Flic tech company archive#

Looking at dividend growth, the company's current annualized dividend of $0.80 is up 3.9% from last year. In comparison, the Banks - Northeast industry's yield is 2.27%, while the S&P 500's yield is 1.46%. Currently paying a dividend of $0.4 per share, the company has a dividend yield of 4.2%.

Flic tech company archive#

You can read our archive of The Innovators columns on the Big Innovation Centre website where you will find more information on how Big Innovation Centre supports innovative enterprise in Britain and globally.Based in Glen Head, The First of Long Island (FLIC) is in the Finance sector, and so far this year, shares have seen a price change of -11.81%.The Flic aims to be вЂњa bridge between the smart world and the physical worldвЂќ, says Kosuri, meaning that simple interactions between man and machine вЂ“ such as the light switch вЂ“ can remain but be performed in a smarter and more versatile way.

The Flic capitalises on the rapid advancement of the вЂњ internet of thingsвЂќ, the idea that devices in and outside of the home will increasingly communicate with each other. I have a phone next to her night table.вЂќ Linking up the internet of things She just presses the button and then it calls that person on Skype. She has a smartphone but she is really struggling with it so now it is so convenient. вЂњ lives in India and has grandkids all around the world so what I did was I put a picture frame of all of her grandkids. The thing that she wanted to have was a вЂfind my phoneвЂ™ button because she was always struggling to find her phone when she was going out from the apartment and she was stressed,вЂќ he said. I had to go through 30 different use cases before she had that realisation that that is something which would need. вЂњMy mother had that reaction вЂ“ вЂwhy would I need a button?вЂ™. Kosuri said he felt this himself when the idea was first suggested вЂ“ until the range of possibilities it could be used for became clear. If I hold in the button then it sends a predetermined text message to my colleagues saying that I am 10 minutes late,вЂќ Kosuri said.ДЄ common reaction to the Flic is that people are underwhelmed by the simplicity of the device. If I tap it twice then I get a message when the next bus is coming. A click can also take a picture which is then immediately sent to a cloud service such as Dropbox. The Nest smart thermostat вЂ“ which вЂњlearnsвЂќ and manages the heating patterns of a house вЂ“ can also be programmed to be used via the Flic, as can wireless Sonos speakers, which can be set to play with the press of the button. The device also connects with current commercial products such as Philips Hue lights, which can switch from one colour to another. Its creators hope it will become a popular interface to navigate around smart devices instead of scrolling through a screen. Three functions can be programmed into the button and are activated by pressing it once or twice, or holding it down. The button is effectively a trigger for a range of actions on the mobile phone, which must be within 150 feet to work. вЂњWe figured out that there are several things that we can do with this button, having a wireless safety button for my girlfriend when she walks home at night,вЂќ said Pranav Kosuri, who co-founded the Stockholm-based Shortcut Labs, which has developed the device, along with Westlund and Amir Sharifat.

The button has just three different functions but can be used in many situations, from the trivial (taking a selfie) to more serious (as a panic alarm for epileptics). One currently costs $34 although the price reduces as the number bought increases. The 60,000 preorders for the product will soon be sent out to customers. The company raised almost $900,000 (ВЈ590,000) for the button on crowdfunding website Indiegogo this year вЂ“ eight times its target. It has attracted a large following even before it has been launched. The Flic has been developed as a bridge between the increasing number of functions that can be achieved on a phone вЂ“ from turning on the lights and the stereo to ordering a taxi вЂ“ and the practicalities of everyday life, where people do not want to have to search through apps.