Norway, Sept. 24 -- Otovo has signed up its first 3,000 service customers in Germany, Norway, Spain and Sweden as it debuts its offering of remote monitoring and diagnostics, accelerated response time, and discounted service work on batteries, inverters and solar panels. Most customers have signed up for 12 months service paid upfront resulting in a EUR 115 annual average revenue per user, representing EUR 350,000 in annual recurring revenue. Recurring revenue with attractive marginsThe product is priced at €9 per month for customers signing up for 12 months, and €12 per month for those preferring a monthly commitment and billing. The 3,000 first customers have signed up in order to keep service levels high after their initial w...