Ascent Solutions

Name

Ascent Solutions

Legal name

Ascent Solutions Pte. Ltd.

Website

https://myascents.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Bukit Merah

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Supply Chain, Marketing or Sales, Operations

Revenue model

1. IoT Hardware Sales: Sale of tracking devices, sensors, electronic locks, GPS trackers, and IoT hardware components that are installed in vehicles, cargo, and infrastructure.
2. Software/Subscription Services: Cloud-based platform access for monitoring, tracking, data analytics, and reporting, typically sold as recurring subscriptions with software-as-a-service model.
3. Professional Services: Implementation, customization, and integration services for deploying IoT solutions across customer environments, including training and support.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Ascent Solutions is a Singapore-based industrial IoT track-and-trace solutions provider that builds and sells hardware and software systems for fleet management, electronic cargo tracking, biometric access control, and RFID-based inventory visibility. Its offerings are deployed by government agencies and enterprises in oil & gas, retail, and pharmaceutical sectors to monitor and manage physical assets and supply chains.

Product overview

Ascent Solutions is a Singapore-based industrial IoT track-and-trace solutions provider operating as a subsidiary of EXEO Global. The company offers a modular platform architecture centered on the iSPOT® brand, which serves as the core technology umbrella. The flagship iSPOT® Fleet Management System and iSPOT® Electronic Cargo Tracking System (ECTS) form the primary product lines, supported by specialized add-on modules including iSPOT® Lite FMS for vehicle leasing, iSPOT® IVM and iSensor for oil and gas applications, and ATLAS® Link for personnel/asset tracking. Supporting solutions span smart infrastructure (Lift Monitoring, Biometric E-Gate, Solar Sentry, Aeropass), smart supply chain (MarineStar Guardian, Environmental Sensing), smart retail (QuikCount® RFID inventory management), and connectivity services (M2M Data with global SIM). The company serves logistics, collateral management, maritime, fleet management, retail, infrastructure, and pharmaceutical industries across 23 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• iSPOT Fleet Management System (FMS)

Quantifiable outcome

• Immigration clearance time reduced from 45 seconds to 8-15 seconds per passenger
• +3 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core.

• Bureau of Customs PhilippinescoreImplementation/ SI/ Consulting Partner · 21 February 2026Ascent Solutions Philippines Inc. is part of a public-private partnership with the Bureau of Customs Philippines for implementing a P742.49 million Customs Processing System (CPS). The project aims to automate declarations, risk assessments, and payments using AI and cloud technology, with transaction fee reduction from P700 to P330 per import entry.
• Ghana Civil Aviation AuthoritycoreStrategic or Co-development Partner · 22 November 2024EXEO Global subsidiary Ascent Solutions Pte Ltd is working closely with the Ghana Civil Aviation Authority on the development and deployment of an Advanced Passenger Information (API) and Passenger Name Record (PNR) System for enhanced aviation security.
• EXEO GlobalcoreOthersAscent Solutions Pte Ltd is a company of EXEO Global group, a Singapore-based parent company providing the strategic framework and resources for Ascent's global IoT track-and-trace operations across 23 countries.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Samsara: US-listed IoT operations platform combining vehicle telematics, asset tracking, site visibility and workflow software for logistics and industrial customers; directly comparable to Ascent's iSPOT® fleet and ATLAS® asset-tracking stack in product architecture and customer profile.
• Geotab: Global telematics leader providing GPS fleet management, driver behavior monitoring and vehicle analytics for enterprise fleets; closest direct competitor to iSPOT® Fleet Management System in functionality and target buyer.
• Tive: Supply-chain visibility startup offering IoT sensors (temperature, humidity, shock, location) plus a cloud dashboard for in-transit cargo; directly comparable to Ascent's ATLAS Temp cold-chain and ECTS cargo tracking solutions for pharma and perishable logistics.
• Roambee: End-to-end supply chain visibility platform using BLE, GPS and cellular sensors for real-time shipment monitoring; competes with Ascent's ATLAS Link personnel/asset tracking and ECTS cargo offerings across logistics and manufacturing customers.
• FourKites: Supply chain visibility platform providing real-time shipment tracking, yard management and ETA prediction across road, rail, ocean and air; competes with Ascent's smart supply chain and ECTS offerings for shipper and 3PL customers.
• Sensitech (Carrier): Cold-chain visibility provider offering temperature and location monitoring for pharma, food and perishable cargo; directly comparable to ATLAS Temp and the pharmaceutical customer segment Ascent serves.
• project44: Global supply chain visibility network providing real-time shipment tracking and workflow automation across transportation modes; overlaps with Ascent's multimodal (sea/air/land) tracking value proposition for enterprise logistics customers.

Broad incumbents

• Trimble Transportation: Large diversified technology vendor with a transportation & logistics portfolio spanning fleet management, mapping and supply chain visibility; broader than Ascent but overlaps on telematics and asset tracking use cases.
• Webfleet (Bridgestone): Established fleet management SaaS owned by Bridgestone, serving SMB and enterprise fleets across Europe, Americas and Asia-Pacific; broad incumbent comparable to iSPOT® Fleet Management on the telematics/vehicle tracking layer.
• Descartes Systems Group: Global logistics technology provider offering customs filing, trade compliance, routing and visibility software; broader incumbent that overlaps with Ascent's customs, border and cross-border trade facilitation solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ascent-solutions-pte-ltd
• Xx.com/ascentsingapore

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ascent Solutions