Indizen Optical Technologies S.L.

Indizen Optical Technologies (IOT) operates as a business-to-business provider, specializing in the development of advanced technologies for the ophthalmic lens industry. The company's business model is centered on acting as an external research and development department for its clients, which are primarily independent optical laboratories. IOT provides these labs with the necessary software, lens designs, and technical support to manufacture and market their own branded, high-quality lenses, thereby enabling them to compete with larger corporations. Revenue is generated by licensing its lens design software, IOT Freeform Designer, and offering a suite of services including technical consulting, marketing support, and quality control implementation.

The company was established in 2005 as a university spin-off from the Universidad Complutense de Madrid. The founding team consists of Daniel Crespo, who holds a Ph.D. in applied optics, and his two former university professors, José Alonso and Juan Antonio Quiroga, both experts in physics and optics. The idea originated from the founders' recognition that the new 'free-form' manufacturing technology would allow independent labs to create custom lenses if they had access to the right software and optical expertise. Starting in a tiny office, the company launched its first product, IOT Freeform Designer, within three years. A significant milestone occurred in 2010 when IOT partnered with Younger Optics, which became the majority owner and facilitated IOT's global expansion. This partnership helped establish a North American headquarters in California. Today, IOT serves over 400 partners in more than 70 countries.

IOT’s core offering is a comprehensive portfolio of lens designs that labs can produce under their own brand. This includes progressive lenses, single-vision lenses, and specialized lenses for specific activities like driving, sports, or office work. Key technologies underpinning their products are Digital Ray-Path 2, which minimizes aberrations by calculating the path of light through the lens to the moving eye, and Camber Technology, which optimizes the lens curvature on both surfaces for greater clarity. The company also provides photochromic lenses (IOT Neochromes) and myopia management solutions like MyoLess. IOT offers its partners extensive support, from auditing the manufacturing process to co-developing marketing strategies, positioning itself as an integral innovation partner rather than just a supplier.

Keywords: ophthalmic lens technology, freeform lens design, optical software, lens manufacturing, Digital Ray-Path 2, Camber Technology, independent optical labs, custom lenses, progressive lenses, single-vision lenses, photochromic lenses, myopia management, lens design software, optical R&D, Daniel Crespo, José Alonso, Juan Antonio Quiroga, Younger Optics, IOT Freeform Designer, ophthalmic innovation, B2B optical solutions, white label lenses, lens calculation software, visual acuity simulation, eye-tracking technology