., con ventas iniciales esperadas en un futuro cercano. La investigación de mercado sugiere un fuerte potencial de crecimiento, con el mercado global de software de gestión de cumplimiento proyectado para alcanzar $75.8 mil millones para 2031, creciendo a una tasa compuesta anual del 10.9%. Las empresas organizarán seminarios web informativos el 26-27 de noviembre de 2024, para mostrar las capacidades de la plataforma.
SIMPPLE (NASDAQ: SPPL)는 덴마크의 Evolve Consulting ApS와 중요한 합작 투자를 발표하며, 스마트 빌딩 자동화와 글로벌 컴플라이언스 기능을 결합한 최초의 AI 기반 시설 관리 플랫폼인 SIMPPLE-Evolve의 유료 시험을 출시했습니다. 이 플랫폼은 SIMPPLE의 빌딩 자동화 기능과 Evolve의 E-V-E AI 규제 준수 시스템을 통합하여 ESG 표준 및 사이버 보안 프레임워크를 준수하도록 보장합니다.
현재 이 플랫폼은 독일, 싱가포르, 호주 및 미국에서 테스트 중이며, 가까운 미래에 초기 매출이 예상됩니다. 시장 조사에 따르면, 글로벌 컴플라이언스 관리 소프트웨어 시장은 2031년까지 758억 달러에 이를 것으로 예상되며, 연평균 10.9% 성장할 것으로 보입니다. 두 회사는 2024년 11월 26-27일에 플랫폼의 기능을 보여주기 위한 정보 세미나를 개최할 예정입니다.
SIMPPLE (NASDAQ: SPPL) a annoncé une joint venture significative avec la danoise Evolve Consulting ApS, lançant des essais payants de SIMPPLE-Evolve, la première plateforme de gestion des installations pilotée par IA qui allie automatisation des bâtiments intelligents et capacités de conformité mondiale. La plateforme intègre les fonctionnalités d'automatisation des bâtiments de SIMPPLE avec le système de conformité réglementaire AI E-V-E d'Evolve, garantissant le respect des normes ESG et des cadres de cybersécurité.
La plateforme est actuellement testée en Allemagne, Singapour, Australie et États-Unis, avec des ventes initiales attendues dans un avenir proche. Les recherches de marché suggèrent un fort potentiel de croissance, avec un marché mondial des logiciels de gestion de la conformité prévu pour atteindre 75,8 milliards de dollars d'ici 2031, avec un taux de croissance annuel composé de 10,9%. Les entreprises organiseront des webinaires informatifs les 26 et 27 novembre 2024 pour présenter les capacités de la plateforme.
SIMPPLE (NASDAQ: SPPL) hat eine bedeutende Zusammenarbeit mit der dänischen Evolve Consulting ApS angekündigt und startet bezahlte Tests von SIMPPLE-Evolve, der ersten KI-gesteuerten Plattform für das Facility Management, die intelligente Gebäudeautomation mit globalen Compliance-Funktionen kombiniert. Die Plattform integriert die Gebäudeautomationsfunktionen von SIMPPLE mit Evolves E-V-E KI-Regulierungssystem und stellt sicher, dass die ESG-Standards und Cybersicherheitsrahmen eingehalten werden.
Die Plattform wird derzeit in Deutschland, Singapur, Australien und den USA getestet, mit erwarteten ersten Verkäufen in naher Zukunft. Marktforschung deutet auf ein starkes Wachstumspotenzial hin, wobei der globale Markt für Compliance-Management-Software voraussichtlich bis 2031 75,8 Milliarden Dollar erreichen wird, mit einer jährlichen Wachstumsrate von 10,9%. Die Unternehmen werden am 26. und 27. November 2024 informative Webinare veranstalten, um die Funktionen der Plattform zu präsentieren.
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Singapore, Nov. 12, 2024 (GLOBE NEWSWIRE) -- SIMPPLE Ltd. (NASDAQ: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the integrated facilities management sector, today announced it had commenced paid trials of the first platform successfully merging a full menu of smart building automation functions with a diverse array of global compliance capabilities.
The platform, developed via a confidential joint venture between SIMPPLE and Denmark-based consulting and technology firm Evolve Consulting ApS, is currently being demonstrated in paid trials to potential clients across Germany, Singapore, Australia, and the U.S., and is expected to produce initial sales in those nations “in the near future.”
Branded as SIMPPLE-Evolve, the platform integrates SIMPPLE’s smart building automation capabilities such as attendance tracking, task management, audits, learning management systems, asset management, and sustainability management, with Evolve’s E-V-E A.I. regulatory compliance system. This system swiftly automates compliance assessments for building owners and building service contractors and ensures their adherence to the latest ESG standards in Europe as well as to emerging global ESG frameworks. E-V-E A.I. also supports various globally recognized standards including ISO 27001 for information security and the NIST (National Institute of Standards and Technology) frameworks for cybersecurity.
Together, the two systems will form SIMPPLE-Evolve, a single, customised A.I.-driven facility management platform that seamlessly integrates building service personnel with IoT devices, robotics, and compliance functions, thereby significantly maximizing operational efficiency and achieving regulatory compliance across diverse global regions.
SIMPPLE-Evolve also features enhanced visibility via easy-to-use dashboards and drill-down capabilities for easy evaluation of performance metrics at local, regional, and global levels.
Several independent research reports project that the global compliance management software market will grow at robust rates over the next decade. One such study, published in May 2024 by Verified Market Research, estimated this market will grow at a
"This partnership with Evolve will not only allow SIMPPLE to meaningly expand our own A.I. footprint, but also give us access to the lucrative global facility compliance market,” said SIMPPLE chief executive officer Norman Schroeder. “Both, we believe, are likely to provide significant incremental revenue to SIMPPLE going forward.”
Evolve co-CEO Anders Søborg added, "We are excited to integrate our E-V-E A.I. system with SIMPPLE’s offerings to bring state-of-the-art automation to the facility management industry. This joint venture, we believe, will bring unmatched efficiency, sustainability, digitalization, and speed to the global market, and highlight both our companies' commitment to leveraging advanced A.I. for facility management innovation."
To provide more information on the SIMPPLE-Evolve Platform, the two companies will be hosting exclusive webinars covering the joint venture's offerings and how the new platform can simplify compliance with ESG and information security standards. Interested parties can register for their webinar of choice, or both, in the respective timeslot(s) listed in the table below:
About SIMPPLE LTD.
Headquartered in Singapore, SIMPPLE LTD. is an advanced technology solution provider in the emerging PropTech space, focused on helping facilities owners and managers manage facilities autonomously. Founded in 2016, the Company has a strong foothold in the Singapore facilities management market, serving over 60 clients in both the public and private sectors and extending out of Singapore into Australia and the Middle East. The Company has developed its proprietary SIMPPLE Ecosystem, to create an automated workforce management tool for building maintenance, surveillance and cleaning comprised of a mix of software and hardware solutions such as robotics (both cleaning and security) and Internet-of-Things ("IoT") devices.
For more information on SIMPPLE, please visit: https://www.simpple.ai
About Evolve Consulting ApS
Evolve Consulting ApS helps companies with CSRD compliance and sustainability reporting through its revolutionary advanced A.I. tool – E-V-E, that simplifies complex regulatory requirements, allowing businesses to focus on their core operations while ensuring comprehensive compliance with the latest EFRAG guidelines. The company’s mission is to streamline and reduce risk management and compliance burdens, enabling organizations to enhance their risk and compliance credentials effectively. With our cutting-edge technology, we aim to transform compliance from a daunting task into a seamless, efficient process. Designed to automate document scanning and compliance checking, E-V-E provides intuitive dashboards for easy management and tracking, and reduce review and audit times significantly, saving valuable resources.
For more information on Evolve Consulting ApS, please visit: https://evolveconsulting.dk/
Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.
Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
For investor and media queries, please contact:
SIMPPLE LTD.
Investor Relations Department
Website: www.investor.simpple.ai
Email: ir@simpple.ai
For sales queries, please contact:
Europe and Middle East regions:
Mr. Anders Søborg
Co-CEO, Evolve Consulting ApS
Email: ans@evolvesolutions.ai
Phone: +45 41450830
Asia Pacific and USA regions:
Mr. Greg Crisp
Director of Sales, SIMPPLE Australia Pty Ltd
Email: gregcrisp@simpple.ai
Phone: +61 477320133
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, NY 10036
Tel: (646) 893-5835
Email: info@skylineccg.com
Attachments
- Webinar on November 26, 2024: Explore the world of possibilities with E-V-E A.I. to streamline your compliance processes
- Webinar on November 27, 2024: Elevate your sustainability strategy through A.I. in Facilities Management and ESG Reporting
FAQ
What is the SIMPPLE-Evolve platform announced by SPPL in November 2024?
In which countries is SPPL conducting paid trials for the SIMPPLE-Evolve platform?
What is the projected market size for compliance management software by 2031 according to SPPL's announcement?
When are the SIMPPLE-Evolve platform webinars scheduled for potential clients?
