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This is achieved by remotely reading utility meters and providing data collection and analytical services, via the Internet and public networks such as GSM, to other utilities and their customers.
Qonnectis’ technology enables utilities and their customers to access data from their utilities from any location at any time of day or night, eliminating the costly and time-consuming process of manual meter reading and back-office data entry. The Company’s systems can also remotely read and collect data from utility meters at 15 minute intervals, allowing the user to monitor consumptions levels and identify incidences of inefficient usage, billing irregularities or leakage, thereby reducing consumption of resources.
In essence, Qonnectis connects its customers to their remote utility meters and sensors by the use of M2M (machine to machine) technology for AMR (automated meter reading). Qonnectis then aggregates and analyses this remote data, providing the end user with customised web sites and analytical services.
The original Qonnectis business was established at the end of 1998 and spent several years in research and development, developing the 'meter to web' concept of founder Michael Tapia, before the wider launch of its products in 2003. Following its merger into IP Holdings plc it was subsequently renamed Qonnectis plc. Qonnectis plc was listed on the AIM market of the London Stock Exchange in February 2005. Qonnectis was incorporated in England, which is its main country of operation. Registered in England No. 3634838