VT and Dunraven Systems sign €1-mill IoT subscription deal

Dublin, September 5, 2017: VT, the Sigfox operator in Ireland, has signed a deal valued at more than €1 million with Dunraven Systems Ltd., a market leader in the design and development of ultrasonic fuel tank monitors.

VT will provide 250,000 global Sigfox subscriptions to Dunraven. This is equal to about 35 per cent of the total number of cellular machine-to-machine (M2M) subscriptions currently live in Ireland on Vodafone, Three or Eir networks.

Sigfox is an ultra narrowband Internet of Things (IoT) network operating in more than 30 countries. The technology is optimised to provide a low-cost, low-power option for connecting simple devices directly to the cloud. VT’s Sigfox network currently covers 96 per cent of Ireland.

Dundalk-based Dunraven Systems is best known for its market-leading range of ultrasonic liquid level sensors, which have a variety of uses, including the monitoring fuel tanks in various fields like home heating oil. Previously, most of these devices could only communicate locally within a certain range of the tanks themselves, requiring a transmitter on the tank and a receiver display nearby. The user then monitored the screen and called for a refill when they saw the tank running low.

With this deal for 250,000 Sigfox connections, Dunraven can now build devices that communicate directly to the cloud. This opens up a world of new possibilities and business models, including a system where a fuel refill is automatically ordered by the device, preventing emergency callouts and cold winter nights without fuel.

We are always looking for ways to enhance and future proof our products, and indeed the experience provide to our customers. Having accessed the IoT space it became quickly apparent that adding Sigfox was the obvious choice, both financially and technology wise. Innovation has been the catalyst to our success and the addition of the Sigfox solution to the range will certainly significantly contribute to our business expansion moving forward,” said Michael McCaughley, Business Manager from Dunraven.

Dunraven currently has more than 750,000 devices deployed in 16 countries. With VT supplying 250,000 global subscriptions, this opens up Sigfox’s global ecosystem, with seamless roaming throughout.

Image Credit: VT
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