CEO Mohan Jesudason sat down for a in-depth conversation with ASX Brief’s Andrew Musgrave to unpack how our device-agnostic infrastructure is transforming utilities, renewables and more recently, public safety.
Mohan talks through X2M’s expansion into Japan’s ageing water infrastructure market, and how we’ve partnered with a leading local meter manufacturer to convert vast installed bases into high-margin SaaS revenue. With recurring gross margins above 90% per device, even modest penetration of Japan’s ~60 million meters becomes highly meaningful.
In Korea, where we’re already the incumbent in key segments, momentum continues through repeat orders and an expanding product suite.
Meanwhile, channel strength is building across Australia, the UAE, and Taiwan’s renewable-energy AI market.
Mohan also spotlights “HelpMe”, a coin-sized public safety device X2M is rolling out in Seoul. One press instantly alerts CCTV operators, police and nominated contacts with live location data. It’s a powerful example of how smart infrastructure can translate into real-world safety in seconds.
Listen to the full conversation on Spotify: ASX Briefs’ with Andrew Musgrave