Dane Ralston, managing director; Jack Slater, head of technology; Stewart Carruth, director of operations

News

£1m deal to install IoT sensors in Scottish homes

7 July 2020

A £1m deal to install internet of things (IoT) sensors in thousands of homes in Scotland has been won by Scottish technology firm iOpt.

Backed by housebuilder Mactaggart & Mickel, iOpt will work with Renfrewshire Council to install the monitors in up to 2,400 social homes over four years to measure temperature, humidity and carbon dioxide levels in properties. 

The aim is for the sensors to provide early alerts on problems with ventilation and potential dampness.

The two-year project will begin when lockdown restrictions are eased, when sensors will be fitted into selected empty properties being prepared for new tenants, who will also be offered energy efficiency advice and guidance.

The initiative has £150,000 of support from the Scottish government’s “CanDo” Innovation Fund.

iOpt’s lead investor is Mactaggart & Mickel Investments, the investment arm of housebuilder Mactaggart & Mickel. Corporate investors include Scottish Investment Bank, the investment arm of Scottish Enterprise, plus a US IoT technology leader.

iOpt managing director Dane Ralston said: “We believe the contract with Renfrewshire Council has made IoT history and shows that Scotland is a world leader in the field.

“The technology we have developed is cost-effective, will deliver savings for local authorities at a time of financial uncertainty and help some of the most vulnerable tenants maintain a warm, healthy environment in their own home.

“More than ever, the world is changing at great pace, and we see remote asset monitoring of this kind as a key addition to any energy efficient home. To date, our studies have shown savings of approximately £190 per year per property.”

Minister for trade, investment and innovation Ivan McKee said: “During these unprecedented times it is hugely encouraging to see Scotland continue its proud tradition of world-leading innovation.

“iOpt’s pioneering IoT technology, being delivered in partnership with Renfrewshire Council, is a fantastic example of how innovation and collaboration can help people live healthy lives at home, supported by remote monitoring.”

Image: Dane Ralston, managing director; Jack Slater, head of technology; Stewart Carruth, director of operations