Australis Capital Inc., which operates as AUDACIOUS, said that its majority-owned subsidiary ALPS has entered into a partnership agreement with Priva, a leading technology company in the development and sales of hardware, software and data services in the field of climate control, energy-saving and optimal reuse of water.
The company said the partnership will focus on the joint marketing of ALPS' advanced compliance and maintenance service solution, APIS, across the global horticulture industry.
It noted that Priva is the world leader in environmental climate solutions for the horticulture sector, offering sustainable solutions that optimize climate control and yield savings in energy and water utilization.
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Priva operates 16 offices globally, has a presence in over 100 countries and a substantial installed customer base of over 12,000 projects. With this strong foundation, Australis said the partnership between ALPS and Priva is well-positioned to introduce the new APIS solution to a captive audience.
"Partnering with Priva will be transformational for our business as it significantly expands our market reach,” ALPS president Thomas Larssen said in a statement.
“Like us, Priva is an integral part of the horticulture industry, is incredibly well respected and has a global reach that is difficult to match. Partnering with Priva offers a significant opportunity for AUDACIOUS to accelerate the commercial roll-out of its APIS system. We believe this partnership should contribute to strong revenue growth for ALPS and AUDACIOUS,” he added.
Australis said the ALPS team of specialists created the APIS system to provide a highly advanced, industrial-level compliance and (predictive) maintenance service solution specifically focusing on greenhouses and other indoor controlled-environment agriculture operations.
APIS consists of a suite of tools and services designed to help achieve GMP compliance and greatly improve maintenance effectiveness, efficiencies, yield, and predictive modeling. It integrates with multiple greenhouse sub-systems and processes to deliver significant overall process improvements, generating a significant and sustainable return on investment for operators, the company added.
“Rather than adapt and use existing systems from varying industries and suppliers with no roots in our sector, we opted to build our APIS solution ourselves from the ground up,” explained Larssen.
“APIS meets the needs of today while ensuring operations are future proof. This truly is a system of the industry, by the industry and for the industry, and that's why interest is so high."
John van der Wilk, Priva’s vice president for strategic partnerships and business development, added: “Priva and ALPS are the gold standard in our respective segments of the horticulture value chain.
“With the partnership between Priva and ALPS, we can provide optimal compliance solutions, using our latest Priva cloud technology, integrated with the APIS software.”
Contact the author at stephen.gunnion@proactiveinvestors.com