Business
Two Million Communication Endpoints Deployed
Two Million Communication Endpoints Deployed.
About this update from Cyanconnode Holdings Plc
[{"type":"text","content":"\n\n9 August 2024\nCyanConnode Holdings plc \n(\"CyanConnode\" or the \"Company\") \n \nTwo Million Communication Endpoints Deployed in India\nCyanConnode Holdings plc (LSE: CYAN), a global leader in narrowband radio frequency (\"RF\") smart mesh networks, is pleased to announce two significant milestones achieved by its Indian subsidiary, CyanConnode Pvt Ltd (\"CyanConnode India\"). Firstly, the successful deployment of over two million nodes, making it the first and only smart metering communications player in India to reach this milestone, and the prestigious SKOCH Gold Award win by Tamil Nadu Generation and Distribution Corporation Limited (\"Tangedco\") for its smart metering project powered by CyanConnode's communication network.\nFirst and Only Communications Player to Deploy Two Million Communication Endpoints in India\nCyanConnode India has become the first and only smart metering communications player in India to deploy over two million communication endpoints while successfully delivering required Service Level Agreements. This remarkable achievement showcases CyanConnode India's extensive reach and experience across the country, with deployments in ten states: Assam, Rajasthan, Himachal Pradesh, Madhya Pradesh, Gujarat, Tamil Nadu, Bihar, Maharashtra, Karnataka, and Andhra Pradesh. This milestone underscores CyanConnode's commitment to providing reliable and scalable smart metering solutions, contributing to India's energy management and digital transformation goals.\nTangedco Wins Prestigious SKOCH Award\nIn addition, the distribution company, Tangedco, has won the prestigious SKOCH Award for Gold Category in the Power & Energy category. The award recognises the digital transformation of Tangedco's commercial operations under the smart metering project powered by CyanConnode's communication network.\nThe project has delivered exceptional billing and smart metering communication rates of over 99%, accelerating invoicing, reducing errors, and enhancing customer satisfaction through timely billing. It has also optimised operations, reduced carbon emissions, increased revenue, and optimised manpower, among many other benefits.\nJohn Cronin, Executive Chairman of CyanConnode, commented:\n\"We are immensely proud of these achievements. Reaching the milestone of two million deployed communication endpoin...