X2M is a technology company that uses the internet to deliver productivity improvements, cost savings and improved public safety to enterprise and government customers. X2M’s current focus is servicing the utility sector in the Asia-Pacific (APAC) utility market through the provision of technology which connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. This category is commonly referred to as the Internet of Things (IoT).
The APAC utility market typically uses aging analogue infrastructure in an environment of increasing population and demand for services. Utility providers and governments in the APAC region are increasingly migrating to sophisticated internet based technology solutions in search of productivity improvements, environmental sustainability, waste reduction and enhanced public safety.
The IoT entails connecting everyday objects to the internet so they can communicate with each other and with centralised systems (such as big data, artificial intelligence systems, machine learning, billing and control platforms and distributed systems (such as factory automation, building automation, smart parks and local safety systems). These objects range from utility related devices such as air conditioning systems, solar systems, electric vehicle charging stations, pressure sensors, as well as water, electricity and gas meters to household or industrial items such as blinds, compressors, lights and displays. Once connected to the internet, they can send and/or receive information and potentially be controlled remotely. The figure below depicts how a typical end-to-end IoT solution operates. The three different components of an IoT platform are the IoT Device, the IoT Hub, and the IoT Platform:
(a) IoT Device:
These are individual smart devices, either built in or added to a meter or other infrastructure item that can connect to the internet to send and receive data.
(b) IoT Hub:
A small computing device that is located near the end smart devices. Its purpose is to collate and simplify the information received from each device and trigger local actions. Data is also sent to the central IoT platform in the cloud to trigger group actions. Some IoT devices do not make use of the IoT hub.
(c) IoT Platform:
The software application that allows device, alert and user management, data collection and visualisation, application development and analytics.
The IoT enables old style analogue devices to become “smart” devices delivering immediate customer benefits, as evidenced in the utility market.
Azbil Kimmon is one of the largest bottled gas, water and gas meter manufacturers in Japan. X2M partners with Azbil to deliver a comprehensive bottled gas monitoring system to customers in Japan.
DaeHan Meter Co Ltd is South Korea’s largest water meter manufacturer with 29% direct market share and a further 12% share through component supply to smaller manufacturers. DaeHan offers our NBIoT based network interface cards to its customers as part of its water meter catalogue.
KSJ meters are used in our largest water meter deployment at Gochang, South Korea.
Landis & Gyr model 750 gas meters are being fitted with the X2M NBIoT network interface card enabling our Australian Smart Gas deployments.
Yung Loong is the largest gas meter manufacturer in Taiwan and sells their gas meters with our NBIoT (and previously Zigbee based) network interface cards which allow for remote readings, realtime alarms, valve control and gas pressure management.
AWS is one of our cloud hosting partners and provides a leading, global cloud service.
KT is one of our cloud hosting partners and provides a leading cloud service in South Korea.