What IOE Technologies does

IOE Technologies Limited is a Hong Kong-based wireless solutions and sensing technology company founded in 2015 and headquartered at the Hong Kong Science Park in Sha Tin. The company develops hardware and software centered on Edge AI, RFID, millimeter-wave and ultra-wide-band (UWB) radar, LoRa/LoRaWAN range extension, and smartphone-based indoor localization. Core products include RFID access control and asset tracking hardware (over 15 million HF/UHF sets delivered since 2017), the V-IMU Indoor Location Service (a smartphone-based localization system using video frames and 3D digital map matching), the Breath and Sleep Radar Module (mmWave-based contactless vital signs and sleep monitoring), UWB/mmWave radar modules for healthcare applications, a LoRaWAN Repeater Node for range extension, and a chipless UWB RFID system in development. The company also offers custom Edge AI services spanning dataset collection, feature engineering, model architecture design, deep-learning training, and deployment on microcontrollers, plus STEM Education services.

The business model combines hardware sales (RFID tags and readers, radar modules), professional services (custom Edge AI development, OEM manufacturing, embedded software and circuit design), and a potential recurring revenue stream from the V-IMU indoor location platform available via white-label app or SDK integration. Customers reach the company via a direct, quote-based engagement model through a website contact form, with no public pricing. Target customer segments are vertical-specific: retail and IoT operators requiring asset tracking and inventory solutions, healthcare facilities and medical integrators needing contactless vital signs monitoring, and commercial real estate operators (shopping malls, transit hubs) requiring indoor wayfinding. Awards include the 2017 Deloitte Hong Kong Technology Fast Rising Star and a 2019 #3 ranking in Deloitte Technology Fast 10 Hong Kong. Ownership is private with no disclosed institutional investors, parent entity, or funding rounds in the available data.

Name

IOE Technologies

Legal name

IOE Technologies Limited

Website

https://ioetechnologies.net

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

IOE Technologies is a Hong Kong-based wireless solutions company developing Edge AI, RFID hardware, millimeter-wave and UWB radar, and smartphone-based indoor localization platforms for retail, healthcare, and commercial real estate clients.

Ownership category

akta.pro rank

Product category

RFID and IoT Hardware Solutions

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Other Communications Equipment Manufacturing (33429), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Computer Communications Equipment (3576), Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers) (IMAGAGAC)

akta.pro secondary industries

IoT Connectivity Management (Private APN, SIM/eSIM, Device Connectivity) (HDAIAGAG), Elder Care, Wellness & Home Health IoT (Fall Detection, Medical Alerts, Sleep/Wellness Sensors) (HSAPAQAJ), Industrial/OT Private Connectivity (Factory, Mining, Ports) (HDAIAGAD)

Keywords

• RFID hardware solutions
• Indoor localization services
• Edge AI deployment
• Millimeter-wave radar
• LoRaWAN range extension

Headquarters

HQ city

Sha Tin

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. RFID Hardware Sales: Sale of HF and UHF RFID tags and readers. Over 15M sets of RFID hardware delivered since 2017.
2. Radar Systems: Sale of mmWave and UWB radar modules for healthcare and indoor location applications.
3. Professional Services: Custom Edge AI services including dataset collection, feature engineering, model architecture design, deep-learning, training, modelling, and MCU deployment. Also includes circuit and embedded software development, type approvals, product design, and OEM manufacturing.
4. Indoor Location Solutions: Platform-independent modular structure for indoor localization services. App-based system with white label app or SDK integration options.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

IOE Technologies designs, manufactures, and sells Edge AI services, RFID hardware (HF, UHF, and chipless UWB tags and readers), millimeter-wave and UWB radar modules for healthcare monitoring, LoRa/LoRaWAN range extension solutions, and the V-IMU smartphone-based indoor localization platform. The company delivers these to enterprise clients across retail IoT, healthcare, and commercial real estate as standalone hardware, SDK-integrated software modules, and custom engineering services.

Product overview

IOE Technologies is a technology innovation company offering a portfolio of hardware and software products centered around Edge AI, sensing technologies, and localization services. The core offerings include: Edge AI services for on-device AI deployment on microcontrollers; RFID Access Control and Asset Tracking solutions (delivered over 15 million RFID hardware sets since 2017); the V-IMU Indoor Location Service using smartphone-based video localization with 3D mapping; and Contactless Vital Signs Monitoring using millimeter-wave radar for respiratory rate, heart rate, and sleep analysis. Supporting technologies include UWB and mmWave radars for healthcare and location applications, LoRa/LoRaWAN range extension via Repeater Node, and an emerging chipless RFID system. The company also provides STEM Education services. Products are sold both as standalone solutions and as SDK-integrated modules for existing applications.

Differentiator

Problem solved

Functional benefit

Brands

• V-IMU: A smartphone-based indoor localization system using hybrid intelligent filtering approach for reduced computational load and accuracy in localization.
• Breath and Sleep Radar Module

Products and services

• Edge AI Services
• RFID Access Control and Asset Tracking
• Contactless Vital Signs Monitoring (Breath and Sleep Radar Module)
• V-IMU Indoor Location Service
• UWB and mmWave Radar Solutions
• LoRa/LoRaWAN Range Extension Solution (Repeater Node)
• Chipless RFID System
• STEM Education

Quantifiable outcome

• Delivered over 15M sets of HF and UHF RFID hardware since 2017
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Vayyar Imaging: mmWave radar specialist whose chips/modules enable contactless vital-signs and presence sensing — directly comparable to IOE's breath/sleep radar module and UWB-based blood pressure/arterial stiffness work. Both target elderly care, automotive in-cabin, and smart home.
• Xandar Kardian: UWB radar-based contactless vital signs and occupancy monitoring vendor for senior living and healthcare facilities. Overlaps with IOE's contactless vital signs monitoring radar at the same buyer and use case.
• Impinj: Global leader in UHF RFID tags and readers (RAIN RFID), competing head-to-head with IOE in retail and IoT asset-tracking deployments where IOE has shipped 15M+ HF/UHF sets. Both serve OEMs and system integrators with RFID hardware plus connectivity software.
• Estimote: Bluetooth beacon and indoor location platform vendor for retail and enterprise venues. Comparable to IOE's V-IMU indoor location service, with similar SDK-based integration into apps for wayfinding and analytics.
• Alien Technology: Long-standing UHF RFID tags and readers manufacturer serving retail, logistics, and asset tracking — same core market as IOE's 15M+ HF/UHF RFID business. Both supply OEMs and system integrators with industrial RFID hardware.

Emerging players

• Syntiant: Edge AI microcontroller company focused on always-on voice and sensor inference on battery-powered devices — adjacent to IOE's Edge AI on-MCU services and ultra-low-power radar sensing for IoT endpoints.
• Pragmatic Semiconductor: Flexible, low-cost chipless/flexible-IC manufacturer aiming to replace conventional barcodes and silicon RFID with sub-cent tags. Closest emerging competitor to IOE's in-development chipless UWB RFID system.

Broad incumbents

• Zebra Technologies: Large enterprise RFID, barcode, and location-solutions incumbent. Competes with IOE across RFID asset tracking, indoor location, and healthcare mobility but as part of a much broader enterprise capture-and-connectivity portfolio.
• HERE Technologies: Indoor mapping and location-as-a-service platform used by malls, airports, and venues for wayfinding. Broad incumbent alternative to IOE's V-IMU indoor location service SDK approach.
• Semtech: Owner of the LoRa silicon and LoRaWAN protocol that IOE's repeater node extends. Comparable as the underlying connectivity platform for IOE's industrial/IoT range extension product and as an ecosystem player in private IoT networks.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 IOE Technologies