Contact Us +61 2 9392 8010

ConnectedIO Limited

ConnectedIO Limited

ConnectedIO manufacture small routers and modems that become physically attached to machines and equipment. The devices allow for the transmission of machine data back to a central operator via a cellular (sim‐card) connection.

ConnectedIO was founded in Silicon Valley in 2013 following a contract to supply a specially designed modem for Coca‐Cola’s remotely located vending machines. Today, ConnectedIO supply their products to the Drone, Energy Management, Surveillance, Oil & Gas, Robotics, Digital Signage and Industrial Machinery markets. ConnectedIO listed on the ASX in March 2016.

TECH COMPANY - ConnectedIO manufacture small routers and modems that become physically attached to machines and equipment. The devices allow for the transmission of machine data back to a central operator via a cellular (sim‐card) connection ConnectedIO was founded in Silicon Valley in 2013 following a contract to supply a specially designed modem for Coca‐Cola’s remotely located vending machines. Today, ConnectedIO supply their products to the Drone, Energy Management, Surveillance, Oil & Gas, Robotics, Digital Signage and Industrial Machinery markets. ConnectedIO listed on the ASX in March 2016.

In the past, equipment users and manufacturers have relied on the collection and retention of data through non‐real‐time methods such as the use of flash memory sticks. High value assets were often connected via expensive physical hard‐wired connections. More recently, devices could transmit live‐data over wireless networks but would need to be within proximity of a network and therefore not suitable for mobile or remotely located devices. Wireless networks are considered a less ideal method for providing connectivity as they are more unstable and less secure than an equivalent cellular solution. The latest evolution of machine connectivity and data access, and the one considered likely to be the most pervasive, is the transmission of machine data over a cellular network. Cellular networks are considered the most stable, most secure and most easily scalable option for machine data transmission. Perhaps most importantly, cellular connections unlock the ability for M2M to function on mobile or  remotely located devices.

The IoT (Internet of Things) concept involves connecting machines and devices with internet connectivity to be able collect and transmit machine or environmental data – and which creates enormous opportunities for businesses. The internet is now not just a network of  computers but a network on inter‐connected ‘things’.

Connecting a machine or asset in a Business‐to‐Business context with internet connectivity is broadly defined as an M2M (machine to machine) application within the IoT segment. The pool of connected IoT devices is predicted, by Consultants Mckinsey & Co., to more than double from 12 billion in 2016 to 30 billion devices by 2020 with most growth a result of new machine connections. These commercial applications will include factories and industrial equipment including robots, healthcare devices, agricultural and mining machines and construction applications. Mckinsey, in their analysis of the sector concluded, “Our central finding is that the hype may actually understate the full potential of the IoT”.

Download the report for more information...

Download the latest reports

Have you already registered?

If you have not registered with us before please click here.

Request Access

Please provide some information to be able to view these reports.

Details:
Interests:

Gain Access

 

More details about ConnectedIO Limited

Official website: http://www.connectedio.com

ASX on Hotcooper: http://hotcopper.com.au/asx/CIO