CyanConnode Holdings PLC Inauguration of IoT Innovation Centre in India
November 18 2021 - 2:00AM
RNS Non-Regulatory
TIDMCYAN
CyanConnode Holdings PLC
18 November 2021
18 November 2021
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Inauguration of IoT Innovation Centre in India
CyanConnode Holdings plc (AIM: CYAN), a world leader in
Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to
announce the formal opening of their new Corporate Office and IoT
Innovation Centre in India.
The IoT Innovation Centre, which was inaugurated by Executive
Chairman, John Cronin, showcases and builds on CyanConnode's award
winning 3(rd) generation Omnimesh IoT architecture. Keeping India's
ecosystem and requirements in cognizance, the IoT innovation centre
will cater to the country's requirement of deploying 250 million
smart prepaid meters, with a focus on innovation, research and
development. CyanConnode's solutions such as hybrid communication
for both RF and Cellular meters, long-range RF solution for
scattered agricultural and semi-urban consumers is being developed
and tested further through this IoT Innovation Centre.
CyanConnode is already delivering an average SLA of 99.5%
continuously on a daily basis in its projects, and Indore has
become a case study for the other utilities in the country. The IoT
innovation centre reaffirms CyanConnode's technology and innovation
leadership in the space.
CyanConnode is also pleased to announce that during October 2021
it reached the milestone of shipping 1 million nodes to customers
across all of its projects in India.
John Cronin, Executive Chairman, commented:
"We are pleased to formally open our IoT innovation centre in
India. The IoT Innovation Centre will showcase our strengths in
technology, innovation, research and development. This IoT
Innovation Centre reaffirms CyanConnode India's approach of
bringing new technologies to meet the customers' requirements. I am
also delighted to announce the dispatch of one million RF nodes
across various utilities in India"
- Ends -
Enquiries:
CyanConnode Holdings plc Tel: +44 (0) 1223 225 060
John Cronin, Executive Chairman www.cyanconnode.com
Arden Partners plc (Nomad and Broker) Tel: +44 (0) 20 7614
5900
Paul Shackleton / Elliot Mustoe (Corporate Finance)
Simon Johnson (Corporate Broking)
About CyanConnode
CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio
Frequency (RF) Smart Mesh Networks, which are used for machine to
machine (M2M) communication. As well as being self-forming and
self-healing, CyanConnode's RF Smart Mesh Networks are designed for
rapid deployment, whilst giving exceptional performance and
competitive total cost of ownership.
In June 2018, CyanConnode launched its award-winning Omnimesh
Advanced Metering Infrastructure (AMI) platform, which has already
gained considerable commercial traction, especially in India which
is a key market for the Company.
Through a Global partner eco-system, which is vendor agnostic,
CyanConnode has several routes to market, therefore it is well
positioned to capitalise upon increasing Global demand for smart
metering solutions.
For more information, please visit www.cyanconnode.com
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