The Company’s IoT technology enables any device, such as utility meters or sensors, to communicate with any other device on any communications platform. It does this by replacing manual and on-site processes with smart technology that enables the collection of data for analytics, process automation and control of remote end devices. Once enabled with the Company’s technology, customers such as utility providers and local governments can access extensive live data from any one or more devices or sensors across their network. This interoperability feature, which enables devices to communicate over the one platform, is a key competitive advantage for X2M.
The Company is initially focussed on enabling efficient supply of water, gas, electricity and other utilities in the APAC region and has existing supply contracts with customers in Australia, Japan, Korea, China and Taiwan.
It is anticipated that X2M will list on the ASX during September 2021.
X2M Connect
X2M is a technology company that uses the internet to deliver productivity improvements, cost savings and improved public safety to enterprise and government customers.
x2mconnect.com
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