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2019: Growth strategy for a growth company in IOT and industrial sensors

El-Watch develops wireless sensors and internet of things (IoT) solutions for industrial purposes. The company has innovative solutions with large customer benefits and is positioned to achieve significant growth in the coming years. Impello has assisted El-Watch in defining a growth strategy including both organic and structural growth (M&A).

El-Watch

Location
Rindal
Sector
Electronics, wireless sensors
Employees
17
Revenues 2018
NOK 11 million

Customer statement

"El-Watch is at a stage focused on commercialization and rapid growth. Impello has assisted the company in a growth strategy process during Spring 2019 which involved the management, board and owners. We are very satisfied with the cooperation. The process has resulted in a new and unified growth strategy including clear priorities for further development of organization, market and strategic/financial partner solutions." - Kjetil Halle, CEO
Photo: El-Watch