Company DescriptionRimon Consulting & Management Services Ltd. engages in the water, energy, and natural gas infrastructure businesses in Israel. It owns, develops, and operates a portfolio of projects, including water plants, wastewater and reuse plants, brine treatment and discharge facilities, desalination plants, underground water drillings, reservoirs, pumping stations, and other infrastructure works; provides contractor services for the water infrastructure projects; and provides water and wastewater solutions for clients, including municipalities, agriculture and industry sectors, public utilities, and others. The company also owns and develops, and provides EPC (engineering, procurement, and construction) and O&M (operations and maintenance) contractor services for energy and renewable energy projects, including solar PV, biogas, and industrial cogeneration power plants; distributes and supplies approximately 100,000 MWh of electricity; and provides grid management services to 12,000 consumers, as well as distributes natural gas for consumers, including large-scale clients, such as factories, public institutions, and others. Further, it provides contractor services for water infrastructure works and natural gas pipes laying, as well as for infrastructure works, including pumping stations, reservoirs, civil works, construction waste recycling, and others; and horizontal directional drilling and pipe jacking services for water and natural gas infrastructure projects. The company's natural gas driven cogeneration power plants supply electricity and heat to its clients under BOT agreements. Rimon Consulting & Management Services Ltd. was founded in 1997 and is based in Caesarea, Israel.
How the Company Makes MoneyRimon makes money through a combination of product sales, subscription services, and maintenance contracts. The company sells its network monitoring and management solutions to businesses, generating revenue from the initial sale of software licenses or hardware appliances. In addition to one-time product sales, Rimon offers subscription-based services that provide customers with ongoing access to software updates, cloud-based tools, and enhanced support features. Rimon also secures revenue through annual maintenance contracts that ensure continued technical support and system upgrades for its clients. Partnerships with IT service providers and resellers further expand its market reach, contributing to its earnings by facilitating wider distribution and adoption of its solutions.