Skyfii signs contract with leading large format retail landlord – Home Consortium

KEY TAKEAWAYS:

• Three-year contract signed with Home Consortium (Home Co), Australia’s leading large-format retail landlord.
• Deployment of WiFi and people counting technology already completed across 23 retail centres.
• A further 18 retail centres planned for future deployment.
• Contract includes deployment of Skyfii’s ‘IO Platform’ services ‘IO Connect’ and ‘IO Insight’.

Skyfii Limited (ASX:SKF) (Skyfii or the Company) a data analytics and marketing services company, is pleased to announce that it has signed a three year contract with leading large format retail landlord, Home Co in Australia.

The contract includes the deployment of WiFi infrastructure and heat thermal people counting sensors across the Home Co portfolio, with 23 centres already having been deployed and a further 18 planned for future deployment (announced on an unnamed basis in the September 2018 quarterly report Q1 FY19).

Home Co acquired the Masters Home Improvement property portfolio late in 2016 and subsequently converted the properties into a portfolio of retail centres, offering an exciting new retail experience with convenient, value for money shopping, leisure and lifestyle services Australia wide.

Under the agreement, Home Co will have access to Skyfii’s ‘IO Connect’ (data collection) and ‘IO Insight’ (data analytics) products under its SaaS (software-as-a-service) recurring revenue platform. The products will be used by Home Co as a business critical reporting tool to assess asset and tenancy performance, with insights including but not limited to, people counting, shopper flows, dwell time and shopper profiling. In addition, the tools will also serve as an intelligence tool to help better understand customer behaviour, inform decision making regarding the customer experience and tenancy engagement.

John Rankin, Chief Operating Officer; Skyfii, commented “It is with great pleasure that we welcome Home Co as a client of Skyfii. The combination of our people counting solution and free WiFi service in centre for shoppers will allow Home Co to measure the performance of their expanding portfolio of retail centres. Having worked closely with the team, Skyfii is excited to be partnering with Home Co as they complete their rollout”.

This contract follows a number of other successful agreements by Skyfii within the Australian retail property sector, including ISPT, Scentre Group, the GPT Group, Mirvac, Aventus, Lewis Land Group and others. This contract reconfirms Skyfii’s position as the leading provider in data analytics and marketing services to the Australian and New Zealand retail property sector.

About Skyfii (ASX: SKF)

Skyfii helps physical venues measure, predict, and influence customer behaviour. As the world’s most trusted omnidata intelligence company, Skyfii analyses billions of data points each month, through the provision of its enterprise-grade analytics platform alongside data science and marketing services.

Skyfii (ASX:SKF) aims to responsibly use technology to positively affect relationships between people and the places they visit.

Register Interest