Kontrol Technologies Enters Quebec Demand Response Energy Market

Kontrol Technologies Corp. | December 23, 2021

Kontrol Technologies Corp. a leader in smart buildings and cities through IoT, Cloud and SaaS technologies, is entering the Quebec demand response energy market for commercial and multi-residential buildings. The Company will leverage its SmartSuite technology to supply a best-in-class demand response management solution.

The demand response markets are growing rapidly across North America due to advancement of smart technologies, which utilities are increasingly leveraging for operating efficiency and resource allocation. Kontrol is offering a top tier solution through our SmartSuite technology, which has the ability to communicate with local utilities and either reduce power consumption or shut off power demand at the building and suite level, and seamlessly integrate into utilities’ grid management framework. We look forward to serving customers in the Quebec market in the near term, helping to facilitate utility grid optimization, energy conservation and greenhouse gas emission reduction.”

 Paul Ghezzi, CEO of Kontrol Technologies

SmartSuite Demand Response
Using Kontrol’s propriety Cloud and energy control system, the Company can integrate its SmartSuite solution with utilities that operate demand response programs through the use of APIs. Most demand response programs provide customer incentives that correlate to kilowatt hours of energy saved. Such incentives can reduce initial capital investment and accelerate adoption of energy savings technologies. Through its operating subsidiary, Hilo, Hydro Québec offers a demand response program which encourages buildings to participate in reducing energy consumption in peak demand periods.

Demand Response Market Size in North America
The Global Smart Demand Response Market size is predicted to reach USD 75.53 billion by 2030 with a CAGR of 14.2% from 2020-2030, according to Next Move Strategy Consulting. North America is anticipated to grow with the highest CAGR, attributable to factors including enhanced developments in smart technologies, high R&D investments, and high consumer awareness. According to Technavio, 59% of growth during the period from 2021-2025 is expected to originate from North America.

Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.


Cloud computing is bringing new opportunities and new challenges to IT. Learn how Microsoft can help transform your datacenter to take advantage of the vast possibilities of the cloud while leveraging your existing resources.


Cloud computing is bringing new opportunities and new challenges to IT. Learn how Microsoft can help transform your datacenter to take advantage of the vast possibilities of the cloud while leveraging your existing resources.

Related News

Volterra Named Cool Vendor in Cloud Computing in September 2020 by Gartner

Volterra | October 06, 2020

Volterra, an innovator in distributed cloud services, today announced it has been named a Cool Vendor in Cloud Computing in the September 2020 Cool Vendors in Cloud Computing report1 by Gartner. The report states “innovation in cloud computing continues to accelerate at a rapid pace in cloud infrastructure and platform services. CIOs should assess these Cool Vendors, who are disrupting the cloud market with their innovative approach in enabling operationalization of cloud-native platforms.” Enterprises and service providers are rapidly modernizing their application development through microservices and containers, as well as their deployment by distributing them across clusters and clouds. As cited in the report, “Gartner believes that in the future, cloud services will be more distributed beyond centralized cloud regions to different physical locations such as the data center and the edge. CIOs will increasingly leverage cloud-native platform services such as containers and serverless functions to modernize and build new applications.”

Read More


Consensus Cloud Solutions Delivers First e-Signature Solution Secured by Blockchain

Consensus Cloud Solutions, Inc. | December 07, 2021

Consensus Cloud Solutions, Inc. the developers of eFax®, a leading document transmission and data-exchange solution, announced today the launch of its new standalone, e-signature product called jSign. The solution enables customers to send signature requests and then secure, and electronically sign documents through a tamper-free, online interface built on blockchain technology. “We are excited to add jSign to our growing suite of information exchange solutions for businesses of all sizes The use of blockchain to address key e-signature components, such as audit-trails, and non-repudiation is an important innovation that will benefit our customers from multiple industries that require a secure, easy-to-use, e-signature product at an affordable price. Our first obligation is to the healthcare market, assisting providers, payers and caregivers to improve communications. In addition, because we deal with highly regulated organizations, much of what we offer can apply to document-reliant regulated industries such as legal, financial and manufacturing.” John Nebergall, Consensus Cloud Solutions’ Chief Operating Officer The early jSign customers have noted the ease of use and value pricing as a benefit. “It's so easy to use. I use it primarily for financial contracts for our patients. I love the ease of it, and many of our patients appreciate the convenience of signing electronically,” stated Amy Datwyler, Datwyler Orthodontics. With Consensus jSign you can embed e-signatures into workflows through Application Programming Interfaces and store documents in a number of assigned data repositories. As a cloud solution, signed documents can be stored in jSign or downloaded for offline archival. The use of blockchain provides the highest level of audit trails with time stamps to track documents; certificates of completion; as well as IP and signer address locations. The jSign blockchain also tracks items as specific as the types of devices and browsers used to sign each document. Additionally, two-factor authentication can be set up through a mobile number as an extra layer of security and identity validation. About Consensus Cloud Solutions, Inc. Consensus Cloud Solutions, Inc. started as a secure digital document transmission solution 25 years ago and has grown to be a global leader of digital cloud fax technology. The company leverages its technology heritage to provide secure solutions that transform simple digital documents into advanced healthcare standard HL7/FHIR, for secure data exchange, as well as multiple compliance-based documents requiring legal proof of signature. The technology utilizes Natural Language Processing and Artificial Intelligence (AI) to convert unstructured documents into meaningful structured data, which can easily be extracted to accelerate meaningful insights for better decision-making in multiple industries. The company’s suite of interoperability solutions offers a unified digital environment that optimizes workflows; provides real-time event notifications; on-demand patient query; direct secure messaging; universal APIs, jSign electronic signature; and eFax HITRUST CSF®

Read More


Device42 Declares About a Tool for Multi-Cloud Migration Analysis and Recommendation

Device42 | July 01, 2021

Due to the global pandemic in 2020, several organizations have considered shifting their workloads to the cloud. However, businesses still have challenges in identifying the means of migrating the workloads. The new product developed by the startup Device42 is all-geared to help the organizations in understanding their infrastructure. In addition, the product helps analyze your ecosystem and recommends the most cost-effective way to migrate to the cloud. According to Raj Jalan, the CEO and co-founder of Device 42, "The product uses machine learning to discover the best configuration. It supports four cloud vendors: AWS, Microsoft, Google, and Oracle plus VMware running on AWS." Jalan explains, "The new product is a multi-cloud migration and recommendation engine. Basically, along with our discovery tool, we have added machine learning technology to constantly update the cost to run the resources across multiple clouds, based on the existing resource utilization." This capability improves the organization's core competency of providing a resource map wherever they exist. It also considers the dependencies across the infrastructure, which is difficult for the organizations to understand. Jalan added, "Our focus is on hybrid infrastructure discovery and dependency mapping. The infrastructure can be on-prem, in colocation facilities or the cloud." Device42 customers can now see how all of the different parts of the infrastructure, including applications, work collaboratively. Jalan continues, "A tool that does everything together and also provides a thorough analysis on shifting from physical layer to the logical layer, is hard to find. Even the tools cannot help you find the position of your storage in the webserver." It is significant to note that this is not about managing resources or making any alterations to allocation. Instead, it is about understanding your entire infrastructure irrespective of its platform and analyzing the different parts' fitment. At the same time, the newest tool finds the most cost-effective way to migrate to the cloud from its current location. About Device42 Device42 has been operational since 2012 and has around 100 employees. In 2019, it raised about $38 million, including a $34 million Series A. It has not required outside investment, as Jalan reports. They are a cash-rich organization with "decent growth."

Read More