Sindesy IoT Solution

Water Heater Digitization

Energy Tech
Non Active, Jan 2020 ceased to operate
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Company Overview

Snapshot

Founded in April 2016 by Yossi Azulay and Zohar Friling, Sindesy IoT Solution operates with 1–10 employees. The company ceased operations in January 2020.

Business overview

Sindesy IoT Solution specializes in digitizing standard water heaters, transforming them into fully monitored and web-connected systems. The company leverages patented sensor-deployment technology and real-time big data analysis to enable remote control of water heaters. Operating within the Energy Tech and Consumer Electronics sectors, Sindesy targets consumers with solutions focused on energy consumption and efficiency.

Strategic signal

In May 2018, Sindesy IoT Solution participated in the SilicoNegevBGU festival, an entrepreneurship and financing event for young companies. The company was one of three finalists presenting their technology in the SilicoNegev competition, which aimed to strengthen the Negev region's tech ecosystem. This event highlighted Sindesy's innovative approach to IoT in energy efficiency and provided a platform for potential investment and strategic partnerships, signaling early validation of its technology and market potential.

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Company Intelligence Q&A

What is Sindesy IoT Solution's primary focus?
Sindesy IoT Solution focuses on digitizing water heaters, converting standard units into web-connected systems that can be remotely monitored and controlled using patented sensor technology and big data analysis.
When was Sindesy IoT Solution founded and by whom?
Sindesy IoT Solution was founded in April 2016 by Yossi Azulay and Zohar Friling.
What significant event occurred in January 2020 for Sindesy IoT Solution?
In January 2020, Sindesy IoT Solution ceased to operate, marking the end of its business activities.
What was the outcome of Sindesy IoT Solution's participation in the SilicoNegev competition?
In May 2018, Sindesy IoT Solution was a finalist in the 2nd annual SilicoNegev competition, an event for tech startups focused on the Negev region, where the winner was eligible for an investment of up to 500,000 NIS from the Mata Foundation for Development and Growth.
What is the company's employee count?
Sindesy IoT Solution has 1–10 employees.
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