Name: Nordic Automation Systems
Price range: $$

Nordic Automation Systems

Business Name: Nordic Automation Systems

Business Description: Customer Problem:
Utilities and users have tedious task of taking the water/gas/
heat/ electricity meter readings monthly. It is related to high
costs for Utilities and it is boring to customers. Existing
technologies are not suitable for dispersed settlement areas and smaller apartment buildings. Nordic Automation Systems solves this problem with its LoRa IoT devices and network equipment. Additionally, utilities get hourly usage data for analysis and optimisation.
Product/Services:
LoRa sensors, GW and platform services – full vertical. New LoRa technology is mature and vertical offering lowers cost and gives utilities jump-start for offering services to their customers. Our products save meter reading collection costs while giving consumption dynamics of the valuable resources. The proof of the success is hundreds of requests and trial orders from our website alone.
Target Market:
Currently we supply our products and services to all markets to build up the pipeline, while setting the focus to the specific markets within few months to meet the targets for 2017. Typical customer segments are Utilities, System integrators, ISP-s and Telcos.

Long Business Description:

IoT LoRa full vertical solutions provider, manufacturer of Nodes, Gateways and Cloud backend.
Nordic Automation Systems is an industrial automation company. We believe in the world with precise data and less tedious repetitive manual tasks. We create sensor technologies, data analysis and monitoring solutions. LoRa® technology enables us to provide end-to- end LoRaWANTM – smart metering, smart monitoring, smart city and industrial IoT applications.

Based in: Tallinn

Tags: Utilities, IoT, Predictive Maintenance, Smart Cities

Founded: 2014

Website: www.nasys.no

Articles about Nordic Automation Systems:

February 23, 2021 2150 announces €130 million first close of fund for companies focusing on urban sustainability
January 27, 2021 The Global Startup Awards 2020 Global Winners have been announced!
October 2, 2020 Weekly VC Overview: All 74 European funding rounds we tracked this week (Sept. 28 – Oct. 2, 2020)
September 18, 2020 Weekly VC Overview: All 61 European funding rounds we tracked this week (Sept. 14-18, 2020)
March 11, 2020 10 most promising Finland-based startups to watch in 2020
February 28, 2020 Helsinki-based Sensible 4 raises €6.3 million to expand its autonomous driving system for harsh weather
November 28, 2019 10 Helsinki-based startups to watch out for in 2020 and beyond
September 26, 2019 Copenhagen-based Pleo speeds up innovation with smooth access to bank data with Nordic API Gateway
January 31, 2019 10 smart energy startups to keep you warm this winter (and help you save money)
October 30, 2018 Here are the regional winners of Nordic Startup Awards 2018

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