Menu
  • Home
  • London Exchange
  • Euronext
  • Australian Exchange
  • Wire
  • Contact Us
  • Business & Finance
NewsnReleases

FireAngel wins EU patent for predictive algorithm platform, Predict

Posted on February 5, 2020

FireAngel wins EU patent for predictive algorithm platform, Predict 1LONDON: FireAngel Safety Tech, Europe’s developer and supplier of home safety products, announced that FireAngel Predict, the Group’s predictive algorithm management information platform, has been granted a patent by the European Patent Office. 

This follows the successful grant of a patent awarded in both the USA and Australia.

Following a thorough examination process by the European Patent Office, this patent award gives FireAngel the exclusive right to exploit this technology in Europe.

The patent protects the key operating system required to deliver the functionality behind FireAngel Predict, the Company’s AI data analytics technology, which has the potential to avert domestic fires before they start by automatically analysing large amounts of historical data in the Cloud.

FireAngel Predict pinpoints properties where there is a higher risk of a fire which provides stakeholders within the housing sector a unique insight into the safety of the occupants and their property portfolio.  This is delivered seamlessly through online notifications, thereby protecting lives and homes and providing a compelling proposition to help fulfil the stakeholders’ duty of care.

In addition, the Company announced the launch of its FireAngel Pro Connected B2C platform which is currently available from Amazon, Screwfix and Toolstation. The FireAngel Pro Connected gateway connects directly to the FireAngel Pro Connected range of domestic safety products and utilises the unique data analytics provided by FireAngel PredictTM.

Commenting, John Conoley, Executive Chairman of FireAngel, said: “FireAngel PredictTM is a unique capability in this market.   We are pleased to have been granted the European patent for it which opens a whole new market for us to target.  Our launch of the FireAngel Pro Connected B2C app, and the B2B trial installations, allied to the sharply growing market awareness of the need proactively to manage fire risks and safety, mean that the Company has finally reached the start line of an exciting future.  We look forward to the rest of 2020 and beyond.”

Edited by Nayyar Iqbal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Track all markets on TradingView

Investing.com .

Site Navigation

  • Home
  • Listed Companies
  • Contact Us
  • London Stock Exchange
  • Singapore Exchange
  • Canadian Exchange
  • Australian Exchange
  • Oslo Bourse
  • PSX
  • Ratings
  • Euronext
  • MENA
  • Nasdaq Nordic
  • Wire
  • Business & Finance
  • Gadget Reviews
  • About Us: A Comprehensive Financial News Database

All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

Listed Companies

Equity Markets and Stock Exchanges

NNR

©2025 NewsnReleases | WordPress Theme by Superb WordPress Themes