iOThree Ltd

iOThree Ltd is a leading provider of maritime digital technologies, including satellite connectivity and digitalization solutions, in Singapore. The company focuses on facilitating the maritime industry's digital transformation. As of March 31, 2024, iOThree Ltd ranked fifth in the Singaporean market based on revenue from maritime connectivity and digital solutions, holding a market share of approximately 6.2%, according to the Frost & Sullivan Report. iOThree Ltd operates through two segments: satellite connectivity solution, and digitalization and other solutions. In the satellite connectivity solution segment, the company provides integrated satellite connectivity services and sells or leases satellite network equipment and devices for shipboard network management. The digitalization and other solutions segment involves designing digital solutions, providing IT support, and offering shipboard support services for IT and OT applications enablement. The company's digitalization platform, JARVISS, is designed to support enhanced integrated solutions, asset optimization, and the delivery of secured critical applications globally. JARVISS hosts native applications developed by iOThree Ltd and third-party applications, consolidating functions such as IoT and vessel management. Additionally, iOThree Ltd's digital solutions portfolio includes V.Suite solutions and the maritime ERP system FRIDAY.