OT solutions specialist Constellation Technologies Limited’s (ASX:CT1) wholly-owned China subsidiary has signed its first customer contract in China.
The contract is with Beijing BHZQ Environmental Engineering Technology Co., Ltd. (BHZQ) to provide a new Operational Management Solution (OMS) for a large-scale ecological corridor construction project managed by BHZQ in the Daxing district of Beijing.
The OMS is designed and built by CT1, on CT1’s existing IoT architecture and utilising its in-house expertise.
The first deployment incorporates operational information including personnel and task scheduling with field datasets received from IoT sensors implemented by CT1 at 33 drainage outlets that discharge into natural water courses such as lakes and rivers within the Daxing district.
Additionally, the CT1 OMS mobile application will help enable the management and collection of manual observational information from a further 80 drainage outlets, to which sensors may be added as part of future contracts.
The OMS web and mobile applications are both operational in Chinese and English for deployment worldwide both as Software as a Service (SaaS) and local installation.
Constellation said that in this one vertical application for drainage outlets, this new solution has a substantial serviceable market in China of approximately one million estimated outlets.
Under recent Chinese legislation, the Ministry of Ecology and Environment of China has tasked local governments to strictly regulate monitoring, testing, tracing and treatment controls for major rivers, basins and lakes covering millions of drainage discharge outlets around China.
Consequently CT1’s Chinese subsidiary is currently exploring further opportunities to sell the OMS in China.
Constellation stated that the current contract pipeline of the Chinese subsidiary, excluding other group revenues, exceeds an estimated A$8.5 million of revenues to be potentially contracted over the next 12 months.
“The contract pipeline includes potential smart city opportunities which the Board considers to be a fertile area of development for the company into the future, particularly in China.
“In addition to this there are many other significant international and domestic opportunities being pursued by the company.”
