1、Consolidated Annual Report&Accounts Year ended 31 March 2021GROUP PLCVianet Group plc iVianet Group plc is a leading Business to Business(“b2b”)provider of actionable management information and business insight.By combining data from our customers assets with our smart,cloud based,Internet of Things
2、(IOT)solutions,we deliver critical insight and analysis that drives superior operational performance.With over 300 customers and more than 212,000 connected devices across the UK,Europe,and the US,Vianets experience and knowledge combine to form a powerful market leading proprietary technology and i
3、nsight capability.We connect customers to their assets via single or multiple IOT smart devices which interface to the asset and collect the relevant data.The machine data is sent to our cloud hosted IOT platform where it is processed.Vianet operates in two core business verticals.Our Smart Machines
4、 solution is designed for the unattended coffee,snack and soft drink vending machine market,and our Smart Zones solution is designed for the pub and hospitality industry,both connecting customers to their assets and delivering powerful insights and analytics in real time.Smart Machines is one of the
5、 largest b2b connected solutions providers in Europe with established long-term relationships with major industry players and growing recurring revenues which comprise c.90%of total revenues.The acquisition of Vendman Systems Limited(“Vendman”)in 2017 resulted in a further c.200,000 machines connect
6、ed via mobile technology,the majority of which will,over time,become higher value Smart Machines connections.By connecting customers to their assets,we gather data from which insight and analytics support improves decision-making and enables our end-to-end contactless payment solution.The outcome fo