SIMPPLE (NASDAQ: SPPL) has announced a significant joint venture with Denmark's Evolve Consulting ApS, launching paid trials of SIMPPLE-Evolve, the first AI-driven facility management platform that combines smart building automation with global compliance capabilities. The platform integrates SIMPPLE's building automation features with Evolve's E-V-E AI regulatory compliance system, ensuring adherence to ESG standards and cybersecurity frameworks.
The platform is currently being tested in Germany, Singapore, Australia, and the U.S., with expected initial sales in the near future. Market research suggests strong growth potential, with the global compliance management software market projected to reach $75.8 billion by 2031, growing at a 10.9% CAGR. The companies will host informative webinars on November 26-27, 2024, to showcase the platform's capabilities.