CyanConnode Holdings PLC CyanConnode (CYAN): The "smart" in smart cities
04 May 2021 - 6:56PM
RNS Non-Regulatory
TIDMCYAN
CyanConnode Holdings PLC
04 May 2021
Hardman & Co Research (Initiation of Coverage): The "smart" in smart cities
Amid growing interest from governments around the world in smart
technologies, CyanConnode is establishing its presence as a leading
global vendor of intelligent communications and metering
technologies that capture information and facilitate the flow of
data for analysis. Its Omnimesh platform, developed at a total cost
of over $50m, has proven scalability and is being widely deployed
in large-scale utility smart meter rollouts in countries such as
India and Thailand, but can be applied to streetlights, heating and
EV charging systems. Given positive secular trends, the long-term
growth outlook would appear to be highly favourable.
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