1、Consolidated Annual Report&Accounts Year ended 31 March 2019GROUP PLCVianet Group plc iVianet Group plc(LSE:VNET)is a leading provider of actionable management information and business insight created through combining data from our smart Internet of Things(IOT)solutions and external information sou
2、rces.Servicing over 300 customers across the world and rendering live data to our IOT platform from circa 230,000 connected machines daily,Vianet is one of the largest business to business(b2b)connected solutions providers in Europe with established long-term relationships with blue chip customers a
3、nd growing recurring revenues which comprise 94%of total revenues.The acquisition of Vendman Systems Limited(“Vendman”)resulted in a further circa 200,000 mobile connections,the majority of which will over time become higher value Smart Machines connections.Vianet delivers value for customers by con
4、necting customers to their assets and generating analytics and insight from data gathered from those assets to support more informed customer decision making to drive improvement by:Predicting future asset performance to increase utilisation and significantly reduce servicing costs;Identifying previ
5、ously unknown trends,inefficiencies,and wasted resources;Defining potential new procedures,revenue streams,automation services,and incorporating these into the customers existing processes;and Providing alerts on fault conditions and product availability so that asset uptime can be maximised.Buildin
6、g on our proven track record of converting IOT into actionable data and solutions for b2b markets,our mission is to become the recognised leader in our chosen markets through delivering analytics and insight to customers by connecting them to their assets.The business and technological capability th