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ARC DOCUMENT SOLUTIONS, INC.

(ARC)
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ARC Document : Facilities Announces Two New U.S. Patents

01/15/2021 | 01:30pm EDT

Breakthrough in file synchronization and data management improves access to critical building information for professionals in the facilities management industry.

SAN RAMON, CA - (January 15, 2021) - ARC Facilities, a leading technology company in the built space, today announced that the United States Patent and Trademark Office (USPTO) has allowed two patents that are directed to systems and methods for optimizing data transfers and synchronization of information, both processes that enable ARC Facilities' solution for accessing critical building information.

The newly allowed patents reflect the innovative nature of ARC Facilities technology, which extracts building intelligence from construction plans without human intervention and delivers it to facilities professionals on demand through mobile devices. Such information has historically been cumbersome to retrieve since it is most often stored in hard copy documents in centralized repositories or on outdated desktop systems. Instant access to critical building information on mobile devices transforms facilities management in every vertical including healthcare, education, public utilities and commercial real estate.

The ARC Facilities technology team, led by Chief Technology Officer Rahul Roy, created the new developments behind the patents.

'The technology is built around two specific segments that addresses the efficiency and handling of large data sets used to manage buildings, campuses, hospitals and other facilities,' said Mr. Roy. 'Our customers are often working far away from stable digital infrastructure, using networks that are often constrained or even intermittent. The IP we developed makes digital transfers and synchronization more adaptable when consistent bandwidth is compromised.'

Facilities professionals often work in multiple buildings, sometimes across large campuses, school districts, towns or even large geographical regions. Lack of immediate access to critical building information is often cited as the cause for delays to maintenance schedules and important repairs, as well as for allowing simple accidents to become catastrophes.

'Decades of experience in distributing construction documents and managing building information has allowed Rahul and our R&D team to develop technology that transforms how building information is accessed,' said CEO, Suri Suriyakumar. 'With a system that is intelligent enough to augment expertise, able to learn what information is most important and offer it on demand regardless of location, facilities professionals can make buildings safer, more productive, and more cost effective to operate.'

About ARC Facilities:

ARC Facilities designs and develops powerful and intuitive apps to deliver critical building information to facilities professionals on mobile devices such as phones or tablets. A simple swipe and a few taps allow users to view building plans for routine maintenance and handle emergencies within seconds. For more information about ARC Facilities and its products and services, visit https://www.arcfacilities.com/

Disclaimer

ARC Document Solutions Inc. published this content on 15 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 January 2021 18:29:02 UTC


© Publicnow 2021
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Financials (USD)
Sales 2020 289 M - -
Net income 2020 6,19 M - -
Net Debt 2020 88,0 M - -
P/E ratio 2020 10,6x
Yield 2020 1,35%
Capitalization 149 M 149 M -
EV / Sales 2019 0,49x
EV / Sales 2020 0,53x
Nbr of Employees 1 750
Free-Float 70,6%
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Managers and Directors
Kumarakulasingam Suriyakumar Chairman, President & Chief Executive Officer
Jorge Avalos Chief Financial Officer
Rahul K. Roy Chief Technology Officer
Dilantha Ediriweera Wijesuriya Chief Operating Officer
Ken Gini SVP-Administration, Operations & Procurement
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