Wise move
Summary
“We have been leaders in the tank monitoring space for years with an emphasis on propane, fuels, lubricants, and even dry goods,” Boulay told gasworld. By offering customers a very affordable solution with the lowest total cost of ownership, they will finally be able to deploy telemetry at scale in places where it wasn’t previously possible. Historically it was far too expensive to monitor smaller assets like liquid cylinders, bundle packs, or manifolds, but the combination of Wise Telemetry and Otodata has changed that. “We are currently shipping around 40,000 monitors a month and that will continue to grow, so there is definitely a lot of untapped market left!” Since the outbreak of the pandemic early last year, Wise has seen a particular uptick in demand for its products from the medical sector. However, now that we are part of Otodata, we will be developing more products for propane and other flammable gases, too.” As for aims in the year ahead, Wise stressed the importance of users getting ‘the most value out of the data’.