CASON Engineering

What CASON Engineering does

CASON Engineering (CASON Mérnöki Zrt.) is a privately held Hungarian industrial IoT company founded in 1999 and headquartered in Érd, Hungary, operating as a subsidiary of DBH Group since 2014. The company designs and manufactures autonomous field data acquisition and communication devices for utility operators and industrial users, built on its proprietary DIWICON technology platform. The product portfolio is organized around two main families: the Diwi series (Diwi Smart 5th generation, Diwi Pro, Diwi Pulse, Diwi Terminal) targeting LPWAN-based smart metering, and the DW series (DW 256 ULX, DW 256 GEx, DW 256 GL, DW 728 LGR, DW 116 FB) providing specialized, ATEX-certified solutions for gas, water, and explosion-hazard environments. Supporting software includes the SCADA SC5 system and the DIWICON SIMSIM AMI platform. Devices are characterized by up to 10-year maintenance-free battery operation, multi-protocol support (MQTT, GPRS, LoRa, NB-IoT, LTE CAT M1, Bluetooth), and integration with existing utility SCADA infrastructure.

CASON generates revenue through a mix of hardware product sales, one-time software licenses (SCADA, AMR, device management), system integration and installation services, recurring managed remote-monitoring subscriptions (notably for cathodic protection), and ongoing technical support and field maintenance contracts. The company sells primarily through direct enterprise sales to large utility operators across Central and Southern Europe, North Africa, and the Middle East, with channel partners handling some international deployments. With 80 employees across two countries, 100+ customers, and over 10,000 deployed devices, CASON has established a dominant 70% share of the Hungarian gas-consumer telecom-connected metering market and a referenceable track record with major utility customers including MOL Nyrt., E.ON Hungária, NKM, SNAM (Italy), Transelectrica (Romania), GECOL (Libya), and PAEW (Oman). Revenue is not publicly disclosed.

Name

CASON Engineering

Legal name

CASON Engineering Plc.

Website

https://cason.hu

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

CASON Engineering is a privately held Hungarian industrial IoT firm that designs ATEX-certified autonomous field devices and SCADA software under its proprietary DIWICON platform, serving gas, water, and electricity utility operators across Central Europe, Southern Europe, North Africa, and the Middle East.

Ownership category

akta.pro rank

Product category

Industrial IoT Metering

NAICS

Other Measuring and Controlling Device Manufacturing (334519), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Measuring & Controlling Devices, Nec (3829)

akta.pro industry

PRIMARYEUADAJAD

Condition Monitoring Sensors & IoT (online/offline monitoring, edge devices)

Energy, Utilities & Environment/Electric Transmission & Distribution (T&D)/T&D Asset Management, Inspection & Condition Monitoring

SECONDARYTLAEALAI

Multi-sensor condition monitoring tags (temp+humidity+shock+location)

Transportation & Logistics/Logistics Technology & Telematics (TMS/WMS, Tracking, ELD/IoT)/Cold Chain Monitoring & Condition/Asset Sensors (Temperature, Shock, Humidity)

SECONDARYTLABAJAL

Telematics Hardware, Sensors & Installation Services

Transportation & Logistics/Fleet Leasing, Rental & Management/Fleet Telematics & Asset Tracking Services (GPS, ELD, Utilization Analytics)

Keywords

• Industrial IoT metering
• Utility remote monitoring
• Smart meter devices
• AMR AMI systems
• Autonomous data collection

Headquarters

HQ city

Érd

HQ country

Hungary

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Product Sales: Sale of proprietary field data collection and communication devices including Diwi Smart, Diwi Pulse, Diwi Pro, DW 256 ULX, DW 256 GEx, DW 728 LGR, DW 116 FB, and DW 256 GL. Products include autonomous monitoring equipment, AMR/AMI devices, pressure transmitters, and cathodic protection systems.
2. Software Solutions: Management and business applications including SCADA systems, AMR software, device management platforms, and related software licensing. DIWICON SIMSIM AMI system and Stormy IoT Core central control module.
3. System Integration and Installation: Complete AMR/AMI system installations including field device deployment, IT integration, and commissioning services for utility operators.
4. Remote Monitoring Services: Periodic charge service for cathodic protection monitoring systems including SCADA applications and ongoing supervision.
5. Technical Support and Maintenance: Technical support services including field maintenance, IT support, and system monitoring for installed AMR systems.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

CASON Engineering designs, manufactures, and sells proprietary IoT-based hardware devices and supporting software systems for remote data acquisition, automatic meter reading (AMR/AMI), and cathodic protection monitoring across gas, water, electricity, and district heating utility networks, as well as pipeline and fleet management applications. Its portfolio, built on the proprietary DIWICON technology platform, includes autonomous field devices with multi-protocol LPWAN communication (LoRa, NB-IoT, LTE CAT M1, Wireless M-Bus) and ATEX-certified explosion-proof variants, complemented by SCADA and fleet management software.

Product overview

CASON Engineering provides intelligent network energy solutions with a comprehensive product portfolio based on their proprietary DIWICON technology platform. The portfolio centers on two main product families: the Diwi series (Diwi Smart, Diwi Pro, Diwi Pulse, and Diwi Terminal) offering universal and professional autonomous data collection devices with LPWAN communication capabilities (LoRa, NB-IoT, LTE CAT M1), and the DW series field devices (DW 256 ULX, DW 256 GEx, DW 256 GL, DW 728 LGR, DW 116 FB) providing specialized solutions for gas, water, and industrial metering applications with explosion-proof (ATEX) options. Supporting solutions include complete cathodic protection systems with SCADA integration and fleet management systems. All products feature long maintenance-free operation (up to 10 years), use open MQTT protocol for system integration, and support various communication technologies including GPRS, LPWAN networks, and Bluetooth for local configuration. The company serves energy, water, gas utilities, and industrial users in domestic and international markets.

Differentiator

Problem solved

Functional benefit

Brands

• DIWICON: Proprietary technology platform developed by CASON for industrial data collection and monitoring solutions, including DIWICON SIMSIM AMI system
• Diwi Smart
• Diwi Pro-Diwi Terminal
• Diwi Pulse
• DW 256 ULX
• DW 256 GEx
• DW 728 LGR
• DW 116 FB
• DW 256 GL
• Cathodic protection solutions

Products and services

• Diwi Smart Universal compact autonomous AMR field data collector and communication device for water, gas, electricity, and district heating utilities. Controls network elements and metering equipment through LPWAN (LoRa, NB IoT) communication, processing signals from gas, water, electricity, heat, and pressure meters via RS232/RS485 and WMBUS channels, with up to 10 years maintenance-free operation.
• Diwi Pro Professional multifunctional autonomous monitoring device for field data acquisition and transmission at gas, oil, and pharmaceutical industry stations. Logs consumption and technology data via pulse-based, RS232 and RS485 bus systems with up to 10 years maintenance-free operation and optional integrated display (Diwi Terminal).
• Diwi Pulse Customized pulse-based data collection device for gas, electricity, and water utility metering. Records and processes pulse signals from gas, water, electricity, and heat meters with GPRS communication and MQTT protocol support, up to 5+ years maintenance-free operation, and tamper detection for pulse cable sabotage and magnetization.
• DW 256 ULX Ultra low power IoT-based AMR device for collecting and transmitting pulse-based data from water, gas, and electricity metering devices. Modular ultra-low-power architecture with Industry 4.0 and IoT standards, supporting LPWA (LoRa, NB IoT) and Bluetooth 4 LE/LR communication, IP68 protection, and up to 10 years maintenance-free operation, with IP67 and ATEX versions available.
• DW 256 GEx Explosion-proof field detection and communication equipment for data collection and transmission from gas volume meters and correctors. Connects via pulse inputs and serial line (30+ protocols) with GPRS communication, redundant connection, IP66 protection, ATEX certification, 35-140 Ah intrinsically safe internal battery, and up to 5+ years maintenance-free operation.
• DW 256 GL Field data acquisition and communication equipment for pulse-based consumption data collection from gas volume meters. Processes signals from disk-housing, diaphragm, rotary, and turbine gas meters and connected sensors with GPRS communication, redundant connection, IP66 protection, up to 5 years battery life, 2 pulse inputs, 2 pulse outputs, up to 12 months data storage, and MQTT protocol support.
• DW 728 LGR Autonomous control device for field data collection and remote data transmission at potentially explosive gas, petroleum, and pharmaceutical stations. Receives 2 analog and 6 digital signals with up to 1-year high-resolution data storage, up to 140 Ah capacity, Zone 1 explosion-proof design, integrated graphic display, multilingual interface, Bluetooth for local data readout, MQTT protocol support, and multi-power solution with dual battery modules and external power options.
• DW 116 FB Micro-powered digital pressure transmitter family with front-diaphragm piezoresistive technology. Low-power digital pressure transmitter with fieldbus connection for universal wide pressure range, compact explosion-proof design for gas system applications, with high-resolution measurement and precision.
• Cathodic Protection Systems Complete cathodic protection solutions using DIWICON technology for remote monitoring of underground pipelines and tanks. Includes DW 631 K intelligent field cathodic station control unit (combining DW 297 K communication unit, DW 821 K station control module, DW 128 DI digital input module) and DW 5844 K minimum line communication unit, with SCADA application and up to 5 years unattended operation.
• SCADA SC5 System Silver Light SCADA system providing full system technical monitoring, reporting, and BI functionality to system operators, with an EDM module for energy trading.
• Fleet Management System Vehicle tracking and fleet management system for passenger and lorry vehicles using GPRS technology, including a driver-dispatcher system for informing drivers of route changes.
• LTE CAT M1 Communication Module LTE CAT M1 communication module added to existing devices enabling higher-bandwidth data transmission compared to NB-IoT and LoRa, supporting remote firmware updates and device parameterization, plus cell handover for moving vehicle tracking applications.
• Diwi Smart Ex Explosion-proof variant of Diwi Smart for use in Zone 1 potentially explosive areas with ATEX certification, for gas, oil, pharmaceutical, and chemical applications.
• DW 256 ULN (NB IoT modem) Narrow Band IoT modem version of the DW 256 ULX AMR 'Ultralight' product family, providing ultra-low-power NB-IoT communication for utility metering and remote data transmission.

Quantifiable outcome

• Field devices can operate up to 10 years without maintenance
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Rákosy-Glass Kft.minorStrategic or Co-development Partner · 1 January 2021Joint development partnership for innovative smart heating (Helio heating) products. CASON developed custom smart control systems for Rákosy-Glass's heating glass products, enabling energy-efficient building heating solutions controlled via online interface or mobile application.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Itron: Global leader in smart utility metering and AMI/AMR platforms for electricity, gas and water utilities. Competes with CASON in the same utility AMR/AMI tender processes but at a much larger scale, with broader geographic coverage and a deeper software stack.
• Landis+Gyr: Global smart metering and grid management provider offering electricity, gas and water AMI solutions. Competes with CASON for utility AMI contracts in Europe; significantly larger portfolio and broader metering scope, but overlapping end customers.
• Sagemcom: European smart metering and IoT platform provider for electricity, gas and water utilities. Larger and broader than CASON but competes in similar European AMI rollouts with overlapping LPWAN-based meter reading solutions.
• Honeywell (Elster): Honeywell's Elster gas metering business is a global incumbent in residential and industrial gas metering with extensive AMR deployments. Competes with CASON's DW 256 series and Diwi Pulse products for gas distribution utility customers across Europe.

Direct peers

• Kamstrup: Danish manufacturer of smart metering solutions for electricity, heat, water and gas. Directly comparable to CASON as a European specialist in autonomous, LPWAN-enabled utility metering devices with similar product breadth (heat, water, electricity meters) and similar target customers (utilities and district heating operators).
• Zenner: German-headquartered manufacturer of water, heat, gas and electricity meters with AMR/AMI and LoRaWAN-based IoT solutions. Closely overlaps with CASON's product mix in pulse-based, LPWAN utility metering for European municipal and utility customers.
• Diehl Metering: German division of Diehl Group focused on smart metering and AMR/AMI solutions for water, heat, gas and electricity. Highly comparable product portfolio (autonomous metering devices, LPWAN connectivity, AMI software) and similar European utility customer base.

Regional players

• ADD Grup: Moldovan-headquartered manufacturer of electricity meters and AMI/AMR systems active across CIS and Eastern Europe. Similar scale and product overlap with CASON in regional utility metering, particularly for electricity and water AMI rollouts.
• Apator: Polish metering and IoT group producing electricity, water, gas and heat meters with AMR/AMI functionality. Strong regional overlap with CASON in Central and Eastern European utility tenders; comparable size and product positioning in CE/SEE markets.

Others

• Sigfox: LPWAN connectivity provider for IoT devices, including utility metering applications. Adjacent rather than directly competing, but relevant as a connectivity-layer alternative to CASON's LoRa/NB-IoT/LTE-M stack for utility field devices.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/cason
• LinkedInlinkedin.com/company/cason-engineering-plc.

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 CASON Engineering