Eight Solutions Inc. announced that two prominent companies in their respective industries signed software license agreements for the cloud-based Cumul8 data analytics and Industrial Internet of Things (IIoT) platform. By signing these agreements, the companies have shown the value they place in the real-time and predictive insights that the Cumul8 platform delivers on asset and operational health. These contracts generate both monthly recurring revenue ("MRR") for software licensing and Professional Services revenue for custom development. Both customers are leading companies in North America interested in pursuing the digital transformation of their businesses. This a common thread amongst most companies ­ all are collecting streaming, real- time data from sources such as disparate databases and sensors on various heavy equipment, but few have figured out an economical way of first connecting the data and then getting real value and return from it. The Cumul8 platform has been designed and developed to help these companies get value from their data through quick insights from specific or broad-based predictions. Using a value-driven methodology to create predictive models, the Cumul8 team asks clients to imagine opportunities for improving their business; leans on their domain expertise to conceptualize data models for achieving those goals; connects the relevant data sources within the Cumul8 platform; and then drives the modeled Key Performance Indicators as values to monitor, visualize, shape, share, and drive better outcomes throughout an organization.