Nuri Telecom Selected as One of Deloitte's 2019 Asia-Pacific Fast 500 Companies

[Asia Economy Reporter Hyunseok Yoo] Nuritelecom, an energy IoT solution specialist company, announced on the 21st that it has been selected for the '2019 Asia Pacific Technology Fast 500' by Deloitte, a global accounting consulting firm.

Deloitte's 'Asia Pacific Technology Fast 500' is an annual program recognizing the best technology companies in the Asia Pacific region, selected based on technological innovation, entrepreneurship, and rapid growth over the past three years.

Nuritelecom was established in 1992 and has 28 years of experience this year. Since 1998, it has been focusing on IoT-based AMI solutions (brand: Aimir) as its core business. As of the end of last year, it has delivered a total of 3.3 million units to 46 domestic and international power companies, with an average export ratio of 45% over the past five years. Its achievements in overseas exports in the intelligent metering infrastructure sector were recognized when it was selected as a World Class 300 company in 2018.

Songman Cho, Chairman of Nuritelecom, said, "We are not satisfied with being selected as a rapidly growing technology company in the Asia Pacific region. We plan to further expand exports and overseas market development of AMI and microgrid solutions in Asia, Europe, Africa, North America, and South America." He added, "As one of this year's business strategies, we will focus on establishing a platform business foundation by launching a SaaS (Software as a Service) Cloud AMI business model."