Strategic Geographic Expansion The recent transition of manufacturing facilities from Singapore to Bangkok indicates a strategic regional expansion, offering opportunities to target Southeast Asian retailers and enterprises looking to leverage locally produced IoT and security solutions.
Innovation in Smart Packaging With ongoing developments in NFC IoT solutions for product authentication and digital identities, there is a strong sales potential to collaborate with packaging and consumer goods companies aiming to enhance supply chain transparency and product security.
Regulatory Readiness Partnerships focused on Digital Product Passports and supply chain transparency position the company to serve clients preparing for upcoming EU regulations, especially within logistics, manufacturing, and retail sectors seeking compliant, innovative tracking solutions.
Educational & Consumer Engagement Collaborations with edtech startups like TUK demonstrate a niche opportunity to expand into educational technology markets with IoT solutions that promote early literacy and screen-free engagement, appealing to institutions seeking innovative learning tools.
Focused Growth & Funding With modest revenue and $8M in funding, there is an opportunity to target mid-sized retail and supply chain companies seeking scalable IoT security solutions, leveraging the company’s innovative offerings and growing strategic partnerships to capture new market segments.