ShiftCarbon details US$5M engagement with solutions by stc; initial roll-out of Focused Footprint
Vancouver
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March 01, 2023 01:57 PM Eastern Standard Time
ShiftCarbon CEO Wayne Lloyd joined Proactive's Stephen Gunnion with details of the company's first revenue-generating engagement with Saudi Arabian tech giant solutions by stc.
The first phase of revenue from the project is estimated to be US$5 million, and Lloyd said there is potential for additional revenue in the form of a long-term supply of goods as the smart city becomes operational.
ShiftCarbon, an Internet of Things (IoT) platforms provider and innovator in end-to-end decarbonization solutions, has also announced it is rolling out its Focused Footprint tool for carbon emissions calculations in the marine industry. Lloyd told Proactive there is scope for Focused Footprint to be extended to other industries as they tackle their carbon emissions.
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