What Cyan Technology Ltd does

CyanConnode (previously known as Cyan Technology Ltd) develops narrowband RF mesh networking hardware and software for Internet of Things communications, with a primary focus on smart utility metering and intelligent street lighting. The company's core technology stack comprises the proprietary Omnimesh mesh networking protocol, the Omni IoT Platform for device and network management, and complementary Cellular Metering Products introduced in 2017. It serves electricity, gas and water utilities as well as municipal governments and enterprise customers, with established operations in the Nordic countries, India and Europe and a recent expansion into Thailand.

The business operates a B2B enterprise field sales model, selling end-to-end IoT solutions directly to governments, metropolitan authorities and large utility operators. Revenue is generated principally through hardware sales of mesh networking equipment, increasingly bundled with the Omni IoT Platform software layer. CyanConnode is listed on the AIM market of the London Stock Exchange and maintains a wholly-owned Indian subsidiary, CyanConnode Pvt Ltd., headquartered in Gurugram, to execute in the Indian market.

The company traces its origins to venture funding rounds between 2000 and 2002 from investors including NIF Ventures, The Cambridge Gateway Fund and ETCapital, completed its first smart metering installations in 2006, and acquired Sweden-based Connode AB in 2016 to consolidate narrowband RF mesh expertise under the CyanConnode brand. With 11-50 employees and a Cambridge, UK headquarters, it remains a focused specialist rather than a diversified IoT generalist.

Name

Cyan Technology Ltd

Legal name

CyanConnode

Website

https://cyantechnology.com

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

CyanConnode (formerly Cyan Technology Ltd) develops narrowband RF mesh networking hardware and the Omni IoT Platform for smart electricity, gas and water metering and intelligent street lighting, selling to utilities, municipal authorities and enterprises in the Nordics, India, Europe and Thailand.

Ownership category

akta.pro rank

Product category

IoT Networking Hardware and Platforms

NAICS

Wired and Wireless Telecommunications (except Satellite) (5171)

SIC

Computer Communications Equipment (3576), Communications Services, Nec (4899)

akta.pro primary industry

IoT Connectivity Management (Private APN, SIM/eSIM, Device Connectivity) (HDAIAGAG)

akta.pro secondary industry

AMI Communications (RF Mesh, PLC, Cellular/NB-IoT, Private LTE) (EUADAFAD)

Keywords

• Narrowband RF mesh networking
• Smart utility metering
• IoT communications platform
• Smart lighting control
• Mesh networking hardware

Headquarters

HQ city

Cambridge

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. IoT Solutions and Hardware: CyanConnode generates revenue through the sale of narrowband RF mesh networking hardware and software solutions for smart metering and lighting control applications. The company provides end-to-end IoT solutions to utilities and municipal authorities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

CyanConnode develops and sells narrowband RF mesh networking hardware and software for IoT communications, centered on its proprietary Omnimesh protocol and Omni IoT Platform. These solutions enable smart electricity metering, smart gas and water metering, and intelligent street lighting control for utilities, municipal authorities and enterprise customers. The company sells end-to-end IoT connectivity solutions including cellular metering products, primarily through direct enterprise field sales across the UK, Nordic countries, India and Europe.

Product overview

CyanConnode offers a unified portfolio of narrowband RF mesh networking solutions for IoT applications. The core technology consists of Omnimesh (the proprietary mesh networking protocol) and the Omni IoT Platform (the management and connectivity platform), which together enable smart city applications including smart electricity metering, smart lighting control, and smart gas/water metering. The company operates primarily in Nordic countries, India, and Europe, with operations dating back to 2002 and first smart metering installations completed in 2006.

Differentiator

Problem solved

Functional benefit

Brands

• Omnimesh: RF mesh networking solution technology
• Omni IoT Platform
• Narrowband RF mesh

Products and services

• Omnimesh Proprietary narrowband RF mesh networking solution enabling flexible wireless connectivity for utility metering and lighting control applications. Designed for utilities, municipalities and enterprises deploying large-scale IoT device estates.
• Omni IoT Platform Comprehensive IoT communications platform providing connectivity and management capabilities for smart city applications including metering and lighting systems. Targeted at utilities, municipalities and enterprises managing distributed IoT device fleets.
• Narrowband RF Mesh Core narrowband RF mesh networking technology delivering resilient machine-to-machine communication for IoT devices. Sold as the foundational connectivity layer for smart city and utility IoT deployments.
• Smart Electricity Metering Application solution for intelligent electricity metering using narrowband RF mesh networks, enabling utilities to monitor and manage electricity consumption remotely. Built for electricity utility companies deploying AMI/smart metering programmes.
• Smart Lighting Control Intelligent street lighting control solution using mesh networking, allowing municipalities to monitor and manage street lighting with optimum efficiency. Designed for city and metropolitan authorities managing public lighting infrastructure.
• Smart Gas and Water Metering Application solution for smart gas and water metering utilizing narrowband RF mesh technology, enabling utilities to monitor consumption and detect anomalies. Built for gas and water utility operators.
• Cellular Metering Products Cellular-based metering product line launched in 2017 to complement CyanConnode's mesh networking portfolio, providing utilities and enterprises with cellular connectivity options for metering deployments.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Senet: LPWAN IoT connectivity operator focused on LoRaWAN for utility, smart city, and asset tracking use cases — an emerging competing connectivity stack for the same AMI buyers as CyanConnode.

Direct peers

• Kamstrup: Smart metering and AMI solutions provider focused on heat, water, and electricity — directly comparable to CyanConnode's smart electricity/gas/water metering applications built on RF mesh.
• Landis+Gyr: Major AMI and smart metering infrastructure provider with mesh and cellular connectivity products for utilities worldwide, competing head-to-head for utility contracts in the same geographies as CyanConnode.
• Sensus (Xylem): Provider of AMI networks and smart utility solutions (FlexNet), closely comparable to CyanConnode in delivering communications and metering infrastructure for water, gas, and electric utilities.
• Itron: Global leader in AMI and smart metering networks (including the legacy Silver Spring Networks RF mesh business), serving utilities and cities with metering, communications, and data management — directly competing with CyanConnode's Omnimesh-based offerings.
• Wirepas: Decentralized mesh networking IoT connectivity provider for metering, lighting, and asset tracking — competes with CyanConnode's Omnimesh in RF mesh-based IoT connectivity for smart cities.
• Trilliant: Specialist in AMI communications networks (mesh and cellular) for utilities and smart cities, with very similar product positioning to CyanConnode's Omnimesh and Omni IoT Platform.

Broad incumbents

• Elster Group (Honeywell): Now part of Honeywell, Elster provides AMI and metering solutions at scale across regulated utility markets, operating as a broader incumbent with overlapping but wider portfolio than CyanConnode.
• Semtech (LoRa platform): Provider of LoRa wireless semiconductor technology underpinning major LPWAN IoT networks; an adjacent incumbent whose LoRaWAN ecosystem competes with narrowband RF mesh deployments for smart utility applications.
• Schneider Electric (EcoStruxure): Wide-portfolio energy management and smart infrastructure provider offering metering, grid, and lighting solutions — an incumbent competing in adjacent smart city utility and lighting segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Cyan_Plc
• LinkedInlinkedin.com/company/40315

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors3 records

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

M&A1 record

Investments

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

Frequently asked questions about Cyan Technology Ltd