So there's a great article on Vivid Technology dated April 24,...

So there's a great article on Vivid Technology dated April 24, 2017. It has an accompanying audio interview which I've just finished listening too. Highly recommend it.

https://theconstantinvestor.com/turning-off-lights-goes-beyond-saving-money-creating-profit/

I'll reference some excerpts, and leave the rest of it for the small handful of posters actually interested in this company to review in their own time (yes - all five of you apparently)

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"It’s April the 12th 2017, I’m Alan Kohler at the Constant Investor dot com, and I’m about to speak to Sam Marks, the CEO of Vivid Technology, in which I’m an investor." [verce's comment: Good to know Alan sees value in VIV as well - how many penny stocks can claim investors of that caliber?]

"The technology is made up of various different sensors. So we effectively get about 86 pieces of data per second out of every light fitting. So we are able to monitor where and when people are going, on behalf of the customer, to only put the light where they need it, when they need it. So it’s really looking at saving any which way we can, to just give them the light they need."

"We can use a different array of sensors. Usually we will put in a daylight sensor. We can measure the daylight coming in to the space. We will have motion sensors, so we can understand where the forklifts are going, where the people are going, so that we can actually ensure that they have the light they need."

"We can have temperature sensors. Infrared. The list goes on. There is no shortage of type of sensors. It depends on what the facility is used for. By the data coming through from those sensors, we can then measure and manage how much light we actually put out, which is only the amount required by the customer, so that we are not using more light than we need. And so the lights are turned off when they are not required. And hence why we start to get fairly deep savings for our customers."