OKDO TARGETS GLOBAL SMART BUILDING MARKET WORTH OVER $80 BILLION WITH LAIIER® PARTNERSHIP

‘MOST INNOVATIVE COMPANY‘ AND GLOBAL TECHNOLOGY GROUP COMBINE FORCES TO TARGET SUSTAINABILITY AND WASTE REDUCTION VIA LEAK DETECTION REMOTE MONITORING AND PREDICTIVE MAINTENANCE. 

London, UK, 20th September 2022 – OKdo, part of RS Group PLC, announced an exclusive manufacturing and distribution partnership with LAIIER® for its Surface to Cloud™ smart buildings solution. The cutting-edge technology allows for intelligent liquid sensing on surfaces by combining printed sensors with LoRA technology at a cost-effective price for its customers.  The new relationship allows for LAIIER® to leverage the strengths of OKdo’s global manufacturing capabilities and distribution channels via direct channels, well-placed partners and through the RS Group.  This super-charged reach places both companies at the cutting edge of a $80.62 billion market opportunity. 

LAIIER®’s Surface to Cloud™ solution is designed to reduce costs associated with damage and inefficiencies in smart buildings through early warnings for events like water leaks. Detecting as little as two drops of water, the unique sensors are fitted via smart tape allowing for easy installation and wide application usage. Further, LAIIER®’s solutions are uniquely scalable and precise. A single printed sensor can monitor up to four square meters while remaining precise enough to detect the smallest of leaks. 

A powerful tool in remote monitoring and predictive maintenance, LAIIER®’s printed sensors are connected to LoRaWAN-enabled, battery-powered hardware devices, that communicate with the LAIIER® cloud for immediate feedback and preventative action. 

CEO & Founder of Fast Company listed LAIIER®, Matt Johnson said, “We’re very excited to be working with OKdo as an exclusive manufacturing and distribution partner. Over £1B is paid out annually on water leak claims in the UK alone. In the US, 40% of total commercial insurers’ annual claims are related to water leak damage and the talented team here at LAIIER® has created a solution that reduces that in a precise, cost-effective and scalable way.”  

LAIIER® is a predictive maintenance and continuous monitoring solution for commercial property insurers and facilities management, and transformative technology for building materials manufacturers seeking to add digital capabilities to analogue products. The partnership enables customers to collaborate with the skilled engineers at OKdo who have the licence and capability to create bespoke, customised hardware designs to further proliferate the technology.  

Rich Curtin, Co-Founder and CTO of OKdo, said, “Here at OKdo, we’re focused on conquering the smart world with smart solutions for our customers and the partnership with LAIIER® is just another example of how we’re doing that. We have robust manufacturing and distribution capabilities and are always looking to support businesses that are working to design a better world.”  

Furthering their customer-centric approach, OKdo and LAIIER® can customise the technology to detect more than water, including bulk solids such as grain, sugars, powders and hydrocarbons as well as other liquids.  

This new partnership is another step in OKdo’s exciting journey to be able to provide world-class products, services and solutions to their customers following the launch of their customisable ROCK 4SE board just last week.  

For more information, please visit https://www.okdo.com/nl/smart-world/ 

About LAIIER® 

LAIIER® makes wireless, connected printed sensors that install like tape, and detect leaks, occupancy, and more. It’s building a Surface to Cloud™️ industrial IoT solution that is uniquely easy to install and scale within the smart building and smart facility. Its Surface to Cloud Industrial IoT sensor platform addresses critical use cases in the smart building, starting with liquid leaks, liquid level, moisture detection, and much more. 

LAIIER®’s solution prevents damage to structures, conserves precious resources, and reduces the release of hazardous chemicals into the environment. LAIIER®’s ultimate vision is to make every surface in the built environment a smart LAIIER® from the point of construction. To create a more sustainable, healthy, and efficient world, we need to make it smart as we build it. LAIIER® makes that possible. 

About OKdo 

OKdo is a global technology company, an operating brand of Electrocomponents plc (LSE:ECM), which is disrupting single board computer (SBC) and IoT segments. Offering a unique combination of hardware, software, development support, manufacturing services and community projects, it is the world’s first business uniquely focused on meeting the rapidly evolving needs of SBC and IoT customers, from makers and entrepreneurs to industrial designers, educators and resellers.

For more information contact: katie.chubb@okdo.com

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