Sayot, founded in 2000, offers automated metering and telemetry services for utilities in the EMEA region and aims to lead the market amidst significant losses and theft in electricity and water distribution. The company benefits from strong backing by Cukurova Holding and the growing demand for utility meter upgrades in Turkey and surrounding areas. With a focus on integrating advanced communication technologies, Sayot taps into a large population of 150 million Turkish speakers and aims to capitalize on privatization trends in utility services.