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• Cloud based Machine to Machine (M2M) service, SaaS model.
• Business to Business model (B2B) through direct selling and partners.
• Solid international network of partners in more than 13 countries.
• Target clients are service providers, including telecos, utilities, security companies and insurance companies among others.
The Business Plan
Going forward, Sensing & Control plans to start expanding through:
• Commercial testing has already taken place and there is a strong pipeline of potential commercial agreements.
As a result, the total number of end users will grow as well as the number of B2C clients. This will enable the company to achieve €0.9 million (2017) and €43 million (2021) in revenues (126% CAGR).