ELCO IoT focuses on the research and development of IoT terminal products and the provision of comprehensive solutions. With IoT technology as the core, it has launched multiple products based on NB, CAT. 1, 4G, and 5G wireless communication technologies, providing basic data collection services and platform application development services from "data networking" to "application visualization" for customers in the industrial, pan industrial, and operator fields. It helps users obtain various basic data resources that are directly related and indirectly influential for production, manufacturing, operation, and after-sales operation and maintenance. Combined with the management concept and application expansion mode of data lifecycle, it can better help users achieve innovative applications such as equipment status monitoring, asset performance control, working condition and working environment monitoring, equipment operation and maintenance, and preventive maintenance.