Annual report pursuant to Section 13 and 15(d)

Revenue Recognition (Tables)

v3.22.1
Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation Revenue
The Company views the following disaggregated disclosures as useful to understand the composition of revenue recognized during the respective reporting periods:
 
 
  
Year ended December 31,
 
(in ‘000)
  
2021
 
  
2020
 
  
2019
 
Connectivity*
  
$
164,392
 
  
$
152,996
 
  
$
147,927
 
Hardware Sales
  
 
54,898
 
  
 
29,601
 
  
 
8,767
 
Hardware Sales - bill-and-hold
  
 
5,357
 
  
 
11,314
 
  
 
960
 
Deployment services, professional services, and other
  
 
23,570
 
  
 
19,849
 
  
 
11,498
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Total
  
$
248,217
 
  
$
213,760
 
  
$
169,152
 
 
*
Includes connectivity-related revenues from IoT Connectivity and IoT Solutions