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Jul 5, 2016 11:43 EDT

Arkados Group, Inc., through its subsidiaries, is a global provider of scalable and interoperable Internet of Things solutions focused on industrial automation and energy management, with specific applications for building and machine automation.

iCrowdNewswire - Jul 5, 2016

Arkados Group, Inc. Logo



Arkados Group, Inc.



Newark, NJ 07103, US
Web Service Software




Arkados Group, Inc., through its subsidiaries, is a global provider of scalable and interoperable Internet of Things solutions focused on industrial automation and energy management, with specific applications for building and machine automation.

Arkados, Inc., our technology subsidiary, has developed the Arktic™ software platform, a scalable and interoperable cloud-based system for sensing, gathering, storing, analyzing data as well as reporting critical information and implementing command and control. Our applications currently focus on measurement and verification and predictive analytics and are expanding to include building and city automation. Our software platform and applications are implemented with hardware products, such as gateways, sensors and cameras, of our strategic partner, Tatung Company. Arkados Energy Solutions, our services subsidiary, is a general contractor providing energy conservation services to commercial building owners and managers. These services include energy assessments, LED lighting retrofits, oil-to-natural gas boiler conversions and solar PV system installations. The companies combine to provide solutions to building owners that increase return on investment, reduce operational cost and save energy.

Aside from our strategic partnership with Tatung, a large Taiwan-based manufacturer of commercial and industrial electonics products, our core strengths lie in an experienced management team, growing, high margin revenue, access to top-tier customers, valuable channel and OEM partners, and an opportunity to immediately distribute and monetize our proprietary intellectual property.

Our corporate strategy is to utilize our open software platform to work with Tatung to create applications that save energy, lower operating costs and increase productivity. Our initial applications are used for Measurement and Verification and Predictive Maintenance. Future applications include Smart Building and Smart Surveillance.



Products / Services

Arktic Software Platform

The Arktic™ software platform is a secure, scalable and interoperable system designed for industrial applications, such as smart machines, smart buildings and smart cities.

Smart Factory Application: a cloud- and local server-based software system designed to easily integrate with various types of electronic products and equipment, gather and store usage data from them and generates reports and rules-based alerts for measurement and verification and predictive analytics.
Smart Building Application: local gateway, power meter and CTs used to gather energy consumption data in real time and provide measurement and verification information for energy conservation measures.
Predicitve Analytics: gateway and sensor solution to measure performance of machines and gather usage data in real time, with a rules engine to generate alerts that predict potential machine failure.



Chief Executive Officer
Terrence DeFranco

Terrence DeFranco is Chief Executive Officer and Chairman of Arkados Group, Inc. Mr. DeFranco is also the Managing Member of Gary Lee Company, LLC, a corporate consulting firm focused on providing strategic advisory services to boards of directors of public companies. Previously, Mr. DeFranco was Chief Executive Officer of Edentify, Inc., an identity management software company. Mr. DeFranco’s background is primarily in the area of corporate finance, management and capital raising, previously serving as head of investment banking for Baird, Patrick & Co., Inc., a 70-year old NYSE Member firm and head of investment banking and founding partner of Burlington Securities Corp., a New York-based investment banking and institutional equity trading firm. Mr. DeFranco began his Wall Street career at UBS in 1991 and is a graduate of the University of North Carolina, Chapel Hill.

Chief Information Officer
Cem (Jim) Alptekin

Cem Alptekin is the Chief Information Officer for Arkados Energy Solutions. Mr. Alptekin brings to the team over 26 years of engineering and management experience working in utility, construction, and energy service sectors. Previously, Mr. Alptekin was Supervising Engineer for KeySpan, Inc., responsible for managing Red Hook, Brooklyn National Gas Distribution Operations . Mr. Alptekin founded several companies, including MyGrid Energy, Inc. an energy Service Company servicing the territories of National Grid and Con Edison, which he sold to CCI Energy Solutions, LLC, where he assumed the position of Director of Engineering responsible for all aspects of engineering, design and analysis for projects which include Combined Cooling, Heat and Power (CCHP), battery storage, commercial boiler replacement and conversion to natural gas, utility infrastructure, and HVAC infrastructure. Mr. Alptekin holds a Bachelor of Science degree in Mechanical Engineering from Lehigh University.

Director Research & Development
Dr. Kuna-Ting (Tim) Lai

Dr. Kuan-Ting (Tim) Lai currently serves as Director of Research and Development for Arkados, Inc. Kuan-Ting is a computer vision researcher with product management experience in Taiwanese ODM companies. His research focuses on machine learning algorithms for large-scale video event detection and human action recognition. During 2012-2013, Kuan-Ting visited Columbia University in New York City and participated in several important projects. He co-developed a video event detection system with IBM T. J. Watson Research Center, and built a graph-based system for brain signal image search in a subproject of DARPA. The research results have been published on top conferences such as CVPR and ECCV. Before pursuing his PhD, Kuan-Ting started his career in Quanta Computer as a video processing ASIC designer and participated in the development of a H.264 video encoding IC certified by Skype.

Chief Strategic Affairs
Michael Davies, CFA

Mike Davies, CFA, is currently Chief Strategy Officer of Arkados Energy Solutions. Mr. Davies is a proven and skilled analyst and business strategist with over two decades of experience in financial and data analysis and 8 years of experience applying it to the energy sector through his firm, Green Econometrics. Mr. Davies has applied his skills to formulating energy efficiency strategies for commercial and municipal organizations, helping glean more useful insights from data gathered through sensing capabilities. From 1993 to 2007, Mr. Davies was a research analyst covering technology, software and semiconductor companies for various firms including Punk Ziegel, Ladenberg Thalmann and Investec. Mr. Davies has published numerous reports and articles on advanced analytics, holds a BA in Economics from Columbia University, an MBA from University of California and is a Chartered Financial Analyst (CFA).




Prior Year Revenue Current Year Revenue Next Year Revenue


Company Age Employees Sub-Industry
3 years, 5 months 8 Manufacturing & Industrial Software


Company Type Stock Exchange Stock Symbol
Publicly-Traded OTCMKTS AKDS








Contact Information:

Michael Davies

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