Carl Data Solutions Inc.'s Profile

Carl Data Solutions is an Industrial IoT (IIoT) and Big Data as a Service (BDaaS) company that provides next-generation collection, storage, and analytics solutions for data-centric organizations.

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Carl Data Solutions hires Microsoft and Gartner alumnus as Vice President Environmental Monitoring as a Service (EMaaS) Sales to build revenue...
AGORACOM Administrator
September 07
Carl Data Solutions Inc.
Symbol
CRL
Exchange
CSE
Shares
126,424,783 as of 03/31/2021
Industry
Internet of Things
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Carl Data Solutions Inc.'s Bulletin

Carl Data Solutions Inc.'s CEO Jean Charles Phaneuf is profiled in the Spring Edition of Polytechnique Montreal Magazine, where he graduated in the class of 1989 in industrial engineering.  Following is a Google Translated and abridged version of the article, which was originally published in French: It was at Polytechnique that he "drank the milk of technological innovation," says Jean Charles Phaneuf, an executive who specializes in strategic partnerships, mergers and acquisitions, intellectual property, innovation management and entrepreneurship. The industrial engineering graduate has recently taken the reins of Carl Data Solutions, a British Columbia-based Industrial Internet of Things (IIoT) and Big Data company. PROACTIVITY, THE KEY ATTITUDE TO SUCCESS “I acquired a taste for innovation during my engineering studies and especially from my teacher and mentor Roger A. Blais. At the time, he was the innovation champion at Polytechnique. He taught me the foresight approach and the importance of proactivity. It has served me all my life," says Phaneuf.   His proactivity - some would say daring - is also evident in the way he builds his career. Thus, his appointment to CEO of Carl Data Solutions last January was not the result of a classic hiring process: while he was managing a company developing cryptographic solutions for securing communications, he felt the need to take a break and learn more about artificial intelligence. He took a few months to complete training in the field, offered by MIT, after which he methodically listed the technology companies active in the sphere of artificial intelligence. Carl Data Solutions caught his attention in particular. However, the company was not looking for a new leader. “I took advantage of a fishing trip in British Columbia to go and introduce myself to management. Then, in the fall, I returned to work on a strategic plan that I submitted to the Carl Data Solutions Board of Directors just before Christmas. The reception of the plan was excellent, to the point that the founder gave me his position as CEO that I have officially held since January 12," reports Mr. Phaneuf. DATA FOR MANY SECTORS Carl Data Solutions operates in the sphere of the Industrial Internet of Things and offers a platform of solutions based on the exploitation of big data for the collection, storage and analysis of next generation data. The ability to manage the temporal component of data and exploit it with artificial intelligence is one of Carl Data Solutions' great strengths. The company has made its mark in particular in the exploitation of sensor networks for the monitoring of watercourses, pipelines and dams, as well as the monitoring of industrial and municipal waste treatment equipment, in addition to the development of applications for water management systems. Mr. Phaneuf's strategic vision is to offer this platform to more diverse clienteles. “We make our platform accessible to engineering firms or specialized SMEs that rarely have the resources to acquire or operate AI systems that would allow them to offer new services to their customers. Over the next few months, I hope that these companies will be able to exploit their know-how by carrying out their own implementations with the languages ​​that we support, either Python, Julia or R for the moment. We are also opening up to new sectors ... I would say that our platform empowers professionals in various industries to make the best possible decisions based on data science. And we are good at time series data. " INNOVATION = A STATE OF MIND Lacking a vision of innovation condemns a company, believes Mr. Phaneuf, who cites as an example the bankruptcy of the firm Kodak, which nevertheless had everything to go digital. “Obviously, innovating requires managerial courage. Kodak continued to do what people didn't want anymore… It couldn't question itself and get out of its comfort zone! Still too many organizations are content to appoint a vice-president of innovation. They do not understand that innovation is transversal and that they should infuse it in all their activities, and not just in their products or services." “We sometimes confuse invention and innovation, but it's different,” he continues. To invent is to create something completely new. It is a flash of genius. It must be admitted that the occasion is quite rare. Moreover, if an invention does not find a suitable ecosystem, its impact will be minimal. To innovate, on the other hand, is to combine things that already exist in new ways. Above all, it is a turn of mind, which pushes to be attentive to emerging trends, customer needs and environments. Innovating also requires being open to collaboration, to the sharing of expertise and ideas. I was able to observe it in Silicon Valley, where I lived for some time. I really think it's by sharing ideas, by co-creating, that we generate the most wealth. The greatest successes are collective. " A leader who possesses this spirit of innovation can rally the best employees, adds Mr. Phaneuf. Millennials in particular are looking for organizations that allow them to spread their wings, that cultivate their potential and their energy, he says. Their leader must make decisions that are rationally justifiable and aligned with their values. The engineer in him is delighted that the accelerated transformation of companies driven by digital technologies is putting engineers back in the spotlight. “In recent decades, lawyers and accountants have taken the limelight in business. Today, a good leader must be able to conceptually understand how technologies work. However, the cogs of technological innovation are naturally the engineers who master them best. "The link for this story in its original French is here: https://bit.ly/2TEUpEV.  For further information please contact:Nathan Rudyk,Director, Corporate Communicationsnathan@carlsolutions.com+1 778 200 2093Carl Data Solutions Inc.
VANCOUVER, BC , May 31, 2021 - Carl Data Solutions Inc. (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) ("Carl Data Solutions" or the "Company"), a leader in monitoring, reporting, and data modeling applications for municipal and industrial infrastructure customers, today released its financial results and operational highlights for its quarter ended March 31, 2021 . The Company serves municipal infrastructure customers including the City of Los Angeles , the City of Toronto and industrial infrastructure customers such as Teck Resources Ltd. It also sells its solutions through integration partners like AECOM and Kerr Wood Leidal Associates Ltd. These partners and customers count on Carl Data Solutions to collect, cleanse, organize, store and analyze time-series data in mission-critical applications like Environmental Monitoring as a Service ("EMaaS") for water treatment and air quality. Mastering time-series data not only avoids costly downtime in large-scale infrastructure operations, but also allows customers to take advantage of predictive and prescriptive analytics on processes or forecasted events to optimize outcomes and mitigate risks. Financial highlights for the third quarter ended March 31, 2021 On February 12 Carl Data Solutions announced an oversubscribed private placement (the "Private Placement") of $5,601,288 , a $2,000,000 Line of Credit and $250,000 in Convertible Debentures. As a result of the Private Placement, the Company's Q3 cash position increased 1100% over the previous quarter to $3,532,293 , without using its Line of Credit. Corporate debt of $1,163,000 was eliminated through settlement with Private Placement units priced at $0.15 each. The Company recognized a $1,775,000 loss which related to the difference in price for the settlement of this corporate debt. At the closing of the Private Placement on February 11, 2021 , common shares in the capital of the Company (each a "Share") closed at $0.38 per Share on the Canadian Securities Exchange. The Company subsequently recognized a Q3 comprehensive loss of $2,857,200 . The Company generated quarterly revenue of $603,676 , 10.4% less than the previous quarter and 4.4% less than the same quarter the prior year. Operational highlights for the quarter On January 12 , Carl Data Solutions announced Jean Charles Phaneuf as its new Chief Executive Officer. In connection with Phaneuf's appointment, Greg Johnston , the Company's former CEO, current President and Director, was appointed Chairman. On March 3 , the Company announced it had partnered with AGORACOM, a leading market platform that connects investors with public companies. On March 4 , Phaneuf welcomed senior executives in business development, product development, marketing and communications to bolster the existing and outstanding corporate team at Carl Data Solutions. On March 23 , Carl Data Solutions announced a preferred supplier partnership with Smart IoT Technologies Inc. Smart IoT Technologies manufactures high-quality, custom sensors used for infrastructure-related Big Data as a Service (BDaaS) collection applications. Management commentary Carl Data Solutions' CEO Jean Charles Phaneuf stated, "Carl Data Solutions is at the nexus of what Deloitte Global calls The Big Four of Industry 4.0 technologies: Internet of Things, Artificial Intelligence, Big Data/Analytics and Cloud Infrastructure. Our FlowWorks application is proven in mission-critical municipal and industrial infrastructure operations across North America . The financial and human capital is now in place to scale our technology, capture new market verticals and build revenues over the next 12 months. I want to thank our investors and our entire corporate team for their faith in our ability to energize this excellent opportunity." About Carl Data Solutions Inc. Carl Data Solutions Inc. is an Industrial Internet of Things (IIoT) and Big Data as a Service (BDaaS) company that is a leader in monitoring, reporting, and data modeling applications for municipal and industrial infrastructure customers. The Company provides next-generation collection, storage, and analytics solutions for data-centric organizations. Through its subsidiaries FlowWorks Inc. and Astra Smart Systems Corp., Carl Data Solutions helps customers analyze and model environmental data through a robust end-to-end network of custom sensor arrays combined with SaaS-based monitoring, reporting and predictive modeling applications. Carl Data Solutions works with cloud-based mass storage services and Artificial Intelligence (AI) Machine Learning (ML) analytical tools to provide the scalability required to effectively monitor vast amounts of data collected by its customers. The Company's solutions save customers time and money by aggregating information from any sensor or source to create a real-time data-driven decision support system with deep insights into protecting critical infrastructure and assets. More information can be found at www.CarlSolutions.com . The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release. This press release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information is based on certain key expectations and assumptions made by the management of Carl Data Solutions, including the expectation of future higher growth. Although the Corporation believes that the expectations and assumptions upon which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can provide no assurance that they will prove to be correct. Any forward-looking statements contained in this press release are made as of the date of this press release. The Corporation disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
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  Carl Data Solutions hires veteran software marketing executive and technology journalist as Director, Corporate Communications to build IR and PR impact VANCOUVER, BC, May 11, 2021 /CNW/ - Carl Data Solutions Inc. (CSE: CRL) (FSE:7C5) (OTC: CDTAF) ("Carl Data Solutions") CEO Jean-Charles Phaneuf has bolstered his leadership team with the addition of Nathan Rudyk as Director, Corporate Communications. "Nathan's well-honed Investor Relations and Public Relations expertise will bring a higher level of clarity and immediacy to our shareholder and customer-facing communications. His business journalism background also lends credibility to faithfully report our progress." Rudyk has held senior corporate communications and business development roles at large public companies including Nurun Inc. and Xerox Canada Inc. He has also worked as VP Marketing in venture-backed and small cap public companies like data analysis software firm Databeacon Inc. (acquired by Cognos Inc.) and Industrial Internet of Things (IIoT) software firm Memex Inc. As a startup entrepreneur he was President and co-founder of digital marketing agency digIT Interactive Inc. (acquired by Quebecor's Nurun Inc.) Through his consulting firm, market2world communications inc. Rudyk has served regional, national and international Foreign Direct Investment (FDI) and entrepreneurial ecosystem clients including Invest Ottawa, CENGN, Launch Lab, Startup Canada, Consider Canada City Alliance, and the Intelligent Community Forum. Rudyk has enjoyed a parallel career as a business writer who started as a freelance technology reporter at publications including the Globe and Mail, ComputerWorld, and ITWorldCanada. He has contributed commentary to CTV's TechNow program and served as an Internet Columnist for CBC Radio's Ottawa Morning show. He co-founded Canada's first technology business podcast, OCRIRadio.com and contributed chapters to The Entrepreneurial Effect (Invenire), and Marketing Masters: The Best Ideas Tips & Strategies From Canada's savviest Marketeers (Wiley). "I'm excited to work with the leadership team at Carl Data Solutions," said Rudyk. "This company is ideally situated at the nexus of technology megatrends like Artificial Intelligence, Machine Learning, Industrial Internet of Things, Big Data/Analytics and Cloud Infrastructure. With proven technology that lowers costs and mitigates risks for Smart City and industrial infrastructure customers. I believe Carl Data Solutions is poised for rapid growth." About Carl Data Solutions Inc. Carl Data Solutions Inc. is an Industrial IoT (IIoT) and Big Data as a Service (BDaaS) company that provides next-generation collection, storage, and analytics solutions for data-centric organizations. Through its subsidiaries Astra Smart Systems Corp. and FlowWorks Inc., Carl Data Solutions helps clients analyze and model environmental data through a robust end-to-end network of custom sensor arrays combined with SaaS-based monitoring, reporting, and predictive modeling applications. Carl Data Solutions works with new cloud-based mass storage services and machine learning (AI) analytical tools to provide the scalability required to effectively monitor vast amounts of data collected by both government and industrial customers. The Company's software solutions save customers time and money by aggregating information from any sensor or source to create a real-time decision support system with deep insights into protecting infrastructure and assets. More information can be found at www.CarlSolutions.com. The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release. This press release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information is based on certain key expectations and assumptions made by the management of Carl Data Solutions, including the expectation of a higher level of clarity in communications and future higher growth. Although Carl Data Solutions believes that the expectations and assumptions upon which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Carl Data Solutions can provide no assurance that they will prove to be correct. Any forward-looking statements contained in this press release are made as of the date of this press release. Carl Data Solutions disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.