| ConnectM focuses on Transportation (Aerospace, Railroad & Automotive), Utilities (Turbine, Windmills, Energy, Oil & Gas), Industrial and Enterprise market segments. ConnectM envisages itself to be a leading global solutions provider by providing significant, sustained and measurable business impact powered by M2M.
ConnectM provides end-to-end solutions, consulting, application development, analytics, business intelligence and product life cycle development & sustenance to the Transportation, Industrial, Utilities and Enterprise markets enabled by Machine-to-Machine (M2M) communications. It focuses on Application areas like after market services, predictive maintenance, asset utilization, remote asset management, telematics, fleet management, navigation & routing, turbine management, turbine remote diagnostics & maintenance, aircraft engine remote diagnostics & maintenance, automatic meter reading (AMR), energy usage optimization, field service automation, point of sales, pilferages & theft tracking and remote monitoring & diagnostics, thereby making significant, sustainable & measurable business impact on its customers. Backed by Sasken and IDG Ventures, ConnectM has the credentials to lead in this space. It will help customers achieve accelerated revenue growth and efficiency led cost optimization.
Industry Scenario
The advent of Machine-to-Machine communication is about to revolutionize the way certain applications like Predictive maintenance, After Market services, Diagnostics & Prognosis, Fleet Management and Remote Asset Management are run.
Due to fragmented market structure and a wide range of target markets, bringing in turnkey solution capabilities, application expertise and technology & communication expertise for diversified verticals would be a key demand from the market. ConnectM is well positioned to address exactly that, chasing an addressable market projected to be around $13 billion in 2010.
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