In the huge and growing IoT space, Distence is positioned in the industrial segment, more specifically in demanding environments and mission critical solutions. This space with industrial assets, including motors, gears, pumps and similar critical assets to industrial processes and energy production, is one of the largest opportunities in IoT. It consists of both new era, OEM, digitized assets as well as an enormous population of installed, legacy, assets with decades of life in them but lacking any digitization. Our mission is to digitize industrial assets with edge computing technology, increase their autonomy by taking intelligence to the asset level and to connect them seamlessly to our customers business processes to increase ROI. With installations inover 40 countries, we are off to a good start!
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